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Bank of Canada cutting its rate again by 0.5% - Canadian Economy on the slump

The Bank of Canada just decided to do another rate cut. The overnight lending rate is therefore cut by half to 0.5%. read more »
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Canadian Dollar Down on Job Figures

After a lot of expectation regarding Canadian employment figures that were published today, the loonie fell drastically versus most of 16 main traded[...] read more »
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Canadian Dollar Raise National Bank Concerns

The Canadian dollar, which traded near the highest level since October last year as risk appetite is once again strong in commodities and equities ma[...] read more »
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Canadian Dollar Declines on National Bank Statement

Canada has been one of the fastest economies to recover from the recession that impacted the world last year, but the Bank of Canada is stressing on [...] read more »
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Canadian Dollar Declines on Government Statement

The Canadian dollar declined from the highest level in 2 weeks today as commodities slid on renewed pessimism and a central bank official’s statement[...] read more »
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Canadian Dollar Extend Gains on U.S. Optimism

The Canadian currency climbed even further before the end of this week’s session after optimism was renewed among traders with stocks and commodities[...] read more »
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Canadian Dollar Hits Record High on Global Growth

The Canadian currency traded at the highest level in almost a month after China posted a report indicating a sharpened growth, consequently favoring [...] read more »
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Canadian Dollar Declines Further on Commodities

The Canadian currency, highly linked to commodities and equities markets fluctuations declined today as corrective movements affected stocks globally[...] read more »
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Gold, Oil Force Canadian Dollar Up

The Canadian dollar continued to trade high maintaining yesterday’s gains versus the U.S. dollar as gold reached a record high, raising attractivenes[...] read more »
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Canadian Dollar Drops Sharply on Oil Rates

The Canadian dollar had one of the worse weekly performances in months as a decline in crude oil prices towards the end of this week affected negativ[...] read more »
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Canadian Dollar Near Parity With Greenback

Optimism and risk appetite ignite speculations that the Canadian dollar will soon trade in parity with its U.S. counterpart, as demand for Canadian e[...] read more »
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Crude Oil Reverts Canadian Dollar Falling Trend

After losing for five consecutive days, the Canadian currency rebounded versus its U.S. counterpart as stocks in Toronto climbed and the crude oil re[...] read more »
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Canadian Dollar Rebounds on Oil

After two days of losses versus its U.S. counterpart as risk aversion climbed in trading markets worldwide, the Canadian dollar rebounded as stocks a[...] read more »
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Canadian Dollar Declines Sharply on Oil Faltering Demand

The Canadian dollar started this week losing versus most of the 16 main traded currencies as a negative performance in stocks and commodities influen[...] read more »
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Canadian Dollar Down Another Day on Stocks

This week is being one of the most negative for the Canadian currency in months, as stocks and commodities declined significantly, and considering th[...] read more »
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