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Tag: canadian dollar

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Traders Turn to Canada’s Dollar as Iran War Jolts Market

Buzz line2 weeks ago05 mins

The Canadian dollar has become a top pick in the $9.5-trillion-a-day foreign exchange market due to its link to oil prices as the war in the Middle East grinds on. As most major currencies fell versus the US dollar this week in the wake of conflict between the US and Iran, the loonie has weathered…

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  • Market

Canadian dollar hits 11-day high as investors shake off GDP data

Buzz line3 weeks ago04 mins

Canadian dollar gains 0.4% against the greenback Touches an 11-day high at 1.3626 Canada’s fourth-quarter GDP decreases 0.6% on annualized basis Ten-year yield approaches three-month low TORONTO, Feb 27 (Reuters) – The Canadian dollar clawed back most of its monthly losses against the US dollar on Friday as broad-based declines for the greenback offset domestic…

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  • Market

Canadian dollar gains in limited move ahead of jobs data

Buzz line2 months ago03 mins

Canadian dollar gains 0.3% against the greenback Trades in a range of 1.3637 to 1.3685 Price of oil increases 1.5% 10-year yield touches a four-week high at 3.465% TORONTO, Feb 3 (Reuters) – The Canadian dollar strengthened against its US counterpart on Tuesday as oil prices rose and the greenback posted broad-based declines, but the…

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  • Market

Canadian dollar posts biggest weekly gain since May as greenback slides

Buzz line2 months ago04 mins

Canadian dollar gains 0.5% against the greenback Touches its strongest since January 2 at 1.3705 Retail sales rise 1.3% in November Bond yields increase across the curve TORONTO, – The Canadian dollar extended its weekly gain against the US dollar on Friday as the greenback posted broad-based declines and domestic data showed that retail sales…

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  • Market

Canadian dollar hits two-week high as investors weigh US policy uncertainty

Buzz line2 months ago03 mins

Canadian dollar gains 0.4% against the greenback Touches its strongest since January 6 at 1.37835 Bond yields edge lower across flatter curve TORONTO, Jan 22 (Reuters) – The Canadian dollar strengthened to a two-week high against its US counterpart on Thursday as investors weighed the prospect of continued US policy uncertainty and bet that fiscal…

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  • Market

Canadian dollar extends weekly decline as factory downturn lengthens

Buzz line3 months ago03 mins

Canadian dollar falls 0.1% against the greenback Currency heads for 0.5% weekly decline Factory PMI remains below 50 no-change mark 10-year yield rises 3.7 basis points to 3.472% TORONTO, Jan 2 (Reuters) – The Canadian dollar added to its weekly decline against the US dollar on Friday as domestic data showed that the manufacturing sector…

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