Loonie Value

• Loonie forecasts cut as Bank of Canada trails U.S. Fed on peak-rate bets: poll

  The Bank of Canada increased its benchmark interest rate last week by half a percentage point to 3.75 per cent, coming up short on calls for another 75 basis points move.

  Canada

  Nov 2, 2022
  
• Canadian dollar hits highest level since 2018, could climb further: economists

  The loonie traded for 81.34 cents US Thursday, the highest level since February 2018. It's been above 80 cents US since last week.

  Money

  Apr 30, 2021
  
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• Loonie continues slide alongside global stock markets but it is expected to stabilize

  Some market observers see signs the loonie's fortunes will change this year even as the Canadian dollar continued its slide Monday.

  Money

  Feb 12, 2018
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• Canadian dollar soars, briefly touches 2-year high after rate hike

  Economists worry about the potential impact of a strong currency on exports.

  Money

  Sep 6, 2017
• Here’s what Canada’s current unemployment, loonie and trade numbers mean

  Canada has had "very nice steady job growth," according to one market analyst.

  Canada

  Aug 4, 2017
• Toronto stock market hits 19-month high thanks to energy gains

  Canada's main stock index rose to a fresh 19-month high on Tuesday, led by gains in heavyweight energy and banking stocks, while materials stocks weighed.

  Canada

  Dec 13, 2016
• Oil prices jump helping TSX post biggest gains since September

  Canada's benchmark stock index on Tuesday notched its biggest gain since September, led by energy as oil jumped.

  Nov 15, 2016
• Oil prices, loonie rise after Hillary Clinton’s FBI election boost

  The Canadian dollar gained against a broadly stronger U.S. counterpart on Monday as oil prices rose after Hillary Clinton got a boost ahead of the election.

  Canada

  Nov 7, 2016
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• Oil prices fall but Canadian dollar’s decline stemmed by US election uncertainty

  The Canadian dollar weakened slightly against its U.S. counterpart on Wednesday as a sharp drop in oil prices offset broader losses for the greenback amid U.S. election uncertainty.

  Canada

  Nov 2, 2016
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• Oil prices fall as Canadian dollar, TSX also head south

  Iraq's desire to be exempted from an OPEC production cut caused oil prices to dip Monday, pushing the Toronto stock market and the loonie to a lower close.

  Canada

  Oct 24, 2016