Bank of Canada, dollar
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The Canadian dollar weakened against its U.S. counterpart on Thursday as the greenback posted broad-based gains, but the move was limited as the boost to the U.S. currency from a more hawkish Federal Reserve began to fade.
The US dollar is consolidating yesterday's gains in what appears to be favorable price action. EM currencies are mixed. US index futures are trading higher today, helped by Amazon and Apple.
The Canadian dollar was strengthening against the American currency as of Monday morning, despite U.S. President Donald Trump's threat to impose an additional 10% tariff on the northern neighbor. Karl Schamotta,
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie was trading 0.4% lower at C$1.4001 to the greenback, or 71.42 U.S. cents,
Canada's one-dollar coin has gone through many different designs over the years, from the silver dollars of the mid-20th century to today's Canadian dollar coin (Loonie). Many of these coins are quite valuable, sometimes fetching thousands of dollars at ...
Calgary-based FinTech startup Loon has launched and closed $3 million CAD in pre-seed funding to develop a regulated, Canadian dollar-backed stablecoin. Led by former employees at Toronto’s Paytrie, the newly-formed company has been spun up to focus exclusively on the growth of Paytrie’s CADC stablecoin, which Loon is acquiring.
The Canadian dollar strengthened to a near two-week high against its U.S. counterpart on Wednesday as oil prices rose and investors grew hopeful of a trade deal between the United States and Canada.