Canadian dollar – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Mon, 06 Feb 2023 19:11:45 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Canadian dollar – Advisor's Edge https://phoenix.advisor.ca 32 32 Canadian dollar outlook for 2023 uncertain as rate hikes wane: experts https://phoenix.advisor.ca/investments/market-insights/canadian-dollar-outlook-for-2023-uncertain-as-rate-hikes-wane-experts/ Mon, 06 Feb 2023 19:11:45 +0000 https://www.advisor.ca/?p=221553 The loonie's performance is highly contingent on external developments

The post Canadian dollar outlook for 2023 uncertain as rate hikes wane: experts appeared first on Advisor's Edge.

]]> Loonie to gain as rate hikes cease: CIBC https://phoenix.advisor.ca/investments/market-insights/loonie-to-gain-as-rate-hikes-cease-cibc/ Mon, 23 Jan 2023 19:53:30 +0000 https://www.advisor.ca/?p=221049 The U.S. dollar is expected to soften as rates peak, giving way to other drivers

The post Loonie to gain as rate hikes cease: CIBC appeared first on Advisor's Edge.

]]> Lower energy exports, higher dollar drive swing in monthly trade balance https://phoenix.advisor.ca/news/economic/lower-energy-exports-higher-dollar-drive-swing-in-monthly-trade-balance/ Thu, 05 Jan 2023 19:33:03 +0000 https://www.advisor.ca/?p=220439 Trade deficit returned in November, StatsCan data show

The post Lower energy exports, higher dollar drive swing in monthly trade balance appeared first on Advisor's Edge.

]]> Loonie slides after Fed rate hike as investors retreat to safe haven of U.S. dollar https://phoenix.advisor.ca/news/economic/loonie-slides-after-fed-rate-hike-as-investors-retreat-to-safe-haven-of-u-s-dollar/ Thu, 22 Sep 2022 20:37:56 +0000 https://www.advisor.ca/?p=214125 A lower loonie might make it harder for the Bank of Canada to stem inflation

The post Loonie slides after Fed rate hike as investors retreat to safe haven of U.S. dollar appeared first on Advisor's Edge.

]]> BoC rate hike contributes to loonie falling to a 20-month low https://phoenix.advisor.ca/news/economic/boc-rate-hike-contributes-to-loonie-falling-to-a-20-month-low/ Thu, 14 Jul 2022 19:55:43 +0000 https://www.advisor.ca/?p=211760 Investors fear the Federal Reserve will mirror the full percentage point hike in two weeks

The post BoC rate hike contributes to loonie falling to a 20-month low appeared first on Advisor's Edge.

]]> Oil’s link to loonie weakens: CIBC https://phoenix.advisor.ca/news/economic/oils-link-to-loonie-weakens-cibc/ Tue, 08 Mar 2022 19:43:35 +0000 https://www.advisor.ca/?p=206777 The Canadian dollar's fortunes are more tied to interest rates

The post Oil’s link to loonie weakens: CIBC appeared first on Advisor's Edge.

]]> Loonie hits sweet spot, likely to climb further https://phoenix.advisor.ca/news/economic/loonie-hit-sweet-spot-rising-for-a-week-straight/ Fri, 30 Apr 2021 14:15:07 +0000 https://www.advisor.ca/?p=194439 The strength of Canadian commodities could continue to drive up the loonie

The post Loonie hits sweet spot, likely to climb further appeared first on Advisor's Edge.

]]> Boosting portfolio performance with currencies https://phoenix.advisor.ca/investments/market-insights/boosting-portfolio-performance-with-currencies/ Mon, 01 Feb 2021 22:00:30 +0000 https://www.advisor.ca/?p=190884 Where to look as the greenback faces headwinds

The post Boosting portfolio performance with currencies appeared first on Advisor's Edge.

]]> Goodbye to the $25 bill https://phoenix.advisor.ca/news/industry-news/goodbye-to-the-25-bill/ Thu, 19 Nov 2020 18:08:04 +0000 https://www.advisor.ca/?p=188464 Certain bank notes, including $25 bill, will no longer be legal tender in 2021

The post Goodbye to the $25 bill appeared first on Advisor's Edge.

]]> Pandemic contributing to U.S. dollar weakness https://phoenix.advisor.ca/investments/market-insights/pandemic-contributing-to-u-s-dollar-weakness/ Wed, 21 Oct 2020 20:00:28 +0000 https://www.advisor.ca/?p=186966 The loonie should benefit from a global recovery

The post Pandemic contributing to U.S. dollar weakness appeared first on Advisor's Edge.

]]>