Loonie Exchange Rate

Loonie ‘Undervalued' But ‘Worst Days Are Over': BMO

The Huffington Post Canada | Daniel Tencer | Posted 04.21.2015 | Canada Business

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 say...

Things Are Looking Up For Loonie

CP | The Canadian Press | Posted 06.06.2015 | Canada Business

TORONTO - The Canadian dollar is up and U.S. index futures are negative following disappointing jobs numbers from the United States. The American d...

Should Canadians Be Worried About the Weak Loonie?

Peter Hall | Posted 05.11.2015 | Canada Business
Peter Hall

A weaker Canadian dollar poses a threat to imported inputs to Canada's production machine, and to future Canadian investments abroad. But the soaring U.S. dollar isn't the only currency in play. Movements in other currencies are less dramatic. Perhaps this is an opportunity to scan the globe both for inputs to our production process and for direct investment undertakings in less-traditional markets.

Just How Low Can It Go?

The Huffington Post Canada | Sunny Freeman | Posted 03.06.2015 | Canada Business

Canadians travelling abroad might be in for more bad news.

Lowest Since 2009

CP | Malcolm Morrison, The Canadian Press | Posted 04.01.2015 | Canada Business

TORONTO - The Canadian dollar hit fresh, multi-year lows Friday as November's economic data came in worse than expected.The loonie finished well off e...

Loonie Plunges Through 80 Cents In Biggest 2-Year Drop Ever

The Huffington Post Canada | Daniel Tencer | Posted 01.29.2015 | Canada Business

The Canadian dollar fell through a psychologically important barrier Wednesday, trading for the first time in five years below 80 cents U.S. The lo...

Loonie Plunges By A Cent After BoC's Surprise Rate Cut

CP | Malcolm Morrison, The Canadian Press | Posted 03.23.2015 | Canada Business

TORONTO - The Canadian dollar plunged more than 1 1/2 U.S. cents Wednesday after the Bank of Canada surprised markets with a quarter-point cut to its ...

Loonie Price Rises After GDP Update

CP | Linda Nguyen | Posted 12.24.2014 | Canada Business

TORONTO - The Canadian dollar edged higher Tuesday following the latest GDP figures that signalled that Canada's economy may be doing better than many...

5-YEAR LOW

CBC | Posted 02.10.2015 | Canada Business

The Canadian dollar plunged to 86 cents today in the wake of turmoil in oil and stock markets. The loonie was trading at a 5½-year low of 86.69 ce...

Toronto Stock Exchange, Loonie Plunge Amid Oil Price Collapse

The Huffington Post Canada | Daniel Tencer | Posted 11.29.2014 | Canada Business

Oil prices will shave $15 billion to $20 billion from Canada’s economy annually if they stay at current, lower levels, the Bank of Montreal says. ...

Loonie Drops Like A Rock

CP | Malcolm Morrison, The Canadian Press | Posted 12.03.2014 | Canada Business

TORONTO - The Canadian dollar fell three-quarter of a U.S. cent Friday to close at a fresh six-month low as Canadian trade data for August widely miss...

Loonie Hits 6-Month Low

CP | Malcolm Morrison, The Canadian Press | Posted 11.29.2014 | Canada Business

TORONTO - The Canadian dollar was at its lowest level since March on Monday morning, while the greenback strengthened on speculation about when the U....

Loonie, TSX, Apple Stock In Free Fall

CP | Linda Nguyen, The Canadian Press | Posted 11.25.2014 | Canada Business

TORONTO — North American markets delivered a "dose of reality'' to investors Thursday, as it pulled back sharply, led by declines in metals and fina...

BoC Probably 'Incredibly Uncomfortable' As Loonie Soars

CP/HuffPost Canada | Posted 07.02.2014 | Canada Business

The Canadian dollar reached its highest point in 2014 Wednesday morning, likely dismaying exporters and the Bank of Canada, who had been hoping for a ...

Lowest Loonie In 5 Years

CP | Posted 03.20.2014 | Canada Business

TORONTO - The Canadian dollar continued to fall Thursday as the U.S. currency appreciated after the U.S. Federal Reserve suggested interest rates coul...

Free Fallin'

CP | Malcolm Morrison, The Canadian Press | Posted 05.07.2014 | Canada Business

TORONTO - The Canadian dollar closed sharply lower Friday amid a big miss in expectations for Canadian job creation last month.The loonie fell 0.81 of...

We Haven't Seen A Loonie This Low In Many Years

CP | The Canadian Press | Posted 03.25.2014 | Canada Business

TORONTO - The Canadian dollar pulled back further Thursday amid concerns about weakness in China's economy and recent comments from the Bank of Canad...

4 1/2-Year Low

CP | Posted 01.25.2014 | Canada Business

TORONTO -- The Canadian dollar fell Tuesday, a day before the Bank of Canada was set to make its latest announcement on interest rates. The loonie ...

Worst-Performing Currency

CP/Huffington Post Canada | Posted 01.25.2014 | Canada Business

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...

Will This Free-Fall Ever Stop?

CP | Malcolm Morrison, The Canadian Press | Posted 03.11.2014 | Canada Business

TORONTO - The Canadian dollar closed sharply lower Thursday as traders took in readings showing a slowdown in the housing sector and looked to the rel...

Loonie's Free Fallin'

The Huffington Post Canada | Posted 01.25.2014 | Canada Business

The loonie continued its long slide Wednesday, hitting a fresh four-year low against the U.S. dollar. The Canadian dollar was trading at 92.58 cent...

Global Markets Bailing On Loonie

The Huffington Post Canada | Posted 01.25.2014 | Canada Business

Just weeks after investment bank Goldman Sachs advised clients to bet against the loonie, global currency traders appear to be doing just that. Bet...

Sink The Loonie?

The Huffington Post Canada | Daniel Tencer | Posted 01.23.2014 | Canada Business

Stephen Poloz may be trying to sink the loonie. But it’s not some underhanded plan to damage Canada’s currency that the Bank of Canada governor...

Loonie's Incredible Slide Continues

CP | Malcolm Morrison, The Canadian Press | Posted 02.02.2014 | Canada Business

TORONTO - The Canadian dollar continued to drift downward Tuesday morning to multi-year lows amid mixed commodity prices and a heavy slate of economic...

Commodity Economy Drags Down Loonie

CP | David Friend, The Canadian Press | Posted 10.07.2013 | Canada Business

TORONTO - The Canadian dollar fell nearly half a cent on Wednesday as commodities-influenced currencies moved lower.The loonie dropped 0.44 of a cent ...