Month: April 2012

Market Comment: April 30

Market Comment: April 30

Good morning, The Canadian dollar has lost half-a-cent against the greenback following today’s Canadian February GDP miss (-0.2% vs. expected 0.2%).  Though pulling back from Friday’s close, an 8-month high ...
Market Comment: April 27

Market Comment: April 27

Good morning, The US Dollar is trading weaker this morning after posting a big miss in Q1 GDP, which came to print at 2.2%, well below the expected 2.6%.  Making ...
Market Comment: April 26

Market Comment: April 26

Good morning, The Canadian dollar traded higher yesterday following the FOMC meeting and press conference where Fed Chairman Bernanke signalled additional easing is on the table but will not be ...
Market Comment: April 25

Market Comment: April 25

Good morning, Markets are heading higher this morning following yesterday’s after-hours earnings release from Apple, which is up over 9% in pre-market trading.  Traders will be keeping their eyes peeled ...
Market Comment: April 24

Market Comment: April 24

Good morning, Markets are calm this morning following yesterday’s 1.5% selloff in the TSX.  European downside risks continue to weigh on markets and the Canadian dollar, although marginally stronger, is ...