Search Results for 'Canada'

CANADA FX DEBT-C$ weighed down by economic growth concerns

Canada's dollar fell against the U.S. currency on Monday as doubts about the economic resilience of the United States weighed, sending oil prices lower and boosting risk aversion. The price of U.S. crude oil slid more than 1 per [...]

Posted On : Jun, 07 2011 | Comments : 0

CANADA FX DEBT-C$ slips as chances of May rate hike dwindle

TORONTO, May 26 (Reuters) - The Canadian dollar eased against the U.S. currency on Thursday and bond prices rallied as market players lowered expectations that the Bank of Canada will raise interest rates nex [...]

Posted On : May, 27 2011 | Comments : 0

Analysis: Canada dollar to outshine Aussie when U.S. turns

The commodity-backed Canadian and Australian dollars tend to benefit in times of accelerating global economic growth but the higher-yielding and China-linked Aussie has outperformed and is expected to continue to do so in the near term. [...]

Posted On : Apr, 28 2011 | Comments : 0

Canada Dollar Falls Most in Month as Central Bank Damps Outl...

Canada’s dollar slipped the most in four weeks versus its U.S. counterpart as investors bet interest rates will remain on hold until late next year after the central bank said it will be careful about future rate boosts. The curren [...]

Posted On : Dec, 12 2010 | Comments : 0

CANADA FX DEBT-C$ trades sideways ahead of BoC rate decision

The Canadian dollar was little changed against the greenback on Wednesday as investors waited to find out whether the Bank of Canada will hike interest rates for the third time this year. The central bank decides on interest [...]

Posted On : Sep, 08 2010 | Comments : 0

Canada to Keep 0.25% Lending Rate as Dollar Threatens Recove...

The Bank of Canada will probably keep its benchmark interest rate at a record low today, and repeat a pledge to leave it unchanged through June as an appreciating currency threatens to hamper the economic recovery. The target rate for over [...]

Posted On : Jan, 19 2010 | Comments : 0

Canadas Lane Says Currency Remains Important Risk

Bank of Canada Deputy Governor Timothy Lane said persistent strength in the country’s currency is an “important risk” to the economy, and policy makers have “flexibility” to implement further stimulus if it&rsq [...]

Posted On : Aug, 26 2009 | Comments : 0

Canada Keeps Rate at 0.25%, Says Dollar Slows Rebound

The Bank of Canada kept its benchmark interest rate at a record low, and said the stronger Canadian dollar is slowing a recovery that has been quicker than policy makers expected. All 23 economists surveyed by Bloomberg News predicted [...]

Posted On : Jul, 22 2009 | Comments : 0

Canada May Keep Rate at Record Low as Currency Hurts Exporte...

The Bank of Canada may keep its benchmark lending rate at a record low today and renew a vow to freeze borrowing costs until mid-2010 as a surging Canadian dollar hurts exporters and threatens to prolong the first recession in 18 years. [...]

Posted On : Jun, 04 2009 | Comments : 0

Canada's Currency Gains for a Third Day as Global Stocks Ris...

Canada's currency increased for a third day to the strongest in more than a week as global stocks rose and the U.S. economy contracted less than forecast. The Canadian dollar is poised for its biggest weekly gain since at least 1971, when B [...]

Posted On : Oct, 31 2008 | Comments : 0

Canada's Dollar Suffers Biggest Declines Since 1971 on Crisi...

Canada's dollar suffered the biggest weekly and daily declines in at least 37 years as the deepening credit crisis drove investors to take refuge in the U.S. dollar. The Canadian currency declined 10 percent against its U.S. counterpart s [...]

Posted On : Oct, 11 2008 | Comments : 0

Buy Australia's Dollar Against Canada's, TD Securities Says

Investors should buy Australia's dollar against Canada's as the interest-rate gap between the two nations may shrink less than traders expect, TD Securities said. Australia's dollar is the third-worst performer among the 16 most-a [...]

Posted On : Sep, 01 2008 | Comments : 0

Bank of Canada redesigning currency to better help visually ...

Canada's paper currency is gradually losing the tiny bumps placed in the upper right corner of modern bills that have helped the blind know what denomination they have in hand. The raised dots are not braille but are arranged in patterns th [...]

Posted On : May, 22 2008 | Comments : 0

Canada's Dollar Falls as Carney Signals More Interest-Rate C...

Canada's dollar declined as the new central bank governor signaled the benchmark lending rate will be cut further, underlining the view that the economy will slow this year. Government bonds rose. The Canadian dollar fell back below par wi [...]