7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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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 U.S. 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 74.40 U.S. cents, after touching its weakest intraday level since Nov. 10 at 1.3495.

“It’s predominantly being driven by exogenous factors,” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets. “We see the (U.S.) dollar up across the board; including against the Canadian dollar.”

The safe-haven U.S. dollar advanced against a basket of major currencies, recouping some recent losses, as fresh COVID-19 curbs in China fuelled worries over the global economic outlook and made traders shun riskier currencies.

The price of oil, one of Canada’s major exports, whipsawed as reports varied about whether Saudi Arabia and other OPEC oil producers are considering a half-million barrel daily output increase. U.S. crude oil futures settled 0.4% lower at $79.73 a barrel.

Speculators have cut their bearish bets on the Canadian dollar to the lowest since September, data from the U.S. Commodity Futures Trading Commission showed on Friday.

Canadian retail sales data is due on Tuesday which could offer clues on the strength of the domestic economy.

Canada’s yield curve, like the U.S. yield curve, has inverted further this month, potentially sending a stronger signal that the economy is headed for recession.

The 10-year eased 3.9 basis points on Monday to 3.086%, while it fell 2.3 basis points further below the 2-year rate to a gap of roughly 87 basis points, the largest seen in Refinitiv data going back to 1994.

https://www.tausiinsider.com/canadian-dollar-hits-11-day-low-as-greenback-notches-broadbased-gains/?feed_id=333450&_unique_id=647f24a1af962

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