Experts say the next few months are going to be rough for the Canadian dollar as it appears set to continue its downward trend. “We do have more room to fall,” said Karl Schamotta, chief ...
In this analytical note we show that the share of the systematic variations in the Canadian dollar has risen significantly in the past two decades. Systematic variations in the exchange rate are ...
The New Jersey Devils faced their rival New York Rangers on Monday afternoon in one of the most anticipated matchups of the NHL’s regular season. With most people home for the holidays, the sold ...
The Canadian dollar resumed its ongoing decline on Monday morning. The loonie was at US$0.6935 or US$1=C$1.4420 as of 8:38 a.m. CST, compared to US$0.6961 or US$1=C$1.4365 on Friday. The Canadian ...
The Canadian dollar’s value dipped below 70 cents U.S. this week for the first time since March 2020. Regardless, Canadian shoppers including Donna Mackenzie feel there’s value in making the ...
The loonie bottomed in the spring of 2009, as the stock market completed a -50%, 3-year drubbing, and oil prices hovered near $30 a barrel. Canada’s economy is slumping, along with support for ...
Political uncertainty could bring about opportunities for the Canadian dollar, according to one strategist, who thinks early elections next year could potentially be a tailwind for the loonie. The ...
The turmoil that’s sinking the Brazilian real has exposed a glaring vulnerability at some of the country’s biggest companies. The 21% slump in the currency, which has gained steam this week ...
5:47 Breaking down the Bank of Canada’s last interest rate cut of 2024 The Canadian dollar’s slide continued Wednesday amid expectations for a slower pace of rate cuts from the U.S. Federal ...
For Canadian investors, the weaker Canadian dollar may be contributing to them keeping their investments in the country. Canadians prefer to invest with their local currency and Canadian Bitcoin ...
The majority of Canadians heard about Chrystia Freeland’s surprise resignation from Prime Minister Justin Trudeau’s cabinet, a new poll released Tuesday found. According to the Abacus Data ...
With the loonie already sputtering this year, Chrystia Freeland’s surprise resignation as the finance minister was the last thing the Canadian dollar needed. For the first time since the early ...