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Canadian dollar weakness to persist into 2025, expert says
The Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.
The Canadian dollar is weak, and it will likely stay that way for months, expert says
Katherine Judge with CIBC Capital Markets says the threat of tariffs will likely keep the Canadian dollar low for months, though she says it could rebound in the first part of 2025 if Canada is able to successfully negotiate with the Trump administration.
Canadian dollar weakness to persist into 2025, expert predicts
After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US. But it still remains lower than it has been since the early days of COVID, and is nearly four per cent below where it was trading in September.
With Canadian dollar trading at 5-year low, what is the effect on the B.C. economy?
The price for almost all goods imported from the United States, from manufacturing supplies to fruits and vegetables will go up. But it's not all bad news.
7h
Canadian dollar rises as CPI data clips jumbo rate cut bets
The Canadian dollar strengthened for a second day against its U.S. counterpart on Tuesday as hotter-than-expected domestic ...
U.S. News & World Report
14h
CANADA FX DEBT - Canadian Dollar Strengthens, Benchmark Yield Slips
The
Canadian
dollar
strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped.
4d
Canadian dollar extends weekly decline on wider yield spreads
The Canadian dollar weakened to a 4-1/2 year low against its U.S. counterpart on Friday as oil prices fell and a wider gap ...
5d
Canadian dollar extends breach of key psychological level
The Canadian dollar weakened further beyond a key psychological level against its U.S. counterpart on Thursday, pressured by ...
1d
'It's all caught up to us now': Low Canadian dollar hits locally owned grocery store
The Canadian dollar is at its lowest level since May 2020, with $1 CAD converting to $0.71 U.S. That means purchasing produce ...
Hosted on MSN
6d
Canadian dollar hits 4-1/2-year low near 1.40 per U.S. dollar
TORONTO (Reuters) - The
Canadian
dollar
weakened to a 4-1/2-year low against its U.S. counterpart on Wednesday as ...
thedeepdive
13d
Canadian Dollar Hits Two Year Low Following Trump’s Election
The Canadian dollar has hit a two year low following the result of yesterdays presidential elections in the United States, ...
Exchange Rates
21h
Canadian Dollar to Mexican Peso Forecast: 13.885 in One Month
Pound Sterling (GBP),
Canadian
dollar
(CAD), Norwegian Krone (NOK), Russian Rouble (RUB) and Mexican Peso (MXN) exchange rates under pressure ...
14h
USD/CAD trades with positive bias above 1.4000, looks to Canadian CPI for fresh impetus
The USD/CAD pair finds some support near the 1.4000 psychological mark on Tuesday and for now, seems to have stalled its ...
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