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- The Canadian dollar fell to a 4.5-year low against the US dollar on Wednesday as investors assessed US inflation data and the growing economic disparity between the US and Canada, Reuters reports.
4 hours ago · Some experts say the Canadian dollar will remain weak through at least the end of this year. The loonie was up slightly Monday at 71.18 cents US, but still remains lower than it has been since the ...
4 hours ago · Some experts say the Canadian dollar will remain weak through at least the end of this year. The loonie was up slightly Monday at 71.18 cents US, but still remains lower than it has been since the early days of the COVID-19 pandemic. It is nearly four per cent below where it was trading in September.
Sep 16, 2022 · The Canadian dollar fell to its lowest level in almost two years on Friday, as investors around the world survey the worsening outlook for the economy, and run toward the safety of the U.S....
Jul 30, 2024 · The U.S. Federal Reserve is set to make an interest rate decision on Wednesday, with BMO's chief economist signalling there could be implications for the Canadian dollar.
Apr 12, 2024 · The Canadian dollar weakened to a near five-month low against its broadly stronger U.S. counterpart on Friday as investors seized upon recent economic data to bet the Bank of Canada would...
Oct 29, 2024 · The Canadian dollar is at risk of falling to lows only seen during big economic shocks as forces once again line up against the currency, economists warn. The Bank of Canada cut its interest rate by half a percentage point this month, widening the gap between it and the United States Federal Reserve, which puts pressure on the loonie.
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3 days ago · By Freschia Gonzales. Nov 15, 2024. The Canadian dollar fell to a 4.5-year low against the US dollar on Wednesday as investors assessed US inflation data and the growing economic disparity between the US and Canada, Reuters reports. In October, US consumer prices rose as anticipated, primarily due to higher shelter costs like rent, with recent ...