Speculative positioning has turned net-long the Canadian dollar for the first time since August 2023, data from the U.S.
The American dollar continued to plummet against other currencies on Tuesday, leaving one currency expert to wonder if the United States administration is looking to devalue the greenback on purpose.
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The Canadian dollar is expected to give back some recent gains over the coming months, but the currency could then re-establish its uptrend if the Bank of Canada shifts to raising interest rates and ...
The Canadian dollar continued higher on Wednesday morning, following the Bank of Canada’s latest announcement on its key overnight rate. The BoC froze that interest rate at 2.25 per cent, noting that ...
Google Finance showed the Canadian dollar rose 0.31 per cent against the greenback on Jan. 29, sitting at US$0.7409.
By Fergal Smith TORONTO, Feb 11 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday as ...
By Fergal Smith TORONTO, Feb 10 (Reuters) - The Canadian dollar steadied near an 11-day high against its U.S. counterpart on ...
The latest round of economic data show lower interest rates are not that effective of an antidote for a seemingly permanent ...
By Fergal Smith TORONTO, Feb 6 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Friday as stock ...
The Canadian dollar gave up a quarter cent on Friday, weighed down by two domestic reports and a sharp hike in the United States dollar. Statistics Canada reported on Friday, that Canada’s gross ...
U.S. ski resorts are reporting a drop in Canadian bookings, but it is not just about political tensions between Ottawa and ...