Expert, money saving updates, forecasts & tips on the CAD exchange

Canadian Dollar Update – Canadian dollar treading water

Risk sentiment turns positive as Trump back-tracks on Powell. Stock markets rally and Treasury yields sink US dollar rallies but CAD and MXN outperform USDCAD: open 1.3805, overnight range 1.3798-1.3861,...

Canadian Dollar Update – Canadian dollar soaring

Trump’s threat to fire Powell tanks greenback. China Leaves benchmark rates unchanged US dives across the board. USDCAD: open 1.3797, overnight range 1.3781-1.3851, close 1.3848, WTI 62.14 Gold 3394.83. The...

Canadian Dollar Update – Canadian dollar rallies after BoC pauses

BoC left rates unchanged, and Loonie rallied Fed Chair Powell fears higher inflation. US trading defensively in narrow ranges USDCAD: open 1.3892, overnight range 1.3855-1.3897, close 1.3858, WTI 63.16, Gold...

Canadian Dollar Update – Canadian dollar consolidating ahead of BoC

Analysts are divided as to a BoC rate hold or cut decision. Fed Chair Powell on tap this afternoon US opens mixed but trading with a negative bias. USDCAD: open...

Canadian Dollar Update – Canadian dollar awaiting inflation news

  Canada CPI expected to be unchanged in March. Trump hinting at a pause in auto tariffs. US still on the defensive. USDCAD: open 1.3857, overnight range 1.3850-1.3909, close 1.3877,...

Is Zelle Available in Canada? Here’s What You Need to Know

If you’ve been wondering, “Is Zelle available in Canada?” The short answer is no. Under Zelle’s current terms, it only works with US-based bank accounts and US phone numbers, so...

List of US Banks in Canada and Their Services

For Canadians and US expats living in Canada, having access to familiar foreign banks can be a game-changer. The financial landscape in both countries is intertwined, and cross-border banking transactions...

Wire Transfer Timeframes in Canada: What You Need to Know

When sending or receiving money in Canada, it’s essential to understand the timeframe for wire transfers, whether you are handling domestic or international transactions. Knowing how long a wire transfer...

Canadian Dollar Update – Canadian dollar rally runs out of steam

  Trump delays tariffs on Chinese electronic imports. Global equity indexes surge. US dollar consolidating losses-AUD outperforms USDCAD: open 1.3848, overnight range 1.3829-1.3885 close 1.3865, WTI 2.08, Gold 3224.12 The...

Canadian Dollar Update – Canadian dollar soars

China raises its tariffs on US imports to 125% and say’s “We’re Done.” Stampede into safe haven currencies boosts JPY and CHF. US dollar opens with steep losses across the...