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Canadian Dollar news

  
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Canadian dollar posts one-week high on inflation spike before paring gains
The Canadian dollar notched a one-week high against its U.S. counterpart on Friday after data showed a spike in domestic inflation, but some gains were pared ahead of a Bank of Canada interest rate decision next week.
Canadian dollar and business outlook  Grainews
Canadian inflation rises most since 2014 amid surging gas prices  BNN
USD/CAD – Canadian Dollar Steady Ahead of Canadian CPI
CPI is expected to post a modest gain of 0.3%, after two consecutive declines. Traders should keep a close on the CPI release, as an unexpected reading could affect the movement of USD/CAD.
USD/CAD Plunges After Canada's CPI News  FX Daily Report
Great Canadian Dollar Store opening 5th PEI location on Saturday
The Great Canadian Dollar Store will be opening its fifth location on Prince Edward Island this weekend, with an eye to opening another four.
Canadian dollar pares some losses after hitting two-week low
The Canadian dollar hit a two-week low against its U.S. counterpart on Wednesday, pressured by lower oil prices and a drop in domestic retail sales, but pared some losses after Federal Reserve minutes fell short of a hawkish tone.
CANADA FX DEBT-C$ hits two-week low on lower oil, soft data  Reuters
Great Canadian Dollar Store opening Charlottetown location Saturday
Jean MacDonald, left, assistant manager, and Sherry White, manager of the Great Canadian Dollar Store at Spring Park Plaza in Charlottetown, display some of the Ty beanies toys the store will be selling.
USD/CAD – Canadian Dollar Improves, Canadian CPI Looms
USD/CAD has posted gains in the Thursday session. Early in North American trade, the pair is trading at the 1.31 line. On the release front, Canadian Corporate Profits posted a gain of 3.6%. This marked a second straight gain after four straight declines.
Resilient Core Retail Sales to Curb Canadian Dollar Weakness  DailyFX
Canadian dollar weakens on corporate selling as greenback climbs
The Canadian dollar weakened against its U.S. counterpart on Friday, pressured by corporate selling ahead of a long weekend and broader gains for the greenback.
Canadian dollar investors nervously eye US border tax threat  Nasdaq
CANADA FX DEBT-C$ edges only slightly lower as oil falls  Reuters
But what if the Canadian dollar doesn't tumble?
Bipan Rai was playing Devil's advocate when he asked this week what could happen if the Canadian dollar grows stronger.
'Sheer cussedness' of the Canadian dollar confounds analysts
Analysts are somewhat amazed by the “sheer cussedness” of a Canadian dollar now worth more than 76 cents (U.S.). Some don't understand why the loonie isn't sinking as they'd expected, and wonder if markets are “complacent” given the threat to ...
Canadian dollar softens, TSX pulls back  CTV News
Canadian dollar to shed recent gains as US rates climb: poll
The recent upsurge in the Canadian dollar will peter out over the coming months as an expected widening gap between steady interest rates in Canada and rising U.S.