CANADA FX DEBT-C$ softens against rallying US$; focus turns to Bank of Canada

CANADA FX DEBT-C$ softens against rallying US$ ; focus turns to Bank of Canada

We still see broad downside risks for the Canadian dollar going forward, even if they were to hold off this week," said Bipan Rai, director of foreign exchange strategy at CIBC World Markets. "What's going to move the Canadian dollar forward are going …

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Planes, trains and banking machines: CIBC beefs up Toronto airport sponsorship

For CIBC, the deal complements another inked in December, 2013, with the Greater Toronto Airports Authority. Among other benefits, CIBC's presence at Pearson allows it to offer the same rates for foreign exchange as it does at branches elsewhere.

Read more on The Globe and Mail

Bank of Nova Scotia 'comfortable' with 20% rise in oil and gas loans

“It was a small miss,” Robert Sedran, a CIBC World Markets analyst, said in a note to clients. “Performance at … Global banking and markets profit rose 4.1% to $ 404 million, fuelled by its equities and foreign-exchange businesses, the bank said …

Read more on Financial Post

CANADA FX DEBT-C$ firms as rate-cut expectations scaled back

"The market really seems to be saying now that it may well be 'one and done'," said Don Mikolich, executive director, foreign exchange sales at CIBC world markets. "I don't know that we're going to have extensive CAD gains beyond here. We still have …

Read more on Reuters

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