Yahoo Canada Web Search

Search results

1. • • 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 begin cutting interest rates before the Federal Reserve.
     www.reuters.com/markets/currencies/canadian-dollar-posts-biggest-weekly-decline-11-months-2024-04-12/

     Canadian dollar posts biggest weekly decline in 11 months

2. People also ask

   Why did the Canadian dollar weaken against the US?

   • The Canadian dollar weakened against its U.S. counterpart on Tuesday as interest rate differentials continued to count against holding the currency and ahead of a key domestic employment report this week. The loonie was trading 0.5% lower at 1.3735 per U.S. dollar, or 72.81 U.S. cents, after trading in a range of 1.3661 to 1.3741.

   Canadian dollar weakens as rate outlook reduces currency’s appeal

   www.theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-weakens-as-rate-outlook-reduces-currencys-appeal/

   See all results for this question

   Why did the Canadian dollar fall a two-month low?

   • REUTERS/Mark Blinch/File Photo Purchase Licensing Rights TORONTO, Aug 4 (Reuters) - The Canadian dollar weakened to a near two-month low against its U.S. counterpart on Friday, as signs of cooling in the domestic jobs market led to reduced bets for additional interest rate hikes by the Bank of Canada.

   Canadian dollar hits 2-month low after surprise jobs loss

   www.reuters.com/markets/currencies/canadian-dollar-hits-2-month-low-after-surprise-jobs-loss-2023-08-04/

   See all results for this question

   Will the bank of Canada's rate policy affect the Canadian dollar?

   • The Bank of Canada has reduced rates twice now while the U.S. Fed has yet to lower rates. Divergence between the two central banks' rate policy could put pressure on the Canadian dollar.

   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

   See all results for this question

   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/

   See all results for this question

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

   globalnews.ca › news › 10652384

   • Cached

   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.

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

   www.cbc.ca › news › business

   • Cached

   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....

5. Videos

   • 

     investopedia.com

     What Do the Terms "Weak Dollar" and "Strong Dollar" Mean?

     Dec 31, 2008

   • 

     investopedia.com

     How & Why Oil Impacts The Canadian Dollar

     Feb 13, 2015

   • 

     investopedia.com

     Strong Dollar: Advantages and Disadvantages

     Dec 31, 2008

   View all

6. www.reuters.com › markets › currenciesCanadian dollar posts biggest weekly decline in 11 months

   www.reuters.com › markets › currencies

   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...

7. 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 · How much risk is there to the Canadian dollar? The Bank of Canada has reduced rates twice now while the U.S. Fed has yet to lower rates. Divergence between the two central banks' rate...

8. www.reuters.com › markets › currenciesCanadian dollar hits 2-month low after surprise jobs loss

   www.reuters.com › markets › currencies

   Aug 4, 2023 · The Canadian dollar weakened to a near two-month low against its U.S. counterpart on Friday, as signs of cooling in the domestic jobs market led to reduced bets for additional interest rate...

9. www.theglobeandmail.com › investing › marketsCanadian dollar weakens as rate outlook reduces currency’s ...

   www.theglobeandmail.com › investing › markets

   • Cached

   May 7, 2024 · CADUSD -0.09% weakened against its U.S. counterpart on Tuesday as interest rate differentials continued to count against holding the currency and ahead of a key domestic employment report...

10. 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...