Video: How much higher can U.S. stocks go? The loonie, as the dollar coin is known in Canada, has lost more than 4 per cent this year, which puts the currency �exactly in the middle of the pack,� said senior economist Benjamin Reitzes of BMO Nesbitt Burns.

Canadian dollar whipsawed as market mood swings 'from greedy to fearful' Add to ... Michael Babad. The Globe and Mail.

�Ordinarily, we might expect the Canadian dollar to benefit from an accelerating U.S. economy. If the U.S. economy is doing better, what about growth-related currencies in the G10?

The Canadian dollar touched the weakest level in a year against its U.S. counterpart amid investor concern that gains in riskier assets have outpaced global economic growth.

It is an important factor in determining the success of specific Canadian sectors. How important a strong Loonie is to Canada's economy depends on who you ask says Jack Carr, an economist at the University of Toronto.

Iceland is on the verge of a new coalition government made up of two parties, one of which recently toyed with the idea of ditching the tiny country's currency and adopting the Canadian dollar. European Central Bank President Mario Draghi. REUTERS ...

A Canadian dollar, left, and a Euro are seen next to a series of U.S. dollars in this January 26, 2011 photo in Montreal. THE CANADIAN PRESS/Paul Chiasson.

The Canadian dollar is likely to continue to suffer from near-term weakness due to a "combination of negative sentiment, bearish technicals, a broadly stronger U.S.

C$ at C$1.0321 vs US$, or 96.89 U.S. cents * Equity, currency markets volatile on Fed stimulus concerns * Oil prices end week 2 percent lower * Bank of Canada and GDP in focus next week By Solarina Ho TORONTO, May 24 (Reuters) - The Canadian dollar ...

TORONTO - The Canadian dollar closed at 97.17 cents US on Friday, down 0.95 of a cent from Thursday's close. The U.S. dollar ended at 102.91 cents Cdn, up 0.99 of a cent.