Posted March 19, 2019
The loonie may sink back to its record low $0.62 as the country retrenches from a consumer-spending boom into the face of a slowing global economy, warns former Bank of Canada advisor David Wolf. Continue Reading
Posted March 04, 2019
Under Economic Issues, Logistics & Supply Chain Issues, Other Government Departments-Agencies
Speaking at a political conference this weekend, Trump renewed his criticism of the Fed’s monetary policy, complaining that it was promoting a strong U.S. dollar to the detriment of American exporters. Continue Reading
Posted December 18, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
In the latest salvo of his policy feud with Fed Chairman Jerome Powell, Trump slammed the central bank for a likely rate hike saying it had no reason to move and urging it instead to “Take the Victory!” Continue Reading
Posted November 29, 2018
The Canadian dollar rallied to hit 75.40 U.S. cents yesterday, following comments from Fed Chairman Jerome Powell suggesting that the central bank may be nearing an end to its interest rate hikes. Continue Reading
Posted August 31, 2018
U.S. equities slumped yesterday after Trump told reporters he intends to escalate his trade war with Beijing by moving to impose tariffs on $200 billion worth of Chinese imports as soon as next week. Continue Reading
Posted August 29, 2018
The loonie has weakened about 3.1% this year versus the greenback, but some traders see stability ahead for the Canadian currency despite the shifting interest-rate outlook and trade developments. Continue Reading
