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3 hours ago · The Canadian Dollar found a little bit of juice to gain ground against the Greenback on Thursday, gaining around 0.35%, but any CAD strength is purely a result of USD selling and hasn’t bled ...
The Canadian dollar's value against the U.S. dollar rose sharply in 2007 because of the continued strength of the Canadian economy and the U.S. currency's weakness on world markets. During trading on September 20, 2007, it met the U.S. dollar at parity for the first time since November 25, 1976.
6 days ago · Canadian dollar falls 0.1% against the greenback; For the week, the loonie weakens 0.2%; Wholesale trade rises 0.4% in July; 2-year yield hits a 2-year low at 2.950%
1 day ago · C$ hits 12-day high as Fed opts for supersized rate cut. TORONTO (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday as the Federal Reserve cut interest rates by half a percentage point, but the move was limited as investors raised bets the Bank of Canada would step up the pace of its easing.
Jun 3, 2024 · The Bank of Canada and United States Federal Reserve are likely to part ways soon — whether it is this week or next month — and that could mean trouble for the Canadian dollar. While Canada’s central bank is close to cutting its interest rate , the Fed is not, and the ensuing gap between policy rates could have “knock-on effects ...
3 hours ago · The leadership shakeup was announced Thursday, and also includes several other executive changes. It comes as the bank works to resolve investigations into deficiencies in its anti-money ...
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Sep 16, 2022 · The Canadian dollar was changing hands for as little as 75.15 cents US at one point on Friday morning. That's the lowest level for the currency since October 2020. The loonie was off by about...
