CAD

Canada Presents Human Rights Activist Viola Desmond as the Face of the New $10 Bill

Canada Presents Human Rights Activist Viola Desmond as the Face of the New $10 Bill

With the launch of a new $10 bill on November 19, Canada has ushered in an era of firsts: the first Black woman on a Canadian bank note, and the first Canadian bank note with a vertical, not horizontal, orientation.

The bill features social justice icon Viola Desmond(1914–1965) who was refused entrance to a whites-only section of a Nova Scotia movie theatre in 1946.

Canada Employment Numbers may Result in Rate Hike

Canada Employment Numbers may Result in Rate Hike

Canada’s economy created 31.8 thousand jobs in June, well above the estimate of 22.3 thousand. With Bank of Canada’s July rate decision on Wednesday largely based on economic data, Friday’s strong job creation data is ammunition in favor of raising rates this week.

Week Ahead: Dollar Mixed Ahead of Retail Sales, Inflation and North Korea Meeting

Week Ahead: Dollar Mixed Ahead of Retail Sales, Inflation and North Korea Meeting

The U.S. dollar ended up mixed against major pairs after the release of the U.S. nonfarm payrolls report for February and news of a potential meet up between North Korea and American leaders.

The Week Ahead: US Dollar Surges Amidst Volatility

The Week Ahead: US Dollar Surges Amidst Volatility

The U.S. dollar had its strongest week against major currency pairs in twelve months. Even as the United States is suffering a bout of political uncertainty, the dollar became a safe haven as stocks and bonds saw massive moves this week.

Dollar Drops in Thanksgiving Week with US Taxes in Spotlight

Dollar Drops in Thanksgiving Week with US Taxes in Spotlight

The US dollar depreciated on Friday touching a five-week low against major currencies. European PMIs beat expectations while US's disappointed. US President Donald Trump will meet with Senate Republicans to discuss the vote on the Senate bill to be voted later in the week.

Loonie Takes Flight After Inflation Report

Loonie Takes Flight After Inflation Report

After a two-year low in June, data on Friday showed that Canada’s annual inflation rate picked up last month. Here's what else you need to know.

The Week Ahead: Political Pressure Ahead of July Fed Meeting

The Week Ahead: Political Pressure Ahead of July Fed Meeting

The investigation into Russian ties along with the lack of momentum in policy reform put a spotlight on political uncertainty and weakened the US dollar.

The Canadian Dollar's Quiet Holiday Shifts Focus to Federal Reserve

The Canadian Dollar's Quiet Holiday Shifts Focus to Federal Reserve

With no economic numbers come out of Canada or the US on Monday, markets will change focus to the Federal Reserve and the four FOMC member speeches.

The Week Ahead: Political Risk to Drive Dollar

The Week Ahead: Political Risk to Drive Dollar

The turmoil in Washington continues to be the main driving factor for markets with the potential testimony of former FBI Director James Comey on Wednesday-the biggest event risk for the greenback.

Covering the spread: A look back at the year’s most challenging currency pairs

Covering the spread: A look back at the year’s most challenging currency pairs

We recap how widening spreads with the dollar have affected businesses across the globe. Here are the most volatile currency pairs we examined.