The Canadian dollar strengthened today on the speculation that the borrowing costs may be increased by the central bank after the employment significantly increased the last month, though the renewed hopes about the favorable outcome of the European debt troubles helped the euro to outperform the Canadian currency.
May 08th, 2010 at 0:06
The Canadian dollar dropped today against its U.S. counterpart to the lowest level in more than a month as the commodities and the global equities were affected by the concern about the European debt crisis.
May 03rd, 2010 at 20:37
The Canadian dollar advanced today as the crude oil prices surged to the highest level since September 2008, U.S. stocks gained and gold climbed to the highest level since November 2009.
May 01st, 2010 at 0:32
The Canadian dollar declined against its U.S. counterpart and other major currencies after the equities dropped on the speculation that the federal prosecutors investigating whether to file the criminal fraud charge against the Goldman Sachs Group Inc.
April 29th, 2010 at 20:00
The Canadian dollar rose against its U.S. counterpart for a second day and gained versus other major currencies today after the crude oil prices and the stocks advanced, signaling about the widening economic recovery and improving the investors’ risk sentiment.
April 28th, 2010 at 20:04
The Canadian dollar advanced today against its U.S. counterpart and some other major currencies after the U.S. stocks rose more than estimated and as the investors demand for the currencies of the nations with the strong economies increased.
April 26th, 2010 at 23:37
The Canadian dollar trades near parity with its U.S. counterpart as the traders await the outcome of the 45 billion euro aid package, provided by the European Union and the International Monetary Fund to Greece.
April 24th, 2010 at 12:12
The Canadian dollar rose against its U.S. counterpart by the end of this week, erasing the previous losses, after Jim Flaherty, the Canada’s Minister of Finance, said about the possible $8 billion capital inflow into Canada after it was designated by China as the country where the China’s financial institutions can make the investments.
The Canadian dollar resumed today the rise against its U.S. counterpart, after it dropped yesterday, on speculation that the central bank will increase the interest rates, signaling about the waning need for stimulus measures.
April 21st, 2010 at 22:47
The Canadian dollar retreated against its U.S. counterpart after reaching its highest level since June 2008 today, but remains near the parity level, supported by the speculation that the Bank of Canada will increase the interest rates faster than the Federal Reserve.