Canadian dollar

Loonie to gain as rate hikes cease: CIBC Fallback Image Decorative pattern

Market Insights

Loonie to gain as rate hikes cease: CIBC

The U.S. dollar is expected to soften as rates peak, giving way to other drivers

By James Langton |January 23, 2023

1 min read

Lower energy exports, higher dollar drive swing in monthly trade balance Lower energy exports, higher dollar drive swing in monthly trade balance

Economic Indicators

Lower energy exports, higher dollar drive swing in monthly trade balance

Trade deficit returned in November, StatsCan data show

By James Langton |January 5, 2023

2 min read

Loonie slides after Fed rate hike as investors retreat to safe haven of U.S. dollar Fallback Image Decorative pattern

Economic Indicators

Loonie slides after Fed rate hike as investors retreat to safe haven of U.S. dollar

A lower loonie might make it harder for the Bank of Canada to stem inflation

By The Canadian Press |September 22, 2022

3 min read

BoC rate hike contributes to loonie falling to a 20-month low Fallback Image Decorative pattern

Economic Indicators

BoC rate hike contributes to loonie falling to a 20-month low

Investors fear the Federal Reserve will mirror the full percentage point hike in two weeks

By Ross Marowits, The Canadian Press |July 14, 2022

2 min read