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2015-06-25Business News Network -Canadians Selling US Real Estate
The strong American Dollar and part rebound in US home prices appears to have taken a bite out of the Canadian desire to own... Read More -
2015-05-18Financial Post - Canadian snowbirds migrating back in increasing numbers — with cash from U.S. home sales
Canadian snowbirds have been cashing out of their property in the United States in increasing numbers, according to new data from one of North America’s leading currency exchange groups. David Nicholls, head of partnerships for the North Americ... Read More -
2015-04-03Financial Post - Bank of Canada says low rates will ‘mitigate’ shock of battered oil prices
OTTAWA — If Stephen Poloz got his messaging right, the Bank of Canada is putting further interest rate cuts solidly on the sidelines. The central bank governor on Wednesday sent his strongest signal yet that the economy needs more breathing spa... Read More -
2015-04-02Barrons - Canadian Dollar Higher After Better Domestic Trade Data
TORONTO--The Canadian dollar advanced for the second consecutive day Thursday after encouraging domestic trade data pulled investors away from the safety of the U.S. dollar. The U.S. dollar was most recently at C$1.2565, from C$1.2621 late Wednesday,... Read More -
2014-12-16International Business Times - Russian Ruble Crisis Ignites Fear: Which Country Is Next?
As Russia took a major step to defuse a currency crisis Tuesday, experts said the country’s oil-dependent economy faces three key problems: Falling oil prices, trade sanctions and a continuing flight of investment capital. In a surprise announ... Read More -
2014-12-11Barchart - Hudson's Bay Financial Services announces expanded portfolio with mortgage brokering and money transfer service offerings
TORONTO , Dec. 11, 2014 /CNW/ - Hudson's Bay Company is pleased to announce an expanded portfolio of financial service offerings which now includes mortgage brokering and money transfer services, adding to the suite of existing products offered t... Read More -
2014-11-26Business Recorder- CANADA FX DEBT-C$ shrugs off crude's pre-OPEC fall and strengthens
The Canadian dollar strengthened against the greenback on Wednesday despite lower oil prices and uncertainty ahead of looming events such as Thursday's OPEC meeting and Friday's release of Canadian gross domestic product figures. The currency... Read More -
2014-11-24Financial Post - Canada’s inflation rate bounces up to 4-month high
Canada’s annual rate of inflation may have touched a four-month high in October, but don’t expect policymakers to hit the panic button. Things could change again in the coming months. After all, overall price increases slowed in the previ... Read More -
2014-10-31Reuters - Canadian dollar slides on soft Canadian GDP, U.S. dollar flows
The Canadian dollar dropped to its weakest level in more than a week against its U.S. counterpart on Friday after data showed the country's economy unexpectedly shrank in August for the first time in eight months. The currency's weaker tone w... Read More -
2014-10-29Reuters - CANADA FX DEBT-Canadian dollar weakens after FOMC, eyes now on Bank of Canada
The Canadian dollar weakened against the greenback on Wednesday after an upbeat statement by the U.S. Federal Reserve drove the U.S. dollar higher, but traders awaited Bank of Canada testimony that could strengthen the Canadian currency. The Fed, as ... Read More -
2014-10-10BNN - Bank of Canada dropping rate guidance
From: The Business News Network Read More -
2014-10-10Financial Post - Jobless rate falls to 6.8%: Could steady job growth be Canada’s new reality?
If we stand back a bit and look at the big picture, North America seems to be in pretty good shape — certainly when compared to many other economies in the world. There’s no question that Canada is counting on the support of the United St... Read More -
2014-09-30Reuters - CANADA FX DEBT-C$ hits C$1.12 on disappointing economic data
The Canadian dollar weakened to a more than six-month low against the greenback on Tuesday, piercing resistance at C$1.12 after data showed growth in Canada's economy stalled in July. The loonie is down nearly 3 percent for the month, putting it ... Read More -
2014-09-16Financial Post - Manipulating the loonie would create economic ‘havoc,’....
The governor of the Bank of Canada is sending a strong message to the markets: You do your job and we will do ours. Stephen Poloz has been dogged by the perception that he has been attempting to “talk down the dollar” — essentially ... Read More -
2014-09-15Business Recorder - Canadian dollar hits more than five-month low
The Canadian dollar sold off against the greenback for a second straight session on Friday, touching a more than five-month low as a break through technical resistance barriers lent downward momentum to the currency. The loonie was down nearly 2 perc... Read More -
2014-09-11ForexMinute - Pound Rebounds after Scotland’s Independence Bid Loses Support
The pound rebounded from a 10-month low after an opinion poll indicated Scotland’s push for separation from the U.K. is losing momentum. The currency rose 0.6 percent to trade at $1.6204 as of 3:52 p.m., New York time. It had earlier declined t... Read More -
2014-09-11Market Pulse - GBP/USD Rallies to 1.62 on Fading Scotland Support
The pound jumped from the lowest level against the dollar in 10 months after an opinion poll showed fading support for Scotland’s bid for independence from the U.K. The dollar reached the strongest against the yen since 2008 and rose versus the... Read More -
2014-09-10Bloomberg - Pound Climbs on Signal Scots May Vote to Stay in U.K.
The pound jumped from the lowest level against the dollar in 10 months after an opinion poll showed fading support for Scotland’s bid for independence from the U.K. The dollar reached the strongest against the yen since 2008 and rose versus the... Read More -
2014-09-09Barrons - Canadian Dollar at Near 5-Month Low on Fed Rate Expectations
OTTAWA--The Canadian dollar is trading at a near five-month low early Tuesday, driven down by broad strength in the greenback amid expectations that the U.S. Federal Reserve would sound less dovish in next week's policy statement and rate hikes a... Read More -
2014-08-29Financial Post -Canada ‘in the sweet spot’ as exports, consumer spending boost economy to fastest growth in almost three years
OTTAWA — The strong second-quarter performance of the Canadian economy provides a welcome reality check after a chilly start to 2014. Consumers still underpinning growth: Check. Exports and business investment picking up: Check. U.S. expansion ... Read More -
2014-08-22Reuters-CANADA FX DEBT-C$ flat as inflation offsets retail sales data
TORONTO, Aug 22 (Reuters) - The Canadian dollar was flat against the greenback on Friday as a surprisingly strong domestic retail sales report was tempered by data showing a softer-than-expected annual inflation rate. The market saw little reaction ... Read More -
2014-06-13BIC-For The Canadian Dollar, Not All Spikes In Oil Are Created Equal
The situation in Iraq, where an al Qaeda-inspired group known as ISIS has taken control of sections of the northern part of the country, has left investors around the world on edge. These geopolitical tensions have led to a bid for gold and oil, push... Read More -
2014-01-28Wall Street Journal - Canadian Dollar Extends Losses, Hits Lowest Level Since July 2009
From the Wall Street Journal TORONTO--The Canadian dollar has resumed its decline Tuesday, hitting its lowest point since the summer of 2009, as worries about the health of emerging-market economies put selling pressure on the beleaguered currency. T... Read More -
2013-07-05WSJ - Canadian Dollar Sinks as U.S. Jobs Data Strengthen Greenback
Read Article: Wall Street Journal Read More -
2013-07-04Globe and Mail - Loonie closes with little change as market awaits jobs data
The loonie closed nearly unchanged on Thursday as a clearer path was laid out for political developments in Egypt and traders turned to the coming jobs reports.The Canadian dollar was down 0.1 of a cent to 95.05 cents (U.S.). U.S. markets were closed... Read More -
2013-02-14Canadian Dollar Up Slightly, With Bigger Flows Against Euro, Yen
By Don Curren TORONTO--The Canadian dollar ended slightly higher Thursday, supported by some buying against the euro and the yen amid overall light trading flows. The U.S. dollar was at C$1.004 late Thursday, from C$1.0017 late Wednesday, according t... Read More -
2013-02-07Canadian Currency Weakens as Risk Appetite Shrinks
Canada’s dollar fell from the strongest in two weeks against its U.S. counterpart as investor risk appetite shrank after the European Central Bank signaled concern the euro’s strength may hurt its 17-nation region. The currency almost rea... Read More -
2013-01-15Canadian Dollar Falls Against Yen on Japan Stimulus View
The Canadian dollar weakened the most in six months against the yen on speculation the central bank may limit policies to devalue the currency after Japan’s economy minister said the country faces economic risks. The currency fell earlier toda... Read More
