Three major factors are driving the Canadian dollar lower against the U.S. dollar and point to further weakness.
Thirty years ago, the Canadian dollar was worth an average of 72.9 cents American. In the coming years, it dropped below 64 cents, but the mid-1990s resonate strongest with a lot of sports fans. In ...
Currency markets rarely shout, but the latest positioning against the Canadian dollar sends a clear warning. Speculators built roughly US$12.5 billion in net bearish bets on the loonie, making it the ...
Canada's forex market operates within a framework dominated by commodity price relationships and close economic ties with the United States. The Canadian dollar's behavior reflects the country's ...
USD/CAD halts its three-day winning streak, trading around 1.3870 during Asian hours on Monday. The pair inches lower as the commodity-linked Canadian Dollar (CAD) receives support from elevated oil ...