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Canadian dollar rebounds after sharp drop
- Posted by BigPapi
on Tue 01/26/2010 11:54 AM
The Canadian dollar rebounded after trading down almost a full cent earlier Tuesday as the U.S. dollar climbed against most currencies amid signs China is taking further steps to cool its overheating economy. At midday, the Canadian...
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Canadian dollar hits parity vs. U.S. dollar
- Posted by nelson
on Tue 04/06/2010 6:04 AM
T he Canadian dollar rose to one-for-one footing with the U.S. currency on Tuesday, hitting its strongest level since July 2008, boosted by rising commodity prices and expectations for higher domestic interest rates. At 7:38 a.m. (1138...
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Canadian Dollar Retreats From U.S. Parity
- Posted by GreenPaper
on Thu 10/14/2010 12:23 PM
The Canadian dollar retreated Thursday morning after rising above parity with the U.S dollar for the first time in overnight trading, pressured by a retreat in crude oil futures and stocks. The currency has settled back below parity with...
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Canadian dollar retreats slightly
- Posted by steve2k9
on Thu 08/18/2011 11:35 AM
The Canadian dollar (CAD/USD-I1.01-0.01-1.07%) slid against the U.S. dollar Tuesday as commodity prices also slumped amid some worrisome economic growth figures from North America and abroad. The loonie lost 0.23 of a cent to 101.82...
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Canadian dollar rises again
- Posted by GreenPaper
on Wed 04/21/2010 8:36 AM
The Canadian dollar continued to surge, a day after the Bank of Canada announced it was ending its commitment to keep interest rates from rising. It was trading up .23 cents to 100.35 cents US at mid-morning Wednesday, a day after closing up...
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Loonie at highest since 2007, Canada seen as ‘safe harbour’
- Posted by emptypockets
on Thu 07/21/2011 11:48 AM
The Canadian dollar (CAD/USD-I1.060.0040.33%) cracked $1.06 U.S. today, hitting its highest level since November 2007. "The rally in [the Canadian dollar] has been driven by several factors, including a shift to a more hawkish...
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Loonie just about at parity with US dollar
- Posted by BecksWins
on Fri 03/12/2010 12:44 PM
The Canadian Press reports the Canadian dollar is racing towards parity faster than even the most daring economists predicted, but the surge could have longer term effects as more manufacturers weigh whether they can afford a higher loonie and...
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U.S. Tourists won't get a currency break in Canada for a while
- Posted by KnightLight
on Sat 12/04/2010 7:48 AM
The Canadian dollar is expected to be fairly rangebound and remain close to current levels around parity with the U.S. dollar over the next 12 months, according to a Reuters poll. The currency is expected to stand at a one-for-one...
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