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Loonie Little Changed After Canada Retail Sales

CANBERA (dpa-AFX) - Following the release of Canada retail sales for December at 8:30 am ET Friday, the loonie changed little against its major counterparts.The loonie was trading at 1.2610 against ....

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Before the Bell: What every Canadian investor needs to know today


The Globe and Mail
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Canada’s main stock index started lower Thursday as global risk sentiment pulled back. Wall Street’s main indexes also started in the red as the shift out of tech shares continued and investors reacted to weaker-than-expected jobless claims figures. ....

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Loonie threatened as Canadians move money offshore


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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Daragh Maher, HSBC’s U.S. head of foreign exchange strategy, sees a robust case for loonie appreciation,
“The case favoring the CAD is robust. The currency has fared well during previous global economic upswings, and should capitalize on the expected improvement as COVID-19 vaccines foster a marked bounce in activity. Part of this CAD sensitivity to global growth relates to the lingering importance of the energy sector to Canada’s economy. Higher oil prices have helped the CAD and should continue to do so. In fact, Canada’s economy has been outstripping consensus expectations for years a ....

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Loonie Climbs Further Vs Most Majors After Canada Inflation Data

CANBERA (dpa-AFX) - Canada inflation data for January has been published at 8:30 am ET Wednesday. The loonie traded mixed against its major counterparts after the data. While it fell against ....

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