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Tag: Loonie

Canada

Canadian Job Market Diverges From US, Weak Loonie Usually Follows: BMO

May 13, 2025

The Canadian and US labor markets tend to make very similar moves, and rarely diverge. This is one of those rare divergences, according to a new analysis from BMO Capital Markets. The bank’s chief economist is warning that Canadian employment is showing the worst divergence in nearly 25 years. It’s rare to see this kind […]

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Canada

Canadian Loonie Regained Value Lost To USD Since Tariff Threats: BMO

April 11, 2025

The Canadian dollar, a.k.a. the Loonie, has been losing ground against the US Greenback since 2021. The erosion accelerated when the US administration threatened tariffs, but a new report reveals that reality is better than expectations. A new analysis from BMO Capital Markets explained to investors that the Loonie has regained the ground lost against […]

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