Despite all the attention commanded by the US dollar, its Canadian counterpart remains the strongest performing currency since the start of the month and the beginning of the quarter. Negotiations to save the North American Free Trade Agreement (NAFTA) have reached an impasse with no meetings scheduled among the top leaders ahead of month-end. Y...

2018-05-17 Ashraf Laidi Read more
Canadian dollar

The Canadian dollar is at it again The strongest currency among the top 10-traded currencies last year and again the strongest since the start of the 2nd half of 2017. Last week’s rate hike to 1.00% was the 2nd of the year, which reverses the two emergency rate cuts of 2015, delivered against the impact of sub$30 oil. And so the question becom...

2017-10-24 Ashraf Laidi Read more