News for Canadian Dollar - Google Finance

Loonie overvalued by as much as 10%, warns BMO chief economist

Tue, 21 May 2013 17:05:28 GMT

Loonie overvalued by as much as 10%, warns BMO chief economist
National Post - 8 hours ago

Porter, speaking in an interview Tuesday at Bloomberg's Canada Economic Summit in Toronto, said the Canadian dollar will continue to be supported by safe-haven flows in the next couple of years, keeping it trading near parity with the U.S.

Canadian Dollar Down Slightly, But Recovers From Earlier Lows - Wall Street Journal

Why the Canadian dollar has been crushed this week

Fri, 17 May 2013 13:23:50 GMT

Why the Canadian dollar has been crushed this week
Globe and Mail - May 17, 2013

“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?

Canadian dollar falls to two-month low - Montreal Gazette

Fri, 17 May 2013 15:02:09 GMT

Canadian dollar falls to two-month low - Montreal Gazette
Montreal Gazette - May 17, 2013

The Canadian dollar declined to a two-month low versus its U.S. counterpart after the annual inflation rate fell in April to its slowest in more than three years, bolstering the case for lower interest rates.

Canadian dollar falls as inflation rate hits lowest level since 2009

Fri, 17 May 2013 23:58:50 GMT

Canadian dollar falls as inflation rate hits lowest level since 2009
CTV News - May 17, 2013

The loonie fell more than a penny against the U.S. dollar in early trading as markets read the soft report as making interest rate hikes in Canada less likely and further off into the horizon.

Loonie's volatility brings long-term hope but short-term headaches for exporters - Globe and Mail
Canada Dollar Falls Most in Year as Inflation Slows to 2009 Low - Bloomberg

Canadian dollar to sink to 90 cents by 2014: TD

Thu, 09 May 2013 21:29:43 GMT

Canadian dollar to sink to 90 cents by 2014: TD
Globe and Mail - May 9, 2013

Toronto-Dominion Bank says the loonie, now at near par, will tumble to 90 cents by early next year, before recovering to 93 cents by the end of 2014.

Strong Canadian dollar a question mark for new BoC Governor - globalnews.ca
Canadian dollar in for rough ride in 2013: Report - Ottawa Citizen - Ottawa Citizen

Canadian dollar falls, dragged down by weaker-than-expected inflation figures

Fri, 17 May 2013 17:10:18 GMT

Canadian dollar falls, dragged down by weaker-than-expected inflation figures
News1130 - May 17, 2013

TORONTO - The Canadian dollar headed lower Friday after Statistics Canada reported that consumer prices rose last month at the slowest rate it's seen in more than three years.

Canadian dollar lower amid softening copper prices, European markets

Wed, 15 May 2013 12:54:40 GMT

Canadian dollar lower amid softening copper prices, European markets
Victoria Times Colonist - May 15, 2013

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.

Canada Dollar Falls to 2-Week Low on Bets Growth Can't Meet US - Bloomberg
Canada Dollar Ends Four-Day Skid After US Production Declines - Businessweek

Canadian dollar closed at 97.17 cents US on Friday, down 0.95 of a cent

Fri, 17 May 2013 20:55:29 GMT

Canadian dollar closed at 97.17 cents US on Friday, down 0.95 of a cent
Winnipeg Free Press - May 17, 2013

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.

David Rosenberg says he has the real story on the Canadian dollar

Thu, 25 Apr 2013 17:58:41 GMT

David Rosenberg says he has the real story on the Canadian dollar
Financial Post - Apr 25, 2013

Last week, the Canadian dollar was the most shorted major global currency, next to the yen, as speculators ganged up on the currency.

Canadian Dollar To Consolidate Ahead of GDP Report - DailyFX
Canadian Dollar Rises Most Since January as Commodities Rebound - Bloomberg

Loonie unruffled by massive short positions

Tue, 23 Apr 2013 16:09:03 GMT

Loonie unruffled by massive short positions
Financial Post - Apr 23, 2013

“Speculators have ganged up on the Canadian dollar by shorting the currency like there was no tomorrow,” Mr. Marion said.

Bets against loonie hit all-time high - CBC.ca
Canadian Dollar Gains Versus Most Major Peers as Crude Oil Rises - Businessweek