‘Canadian Dollar’ News Archive

USD/CAD Falls on Improving Risk Sentiment, May Decline Further

Wednesday, September 1st, 2010

Canadian DollarThe Canadian dollar rebounded today as the improving risk appetite pushed the stocks and crude oil higher and increased the appeal of the currencies linked to the economic growth.

CAD Extends Decline, Economy Shows No Signs of Improvement

Tuesday, August 31st, 2010

Canadian DollarThe Canadian dollar extended its decline for the second day as the poor macroeconomic data continues to undermine the attractiveness of the currency to the global investors. This month can be the worst for the Canadian currency since June 2009.

Signs of Canadian Economy’s Weakness Push Loonie Down

Tuesday, August 31st, 2010

Canadian DollarThe Canadian dollar fell today as the macroeconomic data slashed the forecasts for Canada’s economic expansion and curbed the demand for the Canadian currency. This month can become the worst month for the loonie since May 2010.

Loonie Falls as Traders No Longer Expect Rate Change

Monday, August 23rd, 2010

Canadian DollarThe Canadian dollar continued its downward fall against the USD today, as the Forex traders expect no interest rate hike from the country’s central bank when it meets next time in two weeks.

Canadian Dollar Falls on Slower Inflation & Rates Outlook

Friday, August 20th, 2010

Canadian DollarThe Canadian dollar tumbled today versus the US currency as the report about the slower pace of the Canadian inflation growth caused the investors to reduce bets on the increase of the interest rates by Canada’s central bank.

Canadian Dollar Falls as Economy Slows

Thursday, August 19th, 2010

Canadian DollarThe Canadian dollar slipped today after the economic reports from both the US and Canada itself intensified the concerns about the slowdown of the global economic growth.

Loonie Rallies After BHP’s Potash Hostile Bid

Thursday, August 19th, 2010

Canadian DollarThe Canadian dollar rose as the North American stocks rallied after the hostile bid for the Potash Corp. by the BHP Billiton Ltd., which increased the appeal of the growth-linked assets.

Canadian Dollar Strengthens on Stocks & Oil Prices

Tuesday, August 17th, 2010

Canadian DollarThe Canadian dollar strengthened today as the gains of the global stocks and the rising oil prices spurred the demand for the currencies related to the economic growth.

Canadian Dollar Fall vs. Greenback to Three-Week Low

Wednesday, August 11th, 2010

Canadian DollarThe Canadian dollar fell versus the greenback today to the lowest level since July 22nd after the Federal Reserve suggested that the US economy would grow with slower pace, reducing the appeal of the growth-linked currencies. The Canadian currency managed to outperform the euro.

Canadian Dollar Fluctuates Before FOMC Meeting, Rises vs. Euro

Tuesday, August 10th, 2010

Canadian DollarThe Canadian dollar fluctuated against the greenback before the FOMC meeting and gained versus the euro after the stocks and crude oil rallied, boosting the currencies related to the growth.


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