United States Pending Home Sales (YoY) rose from previous -1.1% to 3.2% in April

May 19, 2026

United States Pending Home Sales (MoM) came in at 1.4%, above forecasts (1%) in April

Canadian Dollar: Downside risks persist against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) keeps a defensive tone as USD/CAD grinds higher despite firm domestic yields and crude. Their fair value estimate has slipped back toward 1.35, highlighting renewed overvaluation in the pair.