The Canadian dollar made up some ground on Friday, the first day of a new era in Canadian politics. The loonie ended the day at US$0.6950 or US$1=C$1.4388, compared to US$0.6940 or US$1=C$1.4409 on ...
But first, let’s look at how the Canadian dollar fell so sharply in the first place. The loonie is struggling for several reasons—a depreciated currency is never the result of just one factor.
The loonie closed Friday at US$0.6958 or US$1=C$1.4371, compared to Thursday’s finish of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback stepped back 0.238 of a point at 103.445.
Ahem, the Canadian edition of Time Magazine You might ... Open this photo in gallery: Maybe we should go back to why I’m weak in the first place. I’m a “floating” currency, which means ...
The Canadian Dollar lost 0.72% on Thursday, bolstering USD/CAD to 1.440 for the first time since the beginning of February. Loonie markets are recoiling in the face of renewed threats of a 25% ...
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