TORONTO -- The Canadian dollar surged Thursday as a heavy selloff of the U.S. dollar lifted a variety of currencies. The loonie closed up 0.81 of a cent to 97.47 cents US after earlier surging as high as 98.06 cents US.
The Canadian dollar shed early advances late morning Monday as traders look for clarity on whether the U.S. Federal Reserve thinks economic conditions are favourable enough to start easing up on some stimulus.
TORONTO - The Canadian dollar was lower Monday amid generally quiet trading as U.S. markets were closed for the Memorial Day holiday and traders looked ahead to the Bank of Canada's next announcement on interest rates.
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.
TORONTO - The Canadian dollar was higher Friday amid a strong jobs report for May. The loonie was up 0.63 of a cent to 98.1 cents US as Statistics Canada reported that the economy created 95,000 jobs in May, most of them full-time positions.