Canadian dollar gives back weekly gain as bond yields rebound

Canadian dollar gives back weekly gain as bond yields rebound

The Canadian dollar CADUSD weakened against its US counterpart on Friday, with the currency giving back its gains from earlier in the week as global bond yields rebounded and investors eyed Black Friday sales for clues on the health of the US economy. The loonie was trading 0.4 per cent lower at 1.3390 to the … Read more

Canadian dollar steadies as investors cheer U.S. Federal Reserve’s dovish signal

Canadian dollar steadies as investors cheer U.S. Federal Reserve’s dovish signal

The Canadian dollar CADUSD was little changed against its broadly weaker US counterpart on Thursday as lower oil prices offset a dovish signal on the pace of interest rate hikes from the US Federal Reserve. World shares touched a two-month high and the US dollar swooped towards a three-month low against a basket of major … Read more

Canadian dollar hits 11-day low as greenback notches broadbased gains

Canadian dollar hits 11-day low as greenback notches broadbased gains

The Canadian CADUSD dollar weakened to its lowest level in 11 days against its US counterpart on Monday as rising COVID-19 cases in China weighed on investor sentiment and speculation that OPEC would increase output led to volatility in the price of oil. The loonie was trading 0.4% lower at 1.3440 to the greenback, or … Read more

Recipes for Success: Chef Kelvin Cheung offers advice, recipe for an Indian rice and lentil dish

Recipes for Success: Chef Kelvin Cheung offers advice, recipe for an Indian rice and lentil dish

TORONTO: Chinese-Canadian chef Kelvin Cheung’s culinary journey started at the age of 12, working at his father’s restaurant in Chicago. He’s come a long way since then, with stints in Toronto, Vancouver, Delhi, Mumbai, and now, Dubai. During his time in India, Cheung was a favorite of several Bollywood celebrities, and he’s becoming something of … Read more

Dan Dan Noodles: A spicy and textured Sichuan dish

Dan Dan Noodles: A spicy and textured Sichuan dish

My first taste of modern Chinese cooking was a fabulous dish of General Tso’s sweetbreads created by Nick Liu when he was the chef at the Niagara Street Café in Toronto (the Edulis forerunner). I was blown away by the sweet, sour, spicy dish. Today, Liu owns Dailo which serves “new Asian” cooking. Liu is … Read more

Canadian dollar pares decline as hot inflation bolsters rate hike bets

Canadian dollar pares decline as hot inflation bolsters rate hike bets

The Canadian dollar CADUSD weakened against its US counterpart on Wednesday as investor sentiment soured, but the currency’s decline was capped as hot domestic inflation data led to raised bets on another jumbo interest rate hike by the Bank of Canada. Canada’s annual inflation rate inched down to 6.9 per cent in September, Statistics Canada … Read more

What I’m craving this weekend: Dan Dan Noodles

What I’m craving this weekend: Dan Dan Noodles

My first taste of modern Chinese cooking was a fabulous dish of General Tso’s sweetbreads created by Nick Liu when he was the chef at the Niagara Street Café in Toronto (the Edulis forerunner). I was blown away by the sweet, sour, spicy dish. Today, Liu owns Dailo which serves “new Asian” cooking. Liu is … Read more

Canadian dollar clings to prior day’s gains as equity markets rise

Canadian dollar clings to prior day’s gains as equity markets rise

The Canadian dollar CADUSD was unchanged against its US counterpart on Friday, with the currency holding on to its prior day’s gains as global equity markets rose and despite domestic data showing factory sales fell for a fourth straight month. Stocks rose and bond yields fell amid speculation of a British government U-turn on fiscal … Read more

Canadian dollar steadies near two-year low as investors eye U.S. inflation data

Canadian dollar steadies near two-year low as investors eye U.S. inflation data

The Canadian dollar CADUSD was little changed against its US counterpart on Wednesday, holding near its weakest level in over two years, as oil prices fell and investors weighed data showing US producer prices climbed more than expected in September. Equity markets globally hovered near recent lows as US producer prices rose at an annual … Read more

Canadian dollar slides on wave of U.S. dollar buying

Canadian dollar slides on wave of U.S. dollar buying

The commodity-linked Canadian dollar CADUSD weakened against its US counterpart on Wednesday as the greenback broadly climbed and domestic data showed exports falling in August, with the loonie losing ground despite higher oil prices. The Canadian dollar was down 0.7% at 1.36 to the greenback, or 73.53 US cents, after trading in a range of … Read more