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   Why did the Canadian dollar fall to its lowest level?

   • (DirkKafka/stock.adobe.com) The Canadian dollar fell to its lowest level in almost two years on Friday, as investors around the world surveyed the worsening outlook for the economy and ran toward the safety of the U.S. dollar. The Canadian dollar was changing hands for as little as 75.15 cents US at one point on Friday morning.

   The loonie has fallen to its lowest level in almost two years — here's

   www.cbc.ca/news/business/canadian-dollar-1.6585291

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   Is the Canadian dollar going down?

   • Doug Porter, chief economist at BMO, said in a brief note to clients Tuesday morning that “the Canadian dollar is probing levels it hasn’t seen much in the past 20 years.” He noted that the loonie’s value has dropped 1.5 per cent since the Bank of Canada’s rate cuts began in early June.

   The loonie is faltering. Here’s why the U.S. Fed might provide a lift

   globalnews.ca/news/10652384/canadian-dollar-us-exchange-rate-federal-reserve/

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   How stable is the Canadian dollar?

   • The Canadian dollar has been fairly rangebound between 72 and 76 cents for the past two years, marking a pretty long stretch of relatively stability, said Sondhi.

   Here's what the Bank of Canada's rate drop means for the loonie

   www.ctvnews.ca/business/here-s-what-the-bank-of-canada-s-rate-drop-means-for-the-loonie-1.6976195

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   Why is the Canadian dollar weakening?

   • The weakening Canadian dollar is tied to the U.S. federal reserve continuously hiking its key overnight lending rate to curb inflation. Relentlessly high inflation in the U.S. has the country’s central bank raising rates aggressively, with a three-quarter percentage point hike expected on Sept. 21. This content is exclusive to subscribers.

   The Canadian dollar just fell below75 cents U.S., its lowest level in

   www.thestar.com/business/the-canadian-dollar-just-fell-below75-cents-u-s-its-lowest-level-in-two-years/article_b11c38e7-ab0b-554e-b66f-264d54808129.html

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2. www.cbc.ca › news › businessThe loonie has fallen to its lowest level in almost two years ...

   www.cbc.ca › news › business

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   Sep 16, 2022 · The Canadian dollar fell to its lowest level in almost two years on Friday, as investors around the world surveyed the worsening outlook for the economy and ran toward the safety of the...

3. www.ctvnews.ca › business › here-s-what-the-bank-ofHere's what the Bank of Canada's rate drop means for the loonie

   www.ctvnews.ca › business › here-s-what-the-bank-of

   Jul 24, 2024 · The Bank of Canada lowered its key interest rate for the second time this year to 4.5 per cent. Here's what the decision means for the Canadian dollar.

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5. www.ctvnews.ca › business › canadian-dollar-falls-toCanadian dollar falls to lowest point in almost 2 years | CTV ...

   www.ctvnews.ca › business › canadian-dollar-falls-to

   The value of the loonie fell to its lowest point in nearly two years this week, adding further pressure on Canadians already squeezed by high inflation and the possibility of a global recession.

6. globalnews.ca › news › 10652384The loonie is faltering. Here’s why the U.S. Fed might ...

   globalnews.ca › news › 10652384

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   Jul 30, 2024 · Canada’s dollar is trading at a little over 72 cents compared with the U.S. greenback as of Tuesday. That’s roughly half a cent lower than it stood a week earlier, just ahead of the Bank of ...

7. ici.radio-canada.ca › rci › enCanadian dollar slips to lowest level since 2020 as economic ...

   ici.radio-canada.ca › rci › en

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   Sep 16, 2022 · The Canadian dollar fell to its lowest level in almost two years on Friday, as investors around the world surveyed the worsening outlook for the economy and ran toward the safety of the U.S. dollar.

8. www.thestar.com › business › the-canadian-dollarThe Canadian dollar just fell below75 cents U.S., its lowest ...

   www.thestar.com › business › the-canadian-dollar

   Sep 21, 2022 · The Canadian dollar fell to its lowest level in almost two years Tuesday — closing at 74.82 cents U.S. — as the economy struggles to absorb high inflation and faces a possible global...

9. ca.finance.yahoo.com › news › canadian-dollar-slipsThe loonie has fallen to its lowest level in almost two years ...

   ca.finance.yahoo.com › news › canadian-dollar-slips

   • Cached

   Sep 16, 2022 · The Canadian dollar was changing hands for as little as 75.15 cents US at one point on Friday morning. That's the lowest level for the currency since October 2020. The loonie was off by about...