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Canadian Dollar news

  
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TSX rises, Canadian dollar falls as U.S. markets shut for holiday
TORONTO - The Toronto stock market closed higher in light trading Friday ahead of a weekend debt referendum in Greece, while the loonie slid lower amid fears about a recession in Canada. The S&P/TSX composite index closed up 44.40 points at ...
Canadian dollar drops below 80 cents US  Toronto Star
Canadian dollar to weaken on outlooks for dim growth, higher US rates: poll  Reuters Canada
Canada in recession, heading to sub-77� dollar: analyst
Emanuella Enenajor of Bank of America Merrill Lynch says the Canadian economy appears to have shrunk by 0.6 per cent in the second quarter after a drop of the same amount in the first, “suggesting a recession.
Canada is already in a recession, says Bank of America, and the loonie is ...  Financial Post
'We're not in a recession,' finance minister says  CTV News
Canadian dollar falls more than half a cent on weak GDP reading
The Canadian dollar fell Tuesday, losing 0.63 of a cent against the US dollar, amid disappointing economic news as Canada's GDP contracted 0.1% in May against expectations of a rebound.
Canadian Dollar Drops After Economy Contracts in April on Energy  Bloomberg
Canadian Dollar Falls As Oil Prices Drop  London South East
Canadian dollar gets a bit of a bump from Fed statement. For now
... of hikes later this year,” he added. “Instead, the Fed has reaffirmed that the rate hike decision is still 'data dependent.
TSX manages modest advance; US markets soar  CTV News
Canadian Dollar Falls as Shrinking Economy Renews Rate-Cut Odds
The Canadian dollar fell to its lowest in three weeks after a surprise economic contraction in April put a second rate cut back on the table.
O' Canada, US Dollar Going Up Up and Away!  Forex Crunch
Economists had expected the country's real gross domestic product to ...  CTV News
Canadian dollar still 'richer than it may look,' and that hurts
“In an effort to keep the Canadian dollar trading well beneath parity, while at the same time counteracting the implied effects on monetary policy that the currency has provided, expect the BoC to be much more patient than the Fed, with short-end rate ...
Why Canada's economy is 'one number removed from the unthinkable'  Financial Post
Canadian dollar on the rise as US greenback weakens
The Canadian dollar has been on tear the last three days, rising from just below 80 cents US on Friday to a peak of 81.94 cents US today, largely on the weakness of the U.S.
Investors turn south as Canadian high-yield bond market shrinks  The Globe and Mail
How Canada's junk bond market is 'at risk of dying' in wake of ...  Financial Post
Canadian dollar falls to 3-week low on disappointing GDP data
The Canadian dollar fell to a three-week low against the US dollar on 30 June as data from Canada showed the economy contracted for the fifth straight month.
USD/CAD: Trading the Canadian GDP  Forex Crunch
Lower Canadian dollar leads to fewer people buying U.S. property
A report released Wednesday by the National Association of Realtors said the total dollar volume of U.S. homes bought by Canadians between April 2014 and March 2015, fell to $11.2 billion from $13.8 billion the previous year. The value of the Canadian ...
Canadian dollar is headed south, warns David Rosenberg
The downside is starting to outweigh the upside again for the Canadian dollar, says Gluskin-Sheff's chief economist David Rosenberg, who predicts the currency will retest lows of 78 US cents.