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Canadian Dollar News Monitoring

  • Published on Nov 23, 2024

    USD / CAD - Canadian Dollar Retreats Again

    (MENAFN- Baystreet) - Markets suffering from new wave of risk aversion. - Weak Euro area and UK data boost greenback. - US dollar opens with gains across the board. USDCAD: open 1.3988, overnight range,1.3958-1.4021, close 1.3975, WTI $70.16, Gold, $2707. …

    Source: MENAFN - Uncategorized
  • Published on Nov 23, 2024

    USD / CAD - Canadian Dollar Looking For Direction.

    (MENAFN- Baystreet) - US weekly jobless claims ahead. - Focus is on geopolitical tensions and tariffs. - US dollar rises modestly overnight-JPY outperforms. USDCAD: open 1.3969, overnight range,1.3958-1.3979, close 1.3976, WTI $69.95, Gold, $2670.01 The …

    Source: MENAFN - Uncategorized
  • Published on Nov 23, 2024

    USD / CAD - Canadian Dollar Gets A Reprieve

    (MENAFN- Baystreet) - Risk aversion shift halts stock market rally - Canada inflation likely climbed in October. - US dollar sell-off stalls on Putin threats. USDCAD: open 1.4021, overnight range,1.4003-1.4107, close 1.4016, WTI $68.80, Gold, $2634.91 The …

    Source: MENAFN - Uncategorized
  • Published on Nov 23, 2024

    USD / CAD - Canadian Dollar Gives Back Inflation Gains

    (MENAFN- Baystreet) - UK inflation ticks higher and sinks GBPUSD - Treasury yields rise - US dollar rises across the board, overnight. USDCAD: open 1.3990, overnight range,1.3951-1.4000, close 1.3957, WTI $69.5, Gold, $2625.03 The Canadian dollar rallied …

    Source: MENAFN - Uncategorized
  • Published on Nov 22, 2024

    Will the Canadian dollar slip below 70 cents US?

    The Canadian dollar has slipped to its lowest level in five years. Outside of the depths of the COVID pandemic, the loonie is weaker than it's been since 2015. And experts say there's every reason to think it will fall even more. "I wouldn…

    Source: CBC/Radio-Canada - Public Broadcaster
  • Published on Nov 22, 2024

    Here's how Canadians shopping for Black Friday and holiday deals can buy smart and save with weak Canadian dollar

    With Black Friday and holiday shopping deals up for grabs now, many are trying to find the best ways to stretch a dollar. However, the value of the Canadian dollar is now hovering around 71 cents US, compared to the 74 cents it was worth in January. That …

    Source: Toronto.com - Label Pending
  • Published on Nov 21, 2024

    Visualizing the Decline of the Canadian Dollar

    Visualizing the Decline of the Canadian Dollar This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. The Canadian dollar has fallen to its …

    Source: Visual Capitalist - Neutral
  • Published on Nov 20, 2024

    Canadian dollar weakens on rising global risk aversion

    The Canadian dollar CADUSD weakened against its U.S. counterpart on Wednesday, pulling back from an earlier one-week high, as the greenback notched broad-based gains and escalating Russia-Ukraine tensions led to investors turning more risk averse. The …

    Source: The Globe and Mail - Neutral
  • Published on Nov 20, 2024

    Canadian dollar shows weakness

    The Loonie has suffered less than the euro, which has dropped by nearly three per cent since the U.S. election The U.S. greenback has been on a tear since the election, with the nearby U.S. dollar index trading just over 106 points. This represents a three …

    Source: The Western Producer - Neutral
  • Published on Nov 20, 2024

    Canadian dollar weakens, benchmark yield climbs

    The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie was trading 0.2% lower at C$1.3985 to the greenback, or 71.51 U.S. cents, after trading in a range of 1.3951 to 1.3999. Canadian …

    Source: KFGO - North Dakota - Neutral
  • Published on 01:04 GMT

    Floating of naira a risky move – Africhange CEO, Ajala

    Chief Executive of Africhange, a platform that cross-border payments, David Ajala, tells FELIX OLOYEDE about some of the challenges Africans in the diaspora face sending money home Can you tell me more about the story behind Africhange and the problems it …

    Source: Punch - Uncategorized
  • Published on Nov 23, 2024

    A Weekly Recap of All Things Resources to Friday, November 22nd

    ‘That’s a Wrap’ By Rod Blake In preparing these weekly commentaries, I browse many market and research reports as well as watching far too many hours of business television. This generally gives me a balanced view of the equity and commodities markets and …

    Source: Resource World Magazine - Neutral
  • Published on Nov 19, 2024

    Canadian dollar struggles as US tariffs and rate gap weigh on currency

    “We haven’t seen these levels in a long time. I think we have certainly breached a level that is worrisome,” Judge said, pointing to a combination of factors and uncertainties impacting the currency in the months ahead. The US dollar’s surge, driven by …

    Source: Wealth Professional Canada - Label Pending
  • Published on Nov 23, 2024

    Why is inflation heating up at the grocery store again? Blame the loonie

    A weak Canadian dollar is being blamed as a key culprit behind sticky inflation at the grocery store, a trend one expert says he expects to persist heading into the holidays. While overall inflation has moderated in recent months, settling back at the Bank …

    Source: Global News - Neutral
  • Published on Nov 23, 2024

    Why The Fed May Not Cut Rates In December

    (MENAFN- Baystreet) When the federal Reserve cut interest rates again by 25 bps this month, markets were sure that rates would fall again next month. That narrative changed. The U.S. posted strong U.S. economic and inflation data. Last Friday, the Commerce …

    Source: MENAFN - Uncategorized
  • Published on Nov 23, 2024

    Beef Market Update: The choice/select spread, heifer placements, and bred-cow prices

    Markets in the U.S. experienced a bounce this week from the downward trend that they were on due to packers running smaller fed-cattle kills in the last few weeks. That support under the cutout has been supporting the cash markets. The select spread has …

    Source: RealAgriculture - Neutral
  • Published on Nov 23, 2024

    Iran Releases Currency Exchange Rates For November 23

    Currency Rial on November 23 Rial on November 21 1 US dollar USD 458,192 454,846 1 British pound GBP 573,440 577,899 1 Swiss franc CHF 512,125 513,649 1 Swedish króna SEK 41,388 41,200 1 Norwegian krone NOK 41,255 41,106 1 Danish krone DKK 63,882 64,153 1 …

    Source: MENAFN - Uncategorized
  • Published on Nov 22, 2024

    U.S. stock markets end at week's highs, Dow Jones up 426 points

    NEW YORK, New York - U.S. stocks made solid gains on Friday with all indice sperforming strongly and ending at week highs. "Investors are rotating out of the previous high flyers of large-cap communication services and technology and into other …

    Source: Big News Network - Label Pending
  • Published on Nov 22, 2024

    Business Brief: We’re going on a tax break

    Good morning. Prime Minister Justin Trudeau is hitting pause on the federal sales tax for two months and sending out $250 cheques to about 15 million Canadians. (By mail! You have to admire the optimism.) More on that below, including a look at the perils …

    Source: The Globe and Mail - Neutral

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