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The Canadian dollar weakened to a 4-1/2-year low against its U.S. counterpart on Thursday as the greenback notched broad-based gains and a recent widening in the gap between U.S. and Canadian bond ...
The loonie was trading 0.3% higher at 1.4350 to the U.S. dollar, or 69.69 U.S. cents, extending its recovery from the weakest intraday level in nearly five years at 1.4467 on Thursday.
The loonie was trading 0.2% lower at 1.4425 to the U.S. dollar, or 69.32 U.S. cents, after moving in a range of 1.4376 to 1.4442. "It's not Canada's fault," said Marc Chandler, chief market ...
The Canadian dollar edged higher against its U.S. counterpart on Friday but was still headed for a weekly and monthly decline as domestic gross domestic product data bolstered bets for an outsized ...
The median forecast in a Reuters poll was for the Canadian dollar to strengthen 1% to 1.26 per U.S. dollar, or 79.37 U.S. cents in three months, compared to 1.25 in last month's forecast.
A comprehensive survey released in December 2024, conducted by Abacus Data in conjunction with the Canadian Real Estate Association (CREA) and the Canadian Alliance to End Homelessness (CAEH), documented the widespread impacts of Canada's housing crisis on citizens' financial stability and mental health.
The Canadian dollar is expected to recoup only a small fraction of its recent losses over the coming year as the threat of U.S. trade tariffs hampers the outlook for Canada's export-dependent ...
USD/CAD failed to settle above the major resistance level at 1.3420 and pulled back towards the support at 1.3330.