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Traders are loving the U.S. dollar right now.
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And that could be a good thing.
Years of a sliding Canadian dollar appear to have come to an end.
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But it could be good news for mortgage borrowers.
The loonie at 80 cents U.S.? That was never going to last.
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"Where's the growth going to come from?"
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Iran and Saudi Arabia essentially walked away from the table.
There’s a “bear market” for the loonie, but a “polar bear market” for the toonie.
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The conditions that created a low loonie are still in place.
If it sticks to its historical range, the loonie mostly has an upside at this point.
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There are reasons to love our low loonie.
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A Canadian dollar that's worth little more than half a U.S. dollar was unthinkable just months ago.
If you’re planning a major purchase in the U.S. or a vacation abroad, you may want to buy now rather than later. Scotiabank predicts the Canadian dollar will continue to fall for another year. Canada...
Same-day trips to the U.S. from Canada have plunged 28 per cent in the past two years, a sign that the loonie is undervalued, the Bank of Montreal says. “Though aggravated by the lousy weather, nearly...