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Canada Loonie

TD Bank: Loonie Is Coming Down

CP | Julian Beltrame, The Canadian Press | Posted 05.09.2013 | Canada Business

OTTAWA - The shine is about the come off the Canadian dollar.TD Bank says in a new forecast the loonie, which has been hovering around parity with the...

Loonie Climbs On Strong Overseas News

CP | Linda Nguyen, The Canadian Press | Posted 05.07.2013 | Canada Business

TORONTO - The Canadian dollar lifted Tuesday after Australia announced it was slashing its interest rate by a quarter percentage point.The loonie clim...

Bets Against Canada's Economy Reach A Frenzy

The Huffington Post Canada | Daniel Tencer | Posted 04.29.2013 | Canada Business

Global investors are turning against Canada’s economy, placing some of the largest bets on record that the country’s housing market, financial sec...

Signs Points To A Big Drop In The Loonie

CBC | Posted 04.22.2013 | Canada Business

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...

Loonie, TSX, Commodities Tumble As News Rolls In Of Boston Blasts

Posted 04.15.2013 | Canada Business

UPDATE: The Canadian dollar tumbled more than a cent and the S&/TSX composite index lost more than 300 points on a day when economic data was leaving ...

Loonie Drops Sharply Amid Mass Sell-Off

CP | Malcolm Morrison, The Canadian Press | Posted 04.15.2013 | Canada Business

UPDATE: Resource stocks led the way to a sharply lower session on the Toronto stock market as commodity prices tumbled Monday in the wake of data show...

Loonie Dives On Bad Economic News

CP | Malcolm Morrison, The Canadian Press | Posted 04.05.2013 | Canada Business

TORONTO - The Canadian dollar was lower Friday but well off the worst levels of the session as job creation numbers for Canada and the United States m...

Japan Unleashes World's Mightiest Stimulus Plan

CP | Malcolm Morrison, The Canadian Press | Posted 04.04.2013 | Canada Business

TORONTO - The Toronto stock market closed lower for a third session Thursday as further weak employment data raised worries about slowing U.S. economi...

Loonie's Soaring Days Are Over: RBC

CP | Julian Beltrame, The Canadian Press | Posted 05.19.2013 | Canada Business

OTTAWA - Canada's largest bank is forecasting the economy will do slightly better than most expect in the next two years, and one reason why is that t...

Loonie Takes A Dive

CP | Posted 02.22.2013 | Canada Business

TORONTO — The Canadian dollar was at another seven-month low Friday morning amid data showing lower than expected retail sales and tame inflation fi...

Is the Loonie Really Losing it?

Peter Hall | Posted 04.23.2013 | Canada Business
Peter Hall

Stable is not a word that can be used to describe much in today's economy. A notable exception is the Canadian dollar. The loonie has soared in a reasonably tight range around parity with the U.S. dollar for 3 years now. Although exporters would prefer a lower level, the stability has made activity and cash flows somewhat more predictable. Now, the loonie is losing some loft; what's happening?

Loonie Spooked By Fears Of Currency Conflict

CP | Malcolm Morrison, The Canadian Press | Posted 04.14.2013 | Canada Business

TORONTO - The Canadian dollar closed higher Tuesday amid rising commodities and a warning from the Group of Seven leading industrial nations that vola...

Loonie Falls Below Parity

CP | Malcolm Morrison, The Canadian Press | Posted 03.26.2013 | Canada Business

TORONTO - The Canadian dollar closed below parity with the greenback for the first time in more than two months Thursday in the wake of the Bank of Ca...

Loonie Rises On Good U.S. Outlook

CP | Malcolm Morrison, The Canadian Press | Posted 01.14.2013 | Canada Business

TORONTO - The Canadian dollar extended a string of losses Wednesday as worries increased about whether there can be a quick resolution to the looming ...

Rate Decision Boosts Loonie

CP | Malcolm Morrison, The Canadian Press | Posted 12.23.2012 | Canada Business

TORONTO - The Canadian dollar closed little changed Tuesday as the Bank of Canada said it was keeping its key rate unchanged at one per cent while kee...

Don't Worry: The Loonie Is Up Amid Global Finance Worries

CP | Malcolm Morrison, The Canadian Press | Posted 12.10.2012 | Canada Business

TORONTO - The Canadian dollar closed lower Wednesday with traders generally avoiding riskier assets in the wake of reduced economic growth expectation...

Loonie Soars (Thanks, Ben Bernanke)

CP | Posted 09.13.2012 | Canada Business

TORONTO — The Canadian dollar shot up almost a full US cent to a 13-month high Thursday as the U.S. currency weakened after the U.S. Federal Reserve...

Loonie Soars

CP | Malcolm Morrison, The Canadian Press | Posted 11.10.2012 | Canada Business

TORONTO - The Canadian dollar closed Monday at a one-year high against the U.S. currency, partly because Canada is increasingly viewed as one of the f...

Loonie In For A Turbulent Week

CP | Malcolm Morrison, The Canadian Press | Posted 11.03.2012 | Canada Business

TORONTO - The Canadian dollar could face severe cross-currents this week as traders look to the next rate announcement from the Bank of Canada, as wel...

Loonie Bounces Back To Parity

CP | David Friend, The Canadian Press | Posted 10.03.2012 | Canada Business

TORONTO - The Canadian dollar flirted with parity, but closed below the mark on Friday as commodities moved higher on U.S. jobs data that was better t...

Loonie Jumps On Good News From Europe

CP | Malcolm Morrison, The Canadian Press | Posted 08.11.2012 | Canada Business

TORONTO - The Canadian dollar closed lower Monday as early relief that Spain was getting a bailout for its banking sector faded.The commodity-sensitiv...

Good News On Jobs Could Be Bad News For Mortgage Holders

CP | Malcolm Morrison, The Canadian Press | Posted 07.11.2012 | Canada Business

TORONTO - The Canadian dollar was higher Friday morning following the release of much better than expected job creation data for April.The currency sh...

Loonie Drops Below Parity

Posted 05.09.2012 | Canada Business

TORONTO -- The Canadian dollar was below parity with the U.S. currency Wednesday morning as turmoil in Greece persuaded traders to avoid riskier asset...

Loonie Soars To 7-Month High

CBC | Posted 06.27.2012 | Canada Business

The Canadian dollar climbed above the $1.02 US level for the first time in seven months on Friday as the currency continued to rally foll...

Chinese Slowdown Sends Loonie Tumbling

CP | Sunny Freeman, The Canadian Press | Posted 05.20.2012 | Canada Business

TORONTO - The loonie lost just nearly half a cent against its U.S. counterpart Tuesday as commodity prices fell amid signs of slowing growth in China ...