Dollars and Sense: Greenback Exceptionalism
With markets punting out Fed cuts but not doing the same for other countries, the U.S. dollar’s strength has no challenger until a pivot occurs in economic dynamics between countries or a geopolitical shift takes hold. The U.S. dollar is flying high. Since last July, the broad trade-weighted dollar has appreciated nearly 5%, with much […]
September 16, 2022
Canadian Employment (April 2024)
Canada’s labour market explodes higher in April The Canadian labour market gained 90.4k positions in April, with full-time employment up 40.1k and part-time employment up 50.3k. The unemployment rate was unchanged at 6.1% and the participation rate rose 0.1 percentage point to 65.4%. Employment by sector showed gains in professional, scientific and technical services (+26k), […]