Loonie Mixed After Bank of Canada’s Tiff Macklem Warns of ‘Structural Change’ from Trump Tariffs
The Canadian dollar struggled to establish a direction against the greenback to kick off the trading week. So far this year, the loonie has survived…
Posts Tagged: Loonie
Canadian Dollar Soars After Investors Cheer Justin Trudeau Resignation
The Canadian dollar soared to kick off the trading week as investors cheered on Prime Minister Justin Trudeau announcing he was stepping down. The loonie…
USD/CAD Falls After Bank of Canada Signals Slower Policy Easing in 2025 After Jumbo Rate Cut
The Canadian dollar strengthened against its US counterpart in the middle of the trading week after the Bank of Canada pulled the trigger on a…
US Dollar Index (DXY) Little Changed As 10-Year Treasury Yield Surges to 4.3%
The US dollar was little changed to kick off the trading week but US Treasury yields rocketed. The buck and the government bond market have…
Loonie Rises Against US Dollar After Canada’s Inflation Slows to Three-Year Low
The Canadian dollar recorded a modest gain against the greenback on Tuesday after reporting a lower inflation reading in July. The loonie has been gaining…
Loonie Little Changed After Canadian Economy Loses Jobs for Second Straight Month
The Canadian dollar was little changed against multiple currencies to finish the trading week. The loonie was under focus after a second straight weak jobs…
Loonie Weakens Amid Drop in Retail Sales; Traders Seek Shelter in US Dollar
The Canadian dollar weakened against its US counterpart to finish the trading week, with traders returning the greenback amid intense volatility in the financial markets….
Canadian Dollar Slumps Despite US Developments
The Canadian dollar failed to make gains against its US counterpart despite the broader decline in the greenback. The loonie has struggled to generate momentum…