Loonie benefits from stronger Japanese stimulus

Posted On: April 04, 2013
The monetary unit of Canada advanced on Thursday against the Japanese yen on foreign exchange markets in the aftermath of aggressive monetary stimulus ordered by the central bank of the Pacific Rim nation, according to Bloomberg. [More]

Category: Industry News

Loonie fluctuates against dollar as stronger production data released

Posted On: March 28, 2013
The monetary unit of Canada hovered against the world's reserve currency on Thursday on foreign exchange markets as the nation's economy developed more quickly than forecast in January, according to Bloomberg. [More]

Category: Industry News

Loonie gains after consumer prices climbed last month

Posted On: March 27, 2013
The monetary unit of Canada pushed ahead against most of its top rivals on Wednesday against foreign exchange markets in the aftermath of economic data indicating consumer prices increased at the most rapid pace in more than two decades last month, according to Bloomberg. [More]

Category: Industry News

Loonie climbs following early losses to dollar

Posted On: February 01, 2013
The monetary unit of Canada climbed against the U.S. dollar after initially losing during the first trading session of February, according to Bloomberg. [More]

Category: Industry News

Loonie falls as oil prices rise

Posted On: January 04, 2012
As the value of raw materials like copper and crude oil dropped, the Canadian loonie fell from its highest level against the U.S. dollar in nearly a month. [More]

Category: Industry News

Loonie's value rises with oil prices

Posted On: January 03, 2012
As signs indicate that the manufacturing industries in China, India and America are beginning to steamroll, the Canadian dollar saw it's strongest level against the U.S. dollar in over three weeks, according to Bloomberg. [More]

Category: Industry News

Canadian dollar drops as crude oil prices slip

Posted On: December 28, 2011
Today, the Canadian dollar fell as stocks dropped after the European Central Bank's decision to grant regional banks more money in order to keep credit flowing. [More]

Category: Industry News

Loonie's even keel buoyed by oil futures

Posted On: December 19, 2011
The value of the Canadian dollar ebbed and flowed on Monday when held against its southerly rival. [More]

Category: Industry News

Loonie closes week with strong performance

Posted On: September 19, 2011
The monetary unit of Canada rose to its top level in two weeks of trading following a report stating foreign investment in securities was more than projected. [More]

Category: Industry News

Bank of Canada set to convene policy meeting

Posted On: September 07, 2011
The Canadian dollar touched its top value this week in advance of officials from the nation's bank convening to conduct a policy meeting. [More]

Category: Industry News