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By Ari Altstedter, Bloomberg |
May 13, 2013
The Canadian dollar advanced versus the majority of it 16 most-traded peers after April retail sales unexpectedly rose in the U.S., Canada’s biggest trading partner.
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By Ari Altstedter, Bloomberg |
April 16, 2013
The Canadian dollar rose against its U.S. counterpart after yesterday’s largest drop in more than a year as gold pared losses following a 14 percent two-day plunge that damped demand for commodity-linked currencies.
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By Ari Altstedter, Bloomberg |
April 12, 2013
The Canadian dollar fell against its U.S. counterpart for the first time this week as U.S retail sales dropped the most in nine months and reports came that steps to strengthen Europe’s financial system were faltering.
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By Ari Altstedter, Bloomberg |
April 5, 2013
The Canadian dollar fell in its biggest loss in nine months against its U.S. peer after the nation unexpectedly lost jobs last month by the most since the last recession four years ago.
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By Ari Altstedter, Bloomberg |
March 26, 2013
The Canadian dollar rose for a fifth day against its U.S. counterpart as oil, the country’s largest export, touched its highest point in a month, prompting investors to reverse near-record bets the currency will fall.
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By Ari Altstedter, Bloomberg |
February 8, 2013
Canada’s dollar weakened below parity with its U.S. counterpart for the first time in five days as employment unexpectedly dropped in January, adding to concern the world’s 11th-largest economy is slowing.
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By Ari Altstedter, Bloomberg |
January 25, 2013
The Canadian dollar fell to the lowest level against its U.S. peer in almost six months after a report showed consumer prices declined more than forecast last month as growth cools in the world’s 11th largest economy.
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By Ari Altstedter, Bloomberg |
January 23, 2013
The Canadian dollar fell to parity against its U.S. counterpart after the Bank of Canada said the need to raise interest rates is less urgent as the economy will take longer to reach full output.
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By Ari Altstedter, Bloomberg |
January 22, 2013
The Canadian dollar traded at almost the lowest level this year against its U.S. counterpart as the Bank of Canada is projected to maintain its benchmark interest rate at 1% in a decision tomorrow.
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By Ari Altstedter, Bloomberg |
January 16, 2013
The Canadian dollar fell against most of its major peers as government officials in Russia and Japan criticized monetary policies that have devalued major currencies in an attempt to spark economic growth.
