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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 Jaime Macrae |
April 1, 2013
There has been a divergence from the historically positive correlation between the price of crude oil and the loonie, with WCS rising while the Canadian dollar fell. With the oil picture shifting in Canada’s favor, a significant short covering could be in the offing.
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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 John Detrixhe and Taylor Tepper, Bloomberg |
March 5, 2013
The Canadian dollar weakened against the majority of its 16 most-traded peers amid investor speculation the nation’s central bank may signal easing after its policy meeting tomorrow.
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By Taylor Tepper and John Detrixhe, Bloomberg |
February 19, 2013
The Canadian dollar reached the lowest level since July against its U.S. counterpart as commodities slipped and policy makers in the world’s largest economy seek to avoid $1.2 trillion in automatic budget cuts.
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By Taylor Tepper, Bloomberg |
February 11, 2013
Canada’s dollar slid to the lowest level in two weeks against its U.S. counterpart as risk appetite ebbed and commodities fell.
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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.
