The National Bank of Canada

Strong crude oil prices reined in the slide in the Canadian dollar last week despite disappointing economic indicators, with WTI crude oil hitting $59 on Friday for the first time in two years. This...

With U.S. stock markets closed Thursday for Thanksgiving, Asian markets drew interest further to the nearly 3% downturn posted on the main Chinese stock market. This drop is explained by a tightening...

The U.S. dollar had an excellent day yesterday as the euro was down due to the political uncertainty surrounding failed negotiations to form a coalition government in Germany. Mario Draghi reiterated...

This week promises to be relatively calm on the currency market and will be shorter due to U.S. Thanksgiving celebrations. This week, we are continuing to monitor discussions regarding the Trump...

While North American markets were off, rumours were circulating yesterday in the United Kingdom that members of Theresa May’s Conservative Party had allegedly lost confidence in their leader....

The rising trend in crude oil (WTI) picked up speed yesterday, hitting $57.30 in the afternoon after breaching technical levels on Friday (climbing above $55.25). The next zone to watch is the $58-$62...

The U.S. economy continues to churn out jobs at an impressive pace: +261,000 in October, although that reading is slightly below expectations (313,000). The previous month, which was strongly impacted...

According to the Wall Street Journal, U.S. President Donald Trump is about to appoint Jerome Powell to head the U.S. Federal Reserve (Fed) to replace Janet Yellen. Powell is a Republican, appointed...

The Canadian economy grew at an annualized 3.5% compared with a forecast 3.6%, marking a third straight month of a slowing economy. This disappointing reading led the loonie to lose 50 basis points...

The U.S. dollar saw strong gains on Friday morning as the U.S. Department of Commerce reported annualized Q3 growth of 3%, beating the projected 2.6%. This reading reinforced the likelihood of a U.S....

The U.S. dollar saw quite a comeback yesterday for a number of reasons. Among the most significant were comments from the European Central Bank, which announced that it planned to extend its asset...

In a context devoid of major events, the greenback managed to gain ground yesterday against the other major currencies. Among the sources of support, one could note the impression that progress is...

The loonie lost a little over 1% last week due to uncertainty surrounding NAFTA, but also due to the lack of inflationary pressure in Canada and disappointing consumer spending data. Another...

Late in the day yesterday, rumours surfaced that U.S. President Donald Trump was considering naming Jerome Powell to replace Janet Yellen as Chair of the U.S. Federal Reserve, which shook up the...

The loonie saw a generalized rise yesterday, gaining more than 60 points against the U.S. dollar, despite the fact that no significant economic indicators were released in Canada. Often, such...

The business sentiment survey released Monday by the Bank of Canada revealed that companies’ confidence in the Canadian economy remains high, although the survey did paint a somewhat less rosy...