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Canada's Flaherty sees no recession this year

posted by odell 4 days ago in CAD, Fundamental, GDP made popular 4 days ago

Canadian Finance Minister Jim Flaherty said he expects solid economic growth this year, despite signs the country was on the brink of a recession in the first half.  read more

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Canadian dollar rises on manufacturing

posted by odell 4 days ago in CAD, Fundamental, Manufacturing made popular 4 days ago

Stronger-than-expected manufacturing figures helped lift the Canadian dollar against the U.S. dollar on Friday, while bond prices took their cue from a rising U.S. Treasury market.  read more

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Canadian Dollar Declines to Lowest in a Year on Commodities

posted by pippinallnite 8 days ago in CAD made popular 8 days ago

Canada's dollar fell to the lowest level in almost a year after prices of the nation's commodity exports declined.  read more

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Canadian Dollar Shows Mild Weakness Versus Majors

posted by pippinallnite 14 days ago in USD, EUR, CAD made popular 14 days ago

The loonie exhibited mild weakness against its major counterparts on Wednesday in New York, as it lacked direction with the euro but hit a fresh multi-month low against the greenback. Investors pondered declining U.S. oil prices while shrugging o  read more

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Loonie Loses Currency Wings as Canada Hurt by U.S.

posted by supertrader 16 days ago in USD, CAD made popular 16 days ago

Currency traders are beginning to realize that for all its riches in oil, copper and lumber, Canada's economy may not be so different than the U.S. after all.  read more

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Canada's trade picture to darken in 2009, EDC says

posted by odell 17 days ago in CAD, Fundamental, GDP made popular 16 days ago

Canada's trade picture will darken in 2009 because of lower oil prices and a slowing world economy.  read more

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Canada economy shrinks by 0.1% in May

posted by odell 17 days ago in CAD, Fundamental, GDP made popular 16 days ago

Economic activity in Canada retreated in May, as the country's gross domestic product for the month saw a surprising contraction of 0.1 per cent.  read more

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Canadian Dollar Declines as Manufacturing Price Gains Subdue

posted by fxhottie 21 days ago in CAD, Manufacturing made popular 21 days ago

Canada's dollar fell after government reports showed that manufacturers' prices rose less than raw-material costs in June, a sign companies aren't passing all of a jump in energy expenses to consumers.  read more