July 13, 2016

    CAD Makes Gains on BoC Rate Hold

    By / July 13, 2016

    The CAD is flying this morning on the BoC announcement to hold key interest rates steady. Up almost 1.5% at one point this morning, the CAD has given up some of its gains and now sits about 0.6% above the close yesterday. Crude oil inventories showed a draw of 200,000 more barrels than expected at… Read more

    CAD Volatile with no News Releases

    By / July 12, 2016

    The CAD is having a volatile morning making gains of over a cent and finally settling just below its morning high. No news this morning has the CAD following the broader tone of the market as well as oil, which is still sitting in the mid $45 range. Tomorrow is an extremely important morning as… Read more

    CAD Falls on Crude Ahead of BoC

    By / July 11, 2016

    The CAD has tumbled this morning following oil which has now settled in the mid-$45 range. No news today will leave focus squarely on Wednesday’s BoC rate decision and MPR forecast update. The chance of a rate cut in the next 12 months is being priced in at 30%.   The USD is making gains… Read more

    UK Referendum Shocks the Markets

    By / July 6, 2016

    On June 23rd, history was made. The people of the U.K. became the first nation to vote to leave the European Union since its inception over 20 years ago by a thin margin of 51.9%. The world was in shock and so were the markets. With major political changes like this, the financial shifts can… Read more

     

    Foreign Exchange Market Insights – Recap of June 2016

    By / July 6, 2016

      To speak with a Foreign Exchange Specialist immediately, call 1 866 752 7135. To get a no obligation quote on your foreign currency needs, complete the form below and a Foreign Exchange Specialist servicing your region will contact you within the business hour.

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