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Be Updated with the Latest Canada Market Insights and Currency Exchange News

CanAm Currency Exchange has been closely monitoring COVID-19 developments. Due to this dynamic situation, we are required to adapt our business procedures to protect our clients and employees. The health and well-being of you, your family, and our staff are our top priority. Therefore, due to the recent progression of COVID 19, CanAm Currency will…

Bank of Canada decision at 10amET.  No press conference.  No change expected with balanced outlook. S&P futures -20.  US 10s down 4bp to 2.22%.  Global investors fleeing to bonds. USD seeing broad demand, but the move is fading into NY trade. German unemployment explodes higher the most since the financial crisis. Australia 10-yr bond yield…

USD Trading Update US traders returning from Memorial Day long weekend devoid of major US/China trade headlines. USDCAD bouncing but trend-line resistance in the 1.3470s capping. EURUSD holding support in the 1.1170s after Thursday’s gold-inspired bullish outside day pattern. GBPUSD traders deciding what to do next following Theresa May’s announced June 7 resignation date. AUDUSD…

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