It is almost hard to believe that a little more than 1 year ago, one Canadian dollar was worth more than one US dollar. The USD/CAD exchange fell to a record low of 90 cents in November 2007, prompting the Canadian edition of Time Magazine to name the Loonie the Newsmaker of the Year.
However since [...]
The Canadian dollar sank to its lowest levels in over a week Monday, succumbing to technical pressure and also a reduced appetite for riskier assets as reflected in weakness in equity and commodity prices.
The U.S. dollar was trading at C$1.0879 at 3:42 p.m. EDT (1942 GMT), from C$1.0816 at 8:00 a.m. EDT (1200 GMT) and [...]
The Major Currencies Traded In The Forex Spot Market:
The U.S. Dollar
The United States dollar is the world’s main currency. All currencies are generally quoted in U.S. dollar terms. Under conditions of international economic and political unrest, the U.S. dollar is the main safe-haven currency which was proven particularly well during the Southeast Asian crisis of [...]
The Canadian dollar ended little-changed after another day of meandering range trade Friday, as weak Canadian retail sales data and slippage in world oil prices thwarted earlier probes higher by the currency.
The U.S. dollar was trading at C$1.1339 at 3:49 p.m. EDT (1949 GMT), from C$1.1264 at 8:00 a.m. EDT (1200 GMT) and C$1.1337 late [...]
The Canadian dollar reversed from earlier weakness to end moderately higher Wednesday, supported by a rebound for U.S. equities and commodity prices and associated pressures on the U.S. dollar globally. The U.S. dollar was trading at C$1.1301 at 3:45 p.m. EDT (1945 GMT), from C$1.1389 at 8:00 a.m. EDT (1200 GMT) and C$1.1342 late Tuesday.
The [...]
The Canadian dollar ended slightly lower after retreating from earlier gains Tuesday, reacting to a dip in oil prices and a global recovery from initial weakness for the U.S. dollar. The U.S. dollar was trading at C$1.1342 at 3:40 p.m. EDT (1940 GMT), from C$1.1230 at 8:00 a.m. EDT (1200 GMT) and C$1.1331 late Monday.
The [...]
The Canadian dollar is ending sharply lower Monday after being buffeted by broadly based U.S. dollar strength and a marked retreat in equities and commodities. The U.S. dollar was trading at C$1.1331 at 3:32 p.m. EDT (1932 GMT), from C$1.1337 at 8:00 a.m. EDT (1200 GMT) and C$1.1194 late Friday.The U.S. dollar reached a daily [...]
The Canadian dollar ended higher Thursday as it took in stride another expression of concern about its strength from the Bank of Canada and reacted instead to strength in risk appetite and the corresponding decline in the U.S. dollar. The U.S. dollar was trading at C$1.0982 at 3:30 p.m. EDT (1930 GMT), from C$1.1032 at [...]
The Canadian dollar ended modestly higher Monday as the U.S. dollar proved unable to extend the rebound against the currency it initiated last week.The U.S. dollar was trading at C$1.1140 at 3:34 p.m. EDT (1934 GMT), from C$1.1215 at 8:00 a.m. EDT (1200 GMT) and C$1.1182 late Friday.
It touched a high at C$1.1289 in European [...]
The Canadian dollar pared early losses to rise against the U.S. currency on Friday after U.S. data showed employers cut far fewer jobs than forecast in May.
The Canadian dollar <CAD=> <CAD=D3> rallied as high as C$1.0963 to the U.S. dollar, or 91.22 U.S. cents, after the U.S. jobs report, up from C$1.0968 to the U.S. [...]
