FX Monthly Update | May 2025
Economic Outlook and Summary April delivered another body blow to global markets. President Trump’s April 2 announcement of a 10% tariff on imports from 60 countries caught many off guard,...
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Economic Outlook and Summary April delivered another body blow to global markets. President Trump’s April 2 announcement of a 10% tariff on imports from 60 countries caught many off guard,...
Carney leads Liberals to victory—opposition leaders lose their seats. US JOLTS data and Consumer Confidence put the focus on recession risks. US dollar opens higher compared to close. USDCAD: open...
Risk sentiment turns positive as Trump back-tracks on Powell. Stock markets rally and Treasury yields sink US dollar rallies but CAD and MXN outperform USDCAD: open 1.3805, overnight range 1.3798-1.3861,...
Trump’s threat to fire Powell tanks greenback. China Leaves benchmark rates unchanged US dives across the board. USDCAD: open 1.3797, overnight range 1.3781-1.3851, close 1.3848, WTI 62.14 Gold 3394.83. The...
Canada CPI expected to be unchanged in March. Trump hinting at a pause in auto tariffs. US still on the defensive. USDCAD: open 1.3857, overnight range 1.3850-1.3909, close 1.3877,...
If you’ve been wondering, “Is Zelle available in Canada?” The short answer is no. Under Zelle’s current terms, it only works with US-based bank accounts and US phone numbers, so...
For Canadians and US expats living in Canada, having access to familiar foreign banks can be a game-changer. The financial landscape in both countries is intertwined, and cross-border banking transactions...
When sending or receiving money in Canada, it’s essential to understand the timeframe for wire transfers, whether you are handling domestic or international transactions. Knowing how long a wire transfer...
Trump delays tariffs on Chinese electronic imports. Global equity indexes surge. US dollar consolidating losses-AUD outperforms USDCAD: open 1.3848, overnight range 1.3829-1.3885 close 1.3865, WTI 2.08, Gold 3224.12 The...
Markets rally when Trump blinks US March CPI ex-food and energy expected at 3.0% y/y-February 3.1% US dollar sinks like a rock except against CHF and JPY USDCAD: open 1.4072,...
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