Insights

May 24, 2018
Trump says he won’t meet with Kim Jong Un

Today’s announcement of the cancellation of meeting Kim Jong Un, and yesterday’s comments that the White House is contemplating new tariffs on imported cars and trucks have strengthened the USD. Japan, South Korea and Germany are trying to stay within the expected guidelines that Trump has set out, while Mexico and Canada have yet to […]

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By MoneyWay
May 23, 2018
USD Stronger Against Most Currencies

A combination of political uncertainty in Italy, Turkey, an increase in US-North Korean tensions and US-China trade talks fading, allowed the USD to gain against most major currencies. Turkey’s financial stability has come into question, it’s currency the Turkish lira has fallen to its lowest level in ten years, investors are concerned about the country’s […]

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By MoneyWay
May 18, 2018
Canadian Dollar Weaker to USD

Oil prices are basically unchanged, Canada’s economic data came in as expected or better, however, it seems that the NAFTA talks are starting to take front and centre. Morgan Stanley believes that the Mexican peso is at the greatest risk of being the biggest loser if the talks fail with Canada being impacted to a […]

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By MoneyWay
May 17, 2018
USD to CAD Lower on NAFTA Delays

It appears that the upcoming NAFTA deadline will come and go with no results. Trump’s trade chief, Robert Lighthizer, has indicated that the deadline will not be met. Since it normally takes years for trade talks to be thoroughly analyzed and agreed upon, analysts believe that while all three countries are still negotiating, there is […]

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By MoneyWay
May 16, 2018
Canadian Dollar Better than Expected Manufacturing Sales

Even though March’s numbers were lower than February, March manufacturing sales were up a greater than expected monthly 1.4 percent thanks to higher sales at primary metal, aerospace product & parts, fabricated metal product and the other transportation equipment industries. Sales were up in 13 of 21 industries representing 72 percent of the manufacturing sector. […]

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By MoneyWay
May 15, 2018
Canada’s home sales decline by 2.9% in April

National home sales via Canadian MLS® Systems declined by 2.9% in April 2018 to the lowest level in more than five years. About 60% of all local housing markets reported fewer sales, led by the Fraser Valley, Calgary, Ottawa and Montreal. Activity was below year-ago levels in about 60% of all local markets, led overwhelmingly […]

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By MoneyWay

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