April’s Used-Car Sales Plunge: Shocking 8% Drop in Retail Estimates!


In April 2023, used-car retail sales experienced a decline of approximately 8% year-over-year, according to data from Cox Automotive. However, average retail listing prices have continued to trend higher. Despite this, car buyers may soon be able to access better deals as wholesale used-vehicle prices decreased by 3% in April compared to March, marking the […]

USD/CAD to Fall as Canadian Dollar Gains Strength: ANZ Bank


The Canadian Dollar is anticipated to face difficulties in the short term, despite economists at ANZ Bank predicting that the USD/CAD pair will decrease later in the year. This is because if the Consumer Price Index (CPI) continues to drop towards the Bank of Canada’s (BoC) projections of 2.6% YoY by the end of the […]