Insights

Oct 12, 2021
Canadian dollar benefits from continuing higher energy prices.

Economists are starting to worry that the recent jump in energy prices is not a short-term blip, and it will have a                 protracted effect on inflation and a dampening effect on economic growth. While the current excuse of “supply chain disruptions” is valid, the question that arises is, “but for how long”? Natural gas […]

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By MoneyWay
Oct 8, 2021
Oil reaching a seven year high plus Canada’s better employment equals a stronger Canadian dollar

The Canadian dollar continues to strengthen as U.S. crude oil touched $80 USD a barrel, it seems that “supply disruptions” in Europe and Asia have taken hold in world oil markets. The irony is that U.S. inventory levels have been rising while the rest of the world is having delivery issues. Canada’s employment numbers were […]

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By MoneyWay
Oct 6, 2021
October starting to look like it’s living up to it’s worst month of the year for markets

Volatility and October seem to go hand in hand, it is the month which has had the two worst crashes , 1929 and 1987, plus there were sell offs in 1997, 1978,1979, and 1989. So, it stands to reason to have white knuckles riding out the month. The Canadian dollar is having its fair share […]

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By MoneyWay
Oct 5, 2021
The Canadian dollar continues to gain to the USD

This morning’s trade numbers for Canada is for August, basically 6 weeks ago, oil was trading at the $70 USD a barrel for West Texas Intermediate, today it’s over $79 USD a barrel, meaning that Canada’s Merchandise Trade for October will be even bigger. This is being reflected in the strength of the CAD to […]

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By MoneyWay
Sep 29, 2021
Markets trying to stem recent drops are having a difficult time

As winter approaches, energy commodities are holding steady, however analysts are calling for higher prices, West Texas Intermediate is currently $75 USD a barrel, expectations are for $80 USD or even higher. The Canadian dollar normally would get stronger, but as the USA is almost fully energy independent, the impact is not as severe as […]

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By MoneyWay
Sep 23, 2021
Energy commodities rally, so does the Canadian dollar

Markets across the board have gained back any losses from the beginning of the week, as fears around a crisis in China’s property market eased somewhat and as the Federal Reserve kept current monetary stimulus in place for just a little bit longer. The Dow is up over 550 points this morning while the TSX […]

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By MoneyWay

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