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Canadian Dollar ends winning streak on competing market holiday Monday

Canadian Dollar ends winning streak on competing market holiday Monday

The Canadian Dollar took a dip against the US Dollar on Monday. Both Canadian and US markets are facing down times due to the long weekend holidays. September kicks off with a hint of potential, but it’s fading fast. The Canadian Dollar (CAD) slipped against the US Dollar (USD) on Monday, dipping just under 1%. […]

Canadian Charged for Two Decades of Illegal Voting in North Carolina

Canadian Charged for Two Decades of Illegal Voting in North Carolina

Charges Filed Against Canadian Citizens for Illegal Voting in North Carolina This week, a judge in North Carolina has filed charges against Canadian citizens related to their involvement in the 2022 and 2024 elections by registering and voting. The accusations involve felony charges which could lead to prison time if convicted. According to the indictment […]

Canadian Dollar continues to rise as positive market sentiment recovers

Canadian Dollar continues to rise as positive market sentiment recovers

The Canadian dollar saw an increase on Wednesday, gaining strength as the US dollar struggled. Global market sentiment appears to be leaning bullish, with anti-currency movements becoming more pronounced. Canada’s GDP report set for Friday may be overshadowed by the upcoming US PCE inflation figures. On Wednesday, the Canadian dollar (CAD) moved higher, boosted by […]

Canadian banks to avoid severe tariff impacts in recent earnings report

Canadian banks to avoid severe tariff impacts in recent earnings report

Canadian Banks Anticipate Lower Loan Losses TORONTO – Major Canadian banks are likely to reduce their loan loss provisions for the third quarter, as the impact of US tariffs appears to be less severe than initially feared. Data from LSEG indicates that the Big Six banks are projected to report approximately $5.22 billion in loan […]

Canadian Dollar rises close to 1.3900 before Powell’s Jackson Hole address.

Canadian Dollar rises close to 1.3900 before Powell's Jackson Hole address.

The USD/CAD pair dipped to around 1.3905 during early Asian trading on Friday. Unexpected results from the US S&P Global Manufacturing PMI for August were released. A rebound in crude oil prices is expected to bolster the commodity-linked CAD. On Friday morning in Asia, the USD/CAD currency pair halted a three-day winning streak, falling to […]

Canadian woman Gail Lane restores her vision using a tooth in her eye socket

Canadian woman Gail Lane restores her vision using a tooth in her eye socket

Eyes and teeth… eyes? A Canadian woman has seen a partial restoration of her vision after undergoing an unusual surgery that involved implanting her teeth into her left eye socket. Seventy-five-year-old Gail Lane is one of three Canadians to receive this rare procedure, informally referred to as dental eye surgery. She lost her sight about […]

Canadian Dollar loses momentum as US Dollar attempts a recovery

Canadian Dollar loses momentum as US Dollar attempts a recovery

The acquisition of the Canadian Dollar allowed for a rebound amidst the US dollar’s strength. Rooney experienced a short-term winning streak on Thursday. Despite an improvement in Canada’s PMI, market focus has shifted elsewhere. The Canadian Dollar (CAD) took a step back on Thursday, ending a four-day winning streak against the US Dollar (USD) as […]

Canadian Dollar remains steady as pressure from a strong U.S. Dollar lessens

Canadian Dollar remains steady as pressure from a strong U.S. Dollar lessens

Canadian Dollar Weakens Amid Market Developments The Canadian dollar lost some momentum on Monday following a strong performance in the market last week. Many Canadian markets are closed at the start of the week due to public holidays, affecting overall trading activity. This week features essential labor data from Canada, which will inform expectations regarding […]