Canadian Dollar Forecast and Updates

Although filing a tax return is never an exciting topic, it’s important to note that tax rulings for Canadian-US snowbirds are a little more complicated than standard Canadian taxation. If you’re heading south of the border for the winter, it’s good to understand some general snowbird tax advice before you depart. Our aim with this […]

USD/CAD Open: 1.3610-14, Overnight Range: 1.3607-1.3666 WTI Oil is at $38.27 and gold is at $1,770.00. US markets are higher today. For today, USD resistance is at 1.3687. Support is at 1.3615. • Canada loses AAA credit rating • IMF downgrades global growth outlook, again • Rising US coronavirus cases spur shift to risk-aversion The […]

Throughout modern day history, Canadian retirement has long since been associated with wintertime snowbird escapes. Getting away from the sun-lacking cold Canadian weather is one of the best ways to make the “golden years” more golden.   A New Wave Of Frugal Snowbirds The harsh reality today is that many individuals going into retirement are […]

USD/CAD Open: 1.3564-68, Overnight Range: 1.3527-1.3596 WTI Oil is at $39.57 and gold is at $1,784.00. US markets are lower today. For today, USD resistance is at 1.3622. Support is at 1.3536. • Rising COVID-19 cases in USA unsettle markets • Trump administration threatens new tariffs on Canadian aluminum • Robust German IFO Business climate […]

It’s not uncommon for snowbirds to plan their winters outside of their traditional American comfort zone – the United States. There is plenty of warm weather, tropical climate, and excitement to be found in other parts of the world. With an increasing demand for adventurous experiences, Canadian snowbirds are looking to non-US countries for a […]

USD/CAD Open: 1.3526-30, Overnight Range: 1.3485-1.3570 WTI Oil is at $40.68 and gold is at $1,779.40. US markets are higher today. For today, USD resistance is at 1.3555. Support is at 1.3458. • White House advisor roils Asia markets with comments • Eurozone Manufacturing PMI data underpins EURUSD • Canadian dollar probing resistance, supported by […]

Nowadays it’s considered a basic necessity to have a working cell phone when you’re travelling abroad, whether it’s for business or personal reasons. Maintaining your phone’s functionality outside of your home country is essential to staying in touch with your relatives, friends, and work acquaintances. However, there are a few things you need to consider […]

USD/CAD Open: 1.3571-75, Overnight Range: 1.3531-1.3630 WTI Oil is at $40.06 and gold is at $1,769.00. US markets are higher today. For today, USD resistance is at 1.3580. Support is at 1.3513. • FX risk sentiment turns mildly positive • Steady-to-firm crude and higher commodity prices underpin Canadian dollar • BoC Governor Macklem speech today […]

If you’re an avid Canadian traveler who often weighs the benefits of car rentals versus car ownership in the United States, it will eventually make sense to just have a private vehicle licensed south of the border. Whether you’re exhausted from making the same lengthy drives over and over again, or simply just want a […]

USD/CAD Open: 1.3583-87, Overnight Range: 1.3547-1.3615 WTI Oil is at $40.13 and gold is at $1,758.60. US markets are higher today. For today, USD resistance is at 1.3614. Support is at 1.3523. • Canada April Retail Sales fell 26.4% • EURUSD stalled as EU debates Germany/France Relief Fund • GBPUSD slumps as debt-to-GDP reaches 100.5% […]