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Canadian Dollar

Canadian dollar tracks oil higher as OPEC meets

Canadian dollar tracks oil higher as OPEC meets

  • Canadian dollar rises 0.2% against the greenback.
  • Price of US oil increases 1.9%.
  • Canadian labor productivity falls 2.0% in the fourth quarter.
  • Canadian bond yields rise across the curve.
Updated 04 Mar, 2021 09:51pm
Canada's economy posts 9.6pc annualized growth in Q4
World

Canada's economy posts 9.6pc annualized growth in Q4

  • "There are a lot of moving parts here but overall I would say this is generally better than expected," said Doug Porter, chief economist at BMO Capital Markets.
  • The Canadian dollar was trading 0.1% lower after the data at 1.2661 to the greenback, or 78.98 US cents, easing back from a rally the previous day.
Published 02 Mar, 2021 08:44pm
Canadian dollar notches a 12-day high as oil climbs
Markets

Canadian dollar notches a 12-day high as oil climbs

  • Canada's most populous province of Ontario said it would extend a stay-at-home order in Toronto and nearby suburbs by two weeks, but residents of three largely rural public health regions can leave their homes starting on Wednesday.
Published 09 Feb, 2021 11:05am