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Canadian Dollar news

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Canadian dollar sinks near 80 cents, oil at $45
Financial PostThe Canadian dollar tumbled 3.5% last week to its weakest level in six years after the Bank of Canada surprised markets last week with a quarter-point cut in its key overnight rate to 0.75%.
Canadian dollar declines ahead of Fed interest rate announcement, GDP data  CTV News
Canadian dollar drifts lower, little change seen in TSX  Times Colonist
Former CFLer Milt Stegall feels players' pain as Canadian dollar takes a dive
In 2002, when Milt Stegall was into his prime earning years as a slotback in the Canadian Football League, the Canadian dollar delivered an unexpected pay cut. That was the year the value of the loonie sunk to US$0.62, punishing American players who ...
Speculators score big on plunging loonie
Currency speculators are making out like bandits from the accelerated depreciation of the Canadian dollar. The net short position against the currency rose last week to $2.4-billion, the heftiest since last May, according to the latest report from the ...
Bank of Canada Cuts Rate, 'Loonie' Suffers Unflattering Rout  Daily Commercial News
Was politics behind bank rate cut?  Toronto Star
Low Canadian dollar has both pros and cons in Ottawa area
Depending who you ask, the low Canadian dollar is either good or bad for the Ottawa area. The loonie was valued around 80 cents American on Friday morning, down about 10 cents from where it was a year ago and down seven cents from what was then a ...
Canadian online shoppers opting to shop at home with declining Canadian dollar  Vancouver Sun (blog)
Falling price of Canadian dollar gives tourism a boost
The Canadian dollar hasn't dropped this much since the financial crisis � and ...
�With growth next year unlikely to be strong enough to meaningfully shrink the output gap as a result of lower oil prices, we believe the Bank of Canada is likely to take a dovish stance in January and lower its growth forecast for 2015,� said Charles ...
Canadian dollar advances amid weakening greenback, higher commodity prices  Vancouver Sun
Loonie in for more of a rough ride in 2015: economists  Yahoo Canada Finance - Insight (blog)
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As Canadian dollar hammers Great White North NHL teams, Canucks ...
The spectacular slump of the Canadian dollar is hammering some of the NHL's seven teams north of the border, but the Canucks are in a strong enough position financially that they're weathering the storm.
Canadian dollar falls below 83 cents on weak factory data, upcoming rate decision
TORONTO - The Canadian dollar fell almost a full U.S. cent Tuesday morning to its weakest level since late April 2009 amid a weaker than expected manufacturing report and a day ahead of the Bank of Canada's next announcement on interest rates.
Canadian dollar falls fast and furious: 'The race to the bottom ...  The Globe and Mail (subscription)
Canadian dollar advances ahead of Bank of Canada interest rate announcement  Vancouver Sun
Six reasons the Canadian dollar will suffer this month
Financial markets reeled today as the price of oil sank at one point below the $50 mark. Stocks tumbled around the world, particularly in Toronto, where the market lost 2.4 per cent.
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Canadian dollar down almost a penny to just above 85 cents US
After a break on New Year's Day, the Canadian dollar resumed trading down almost a cent from where it ended 2014, and was trading hands at just over 85 cents US.
As goes the price of oil, so goes the Canadian Dollar  CKNW News Talk 980
Loonie dives a penny amid low oil prices, strengthening US dollar  Edmonton Journal
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Loonie's free fall is bad news for the NHL
On Wednesday, the Canadian dollar plummeted dramatically, initially falling 2.2 cents against the U.S. dollar in less than four hours after the announcement that the Bank of Canada was cutting interest rates.
Limping loonie bodes ill for the Ottawa Senators  Ottawa Citizen