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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...
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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...
The Canadian dollar “will remain in crash position” because of the possibility that the U.S. and Canadian economies will diverge further, the Bank of Montreal said Wednesday. The prediction comes afte...
The Canadian dollar fell through a psychologically important barrier Wednesday, trading for the first time in five years below 80 cents U.S. The loonie was hovering at 79.8 cents U.S. as of Wednesday...
Remember the days, a decade or more ago, when you feared going to the U.S. because the Canadian peso bought you next to nothing? Well those days could soon be back, according to Goldman Sachs. The inv...
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MONTREAL - Canadian investors who have yet to diversify into the U.S. market still have time, according to investment specialists who predict a further decline in the value of the loonie against the A...
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The loonie will continue its long, slow slide from parity with the U.S. dollar and will fall below 85 cents U.S. in the third quarter of next year, CIBC says in a new forecast. That would mark the low...
The Canadian dollar was higher Thursday morning as the currency continued to stabilize following a series of sharp declines. The loonie was up 0.15 of a cent to 91.52 cents US following a flat perform...
Investors are betting against the Canadian dollar in record numbers, as the number of people holding short positions against the loonie has hit an all-time high. Data from the Commodity Futures Tradin...
A weaker currency makes Canadian products more affordable for U.S. consumers. This factor alone may not be enough to offset demand-driven losses, but it could soften the blow.