Loonie marks longest losing streak since February

Posted On: May 14, 2013
The Canadian monetary unit endured its fourth consecutive trading session of losses on Tuesday on foreign exchange markets, marking the currency's longest bearish streak since February, according to Bloomberg. [More]

Category: Industry News

Loonie climbs against most rivals after strong U.S. retail sales data

Posted On: May 13, 2013
The monetary unit of Canada climbed on Monday against most of its rival monetary units on foreign exchange markets, propelled higher by stronger-than-forecast economic data released by the nation's top trade partner, according to Bloomberg. [More]

Category: Industry News

Loonie slumps after weak jobs report

Posted On: May 10, 2013
The monetary unit of Canada scraped its lowest value in seven days against the U.S. dollar on Friday on foreign exchange markets after a weaker-than-expected labor market report, according to Bloomberg. [More]

Category: Industry News

Loonie's four-day bullish trend closes against greenback

Posted On: May 09, 2013
Four days of gains for the Canadian dollar against the world's reserve currency came to a close on Thursday on foreign exchange markets, according to Bloomberg. [More]

Category: Industry News

Loonie edges down after private housing data release

Posted On: May 08, 2013
The monetary unit of Canada slimmed down on Wednesday on foreign exchange markets against most of its rival currencies after economic data demonstrated a slowdown in construction of new homes last month, according to Bloomberg. [More]

Category: Industry News

Loonie climbs after central bank of Australia rate cut

Posted On: May 07, 2013
The monetary unit of Canada increased in value against the world's reserve currency on Tuesday on foreign exchange markets in the aftermath of the central bank of Australia slashing interest rates, according to Bloomberg. [More]

Category: Industry News

Loonie climbs against top rivals after building permit data trumps estimates

Posted On: May 06, 2013
The monetary unit of Canada advanced on Monday on foreign exchange markets against its top rival currencies as a consequence of economic data noting the number of building permits earlier this year was stronger than expected, according to Bloomberg. [More]

Category: Industry News

Loonie climbs as Fed, ECB show inclinations toward stimulus

Posted On: May 02, 2013
The monetary unit of Canada advanced on Thursday on foreign exchange markets in the aftermath of economy-spurring measures implemented by the central banks of Europe and the U.S., which underscore demand for currencies that deliver stronger yields, Bloomberg reports. [More]

Category: Industry News

Loonie climbs to three-month high against dollar

Posted On: May 01, 2013
The monetary unit of Canada achieved its strongest value in about three months on Wednesday on foreign exchange markets against the U.S. dollar amid economic data indicating the globe's 11th-largest economy developed more rapidly than forecast in February, Bloomberg reports. [More]

Category: Industry News

Loonie fluctuates in anticipation of U.S. economic data

Posted On: April 26, 2013
The monetary unit of Canada was fluctuating between losses and gains on Friday on foreign exchange markets yet hinging on gross domestic product data to be released by the nation's top trade partner, according to Bloomberg. [More]

Category: Industry News