Posthaste: 'Vulnerable' Canadian dollar hit harder than Mexican peso as tariff war rolls on
In a basket of 16 major currencies, including the Japanese yen, the euro and the pound, the loonie is wallowing in ...
Advisor.ca1 天
Depreciating loonie drives Q4 increase in Canada’s net foreign assets
Canada’s net foreign asset position increased in the fourth quarter of 2024 as the loonie lost value relative to the U.S. dollar, Statistics Canada said on Thursday. The country’s net foreign asset ...
Canadians shun car trips to the U.S. on tariff anger, weak loonie
U.S. President Donald Trump’s attacks on Canada via tariffs and potential policies have riled Canadians, with several polls ...
Get ready for an economic shock of historic proportions and a loonie below 63 US cents
What is forgotten here is that the U.S. derives tremendous benefits from its capital account surplus position when it comes ...
Loonie could reach 67 cents if tariffs remain: strategist
Shaun Osborne, managing director and chief FX strategist at Scotiabank, shares his analysis on the loonie if Canada and the U ...
Wealth Professional10 天
Canada's loonie sinks as Trump shuts down hopes of a tariff reprieve
According to BNN Bloomberg, the loonie dropped 0.5 percent to 1.4535 per US dollar, or 68.80 US cents, reaching its lowest ...
Canada’s Dollar Rises in Volatile, Trade-War Fueled Session
Canada’s dollar rose in a volatile session that saw trade war risks surge and then recede ahead of Wednesday’s Bank of Canada ...
The Canadian dollar is in its flop era. An illustrated look at why the loonie fell
If President Trump slaps tariffs on Canadian goods, the loonie could tumble further, perhaps to the low-to-mid-60s last seen ...
Trump’s ‘confusing’ tariff rhetoric keeps loonie traders guessing
The Canadian dollar rallied Wednesday morning after U.S. Commerce Secretary Howard Lutnick hinted that tariff relief could be ...
BofA: Trade tensions will overshadow election effects on the Loonie
The CAD/USD is expected to face limited fluctuations due to Mark Carney’s rise to Prime Minister and the possibility of an upcoming election, with U.S.-Canada trade disputes and wider USD/CAD trends ...
How Canadians can save on exchange rates as loonie hovers near 22-year lows
Canadians wondering how best to pay for items in U.S. dollars amid spring break season have several options, with savings on currency conversion all the more critical as the loonie hovers near 22-year ...