Simon Plumb
simonplumb.bsky.social
Simon Plumb
@simonplumb.bsky.social
Head of USA at Currencies Direct. International payments , foreign currency exchange expert.
As of April 14, 2025, the USD to CAD exchange rate stands at approximately 1.4124. 

This rate indicates a slight decrease from the previous week’s rate of 1.4226.

Over the past week, the exchange rate has fluctuated between a high of 1.4226 and a low of 1.3890. 
April 14, 2025 at 6:04 PM
The PropTech space continues to evolve fast.
Exciting to see innovation pushing property management, investment, and tenant experience to the next level.
Big opportunities ahead for those who stay ahead of the curve. #PropTech #Innovation
April 8, 2025 at 11:21 PM
The dollar is trading positively against most of its peers so far this morning as investors favor safe-haven assets amid the ongoing rout in equity markets.

President Donald Trump’s new tariffs continue to drive market turmoil, with investors bracing for more countries to retaliate this week.
April 7, 2025 at 1:10 PM
The dollar is rallying this morning, following the publication of the latest US consumer price index.

January’s CPI figures reported headline inflation unexpectedly accelerated from 2.9% to a 7-month high of 3%, while core inflation climbed from 3.2% to 3.3% against forecasts it would cool to 3.1%
February 13, 2025 at 1:49 PM
USD Holds Steady Amid Trade War Concerns

All eyes on today’s JOLTS report—a strong print could reinforce USD strength by highlighting labor market resilience, while a weak reading might fuel Fed dovishness. Volatility ahead? #Forex #USD #Markets
February 4, 2025 at 1:12 PM
USD strong on trade fears, but watch for today's ISM manufacturing PMI. A contraction could weaken the dollar's climb. #USD #trade #economy
February 3, 2025 at 4:36 PM
Proptech is transforming real estate! Trends to watch:

• AI for smarter investments
• Virtual tours & digital twins
• Green tech for efficiency
• Blockchain for seamless deals

Which trend excites you most? #PropTech #Innovation
January 22, 2025 at 2:34 PM
The dollar is under pressure as improved market sentiment reduces demand for safe-haven assets.

Relief stems from Trump limiting tariffs to China, Mexico & Canada starting in Feb, avoiding broader measures feared during his campaign. Markets see this as restraint, boosting risk appetite.
January 22, 2025 at 2:31 PM
The dollar is up as Trump pushes ahead with tariff plans on China, Mexico, & Canada, driving demand for the safe-haven USD.

After Monday’s dip on delay rumors, his reaffirmation has sparked market volatility, boosting the dollar. Trade tensions loom.
January 21, 2025 at 3:53 PM
The dollar is set to finish the week on a high note, as demand for the safe-haven currency rises in a risk-averse market environment.

Despite this positive trend, FED official Chris Waller's remarks hinting at a possible interest rate cut by the central bank in March have tempered the gains. #usd
January 17, 2025 at 5:10 PM
The dollar is strengthening today as market sentiment leans towards caution, increasing the demand for the safe-haven currency.

Additionally, the #USD exchange rates are being supported by the most recent US retail sales data.
January 16, 2025 at 2:10 PM
Maintaining its momentum from last week, the dollar is off to a flying start this week, with #USD exchange rates striking new multi-month highs.

After Friday’s bumper payroll figures, investors are no longer confident that the Fed will cut rates this year, leading investors to flock to the dollar.
January 13, 2025 at 2:53 PM
Set for day 2 of the #ficpa 43rd International Tax Conference.
January 10, 2025 at 2:59 PM
#USD on the rise this morning, following the publication of the latest US non farm payroll figures.

Today’s release reported the US economy added 256,000 jobs in December, versus the 160,000 economists had forecast.
January 10, 2025 at 2:58 PM
#USD trending broadly higher this morning as a risk-averse market mood helps to bolster the appeal of the safe-haven currency.

This is linked in large part to renewed concern over Donald Trump’s proposed fiscal policies and the steps he will take to enact them.
January 9, 2025 at 2:16 PM
The #usd is strengthening this morning, following a report from CNN that Donald Trump may declare a national economic emergency to push through his tariff plans.

This would allow for the use of the International Emergency Economic Powers Act to impose tariffs on US imports with minimal resistance.
January 8, 2025 at 2:05 PM
The dollar is off to a poor start this week, after a report suggesting that tariffs under the incoming administration will be more limited than previously thought.

Donald Trump’s advisers are reportedly only seeking to impose tariffs on critical imports. #usd
January 6, 2025 at 2:49 PM
The dollar is trading in a narrow range this morning, in advance of the Federal Reserve’s final interest rate decision of 2024.

Another 25 basis-point rate cut is widely priced in, leaving the Fed’s forward guidance to determine the direction of the dollar this afternoon. #usd
December 18, 2024 at 2:10 PM
The dollar is stable this morning, following the publication of the latest producer price index.

November’s PPI figures reported factory-gate prices rose more than expected last month, pointing to persistent inflationary pressures.

#usd
December 12, 2024 at 2:43 PM
The #usd opens today’s session on the front foot, following the publication of the latest US consumer price index.

Today’s CPI figures report US inflation accelerated to a four-month high in November.

This has caused some USD investors to trim their Federal Reserve interest rate cut bets. #usd
December 11, 2024 at 1:45 PM
Trade in the dollar is mixed at the start of today’s session. A cautious market mood is helping to underpin the appeal of the safe-haven currency.

These gains remain limited in scope amid ongoing Federal Reserve interest rate cut speculation, as investors cement bets for a rate cut next week. #usd
December 10, 2024 at 2:25 PM
The dollar fluctuated when markets opened this week, and is now trending lower, as investors respond to the fall of Bashar al-Assad in Syria, as well as a pledge from China for more stimulus measures in 2025. #usd
December 9, 2024 at 2:35 PM
The dollar has seen a volatile start to today’s session as markets respond to the latest labor market data.
 
The non-farm payrolls figure beat forecasts for November, printing at 227,000 versus 200,000. October’s shockingly weak figure was revised up threefold, from 12,000 to 36,000. #usd
December 6, 2024 at 4:38 PM
November’s data showed the US private sector added a modest 146,000 jobs against the 150,000 forecast, weakening expectations for Friday’s more influential non-farm payroll report.

USD investors are also wary ahead of a speech by Federal Reserve Chair Jerome Powell later this afternoon. #usd
December 4, 2024 at 5:36 PM
The dollar is muted so far this morning as a cautiously optimistic market mood limits demand for the safe-haven currency.

USD investors also seem wary ahead of the publication of the latest Job Opening and Labor Turnover survey (JOLTS).

#usd #forex
December 3, 2024 at 1:35 PM