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  • H.S. Borji

    The Canadian dollar fell to a nearly two-week low on Monday, as last week’s disappointing jobs report overshadowed a surprise surge in July building permits. The loonie, as the Canadian currency is called, plunged 0.80 percent to 0.9114, erasing early-month gains that resulted from a high-profile corporate merger involving Tim Hortons, as well as a

  • H.S. Borji

    The Canadian dollar advanced for a fourth consecutive day against its US counterpart, as stronger than forecast GDP boosted optimism Canada was emerging from a prolonged period of slow growth. The loonie, as the Canadian currency is known, touched an intraday high of 0.9230 US on Friday. It would subsequently consolidate at 0.9221 US, advancing

  • H.S. Borji

    The Canadian dollar advanced against its US counterpart Friday, strengthening to a more than two-week high following the release of a revised government report showing employers added more jobs than forecast in July. The loonie, as Canada’s currency is called, advanced for a third consecutive day, climbing to an intraday high of 0.9206 US. The

  • H.S. Borji

    The Canadian dollar approached 92 US cents Thursday, but failed to generate additional momentum ahead of a revised jobs report from the government’s statistics agency on Friday. The loonie, as the Canadian currency is called, rose to an intraday high of 0.9187 US in the morning trade. The loonie consolidated at 0.9171 US, advancing 0.1

  • H.S. Borji

    The Canadian dollar faltered on Friday and is pacing for its third consecutive weekly decline, as weak employment figures underscored concerns about the country’s economic outlook. The loonie, as the Canadian currency is called, declined 0.45 percent to 0.9110 US. The loonie has weakened half a percent the past five days and 1.7 percent over

  • H.S. Borji

    Canada’s gross domestic product grew faster than forecast in May on the strength of broad-based advances in most industries, but the Canadian dollar continued to slide as the US dollar asserted its dominance. The loonie, as Canada’s currency is known, declined for a third consecutive day against its US counterpart, hitting a session low of

  • H.S. Borji

    The Canadian dollar fell to fresh lows Wednesday, as a bullish US dollar asserted its dominance ahead of a key monetary policy statement from the Federal Open Market Committee. The loonie, as Canada’s currency is called, declined 0.41 percent to 0.9179 US, its lowest level since June 11. The loonie is eyeing new lows, as

  • H.S. Borji

    The Canadian dollar declined sharply against its US counterpart Tuesday, as sentiment continued to shift in the greenback’s favour amid a steady stream of economic data. The loonie, as Canada’s currency is known, tumbled 0.4 percent to 0.9224 US, its lowest level since June 22. The loonie has tumbled 1.3 percent against the US dollar

  • H.S. Borji

    The Canadian dollar declined further against its US counterpart Friday, tumbling to a more than four-week low amid stronger demand for the greenback. The loonie, as Canada’s currency is called, declined 0.29 percent to 0.9279, its lowest level since June 20. The loonie is pacing for a weekly decline of 0.37 percent against the greenback.

  • H.S. Borji
    Forex » Retail sales lift Canadian dollar
    H.S. Borji - July 23, 2014, 13:57 GMT

    The Canadian dollar climbed against its US counterpart Wednesday, as auto sales spurred another strong month of retail sales in Canada. The loonie, as Canada’s currency is called, advanced 0.13 percent to 0.9325 US, easing from an intraday low of 0.9334 US. The USDCAD pair declined 0.12 percent to 1.0726. The pair traded within a

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