C$ remains quietly strong overnight on strong energy prices and Bank of Canada’s positive economic outlook. C$ looks to have further strength but this is now the best selling opportunity in over a week. The US$ remains strong, rallying almost 2% over the last two weeks, providing an opportunity fo...

The C$ is rallying to a new weekly high on higher than expected economic numbers. We expect continued C$ strength today with the long-term trend remaining downward. The US$ is weaker this morning after rallying strongly to new three-week highs. There is likely more US$ weakness today and tomorrow in...

After almost two weeks of declines the C$ is finding support this morning as oil and base metals are rallying strongly. Next week should provide a better opportunity for C$ sellers. The US$ has strengthened almost 2% over the last 9 days and is likely to remain volatile. Some weakness is overdue and...

C$ is under pressure overnight approaching new monthly lows due to lower crude prices and lower interest rates. Economic numbers are due tomorrow which might give C$ weakness a pause, but the long-term trend remains down. The US$ is strong approaching new highs for the year. Economic numbers today w...

The C$ is lower overnight giving up everything that was gained yesterday despite strong oil prices. We see C$ continuing to weaken over the longer term as Canadian bond yields weakened to less than 1.6%, so any rally is an opportunity to sell C$. The US$ has been trading in a wide range the last [&h...

The C$ has fallen to a two-week low and remains weak this morning heading to new monthly lows. The market is blaming the weakness on interest rates that could hurt a weakening economy. Any C$ strength today is a selling opportunity. Unlike Canada, the US shows no signs of an immanent recession. With...

A budget that increases the deficit, declining housing and weak economy are likely to keep rates down and are driving the C$ to a new weekly low. Any strength today would be a good opportunity to sell C$ as the trend remains towards weakness. The US$ has fully recovered from the weakness of two days...

The US$ fell to a six-week low yesterday before rebounding this morning on news that the Federal Reserve wouldn’t raise rates for the rest of the year. A re-test of the lows is likely over the next couple of days providing a buying opportunity with a view towards continued US$ strength. The C$ is ...