Search Results for 'Canada'

Canada dollar edges lower, bonds rise as Fed looms

TORONTO, Jan 25 (Reuters) - The Canadian dollar eased slightly against the greenback on Friday, shaking off tamer than expected inflation data as oil and gold prices rose, and the market looked ahead to an expected U.S. interest ra [...]

Posted On : Jan, 26 2008 | Comments : 0

Bigger hit on Canada growth from U.S. possible

Bank of Canada Governor David Dodge said on Monday a slowdown of the U.S. economy in the first half of 2008 could have a worse impact on Canada's performance than was expected just a few months ago. "The downside risks to Canada from [...]

Posted On : Jan, 09 2008 | Comments : 0

Canada's Dollar Gains as Commodities Rise, U.S. Currency Dro...

Canada's dollar climbed to a 31- year high after prices of the nation's commodity exports surged and as the U.S. dollar fell against major currencies.The Canadian currency got a boost after a report showed the economy expanded for the third [...]

Posted On : Oct, 01 2007 | Comments : 0

Canada should put its loonie pride on hold

I chanced to be in Canada last week on the very day that the Canadian dollar hit parity with its more glamorous American counterpart for the first time in 30 years.The “loonie”, as it is popularly known, in what may be the most [...]

Posted On : Sep, 25 2007 | Comments : 0

Canada's Dollar Caps the Biggest Weekly Advance Since 1988

Canada's dollar rose, capping the biggest weekly gain since 1988, amid optimism that surging demand for commodities will fuel economic growth.The currency rose above $1 yesterday for the first time since November 1976 as crude oil set a rec [...]

Posted On : Sep, 22 2007 | Comments : 0

Canada's Dollar Declines as Consumer Prices Drop Unexpectedl...

Canada's dollar fell for the first time in eight days, slipping from a three-decade high, after a government report showed consumer prices unexpectedly decreased last month.The currency has risen 15 percent against the U.S. dollar this year [...]