CAD/USD (CADUSD=X)
- Yahoo Finance Canada
Weak loonie? These TSX stocks could gain strength, says RBC
It says Canadian stocks that tend to generate more earnings from the U.S. span the technology, media, financial, healthcare, industrial, and forest product sectors.
- FX Empire
Octa’s Review Of Upcoming Central Bank Decisions
Three policy rate decisions over 48 hours will test investors’ interest rate expectations. What will central banks decide next week? Octa analysts share their opinion.
- Reuters
Canadian dollar pares weekly decline as stocks rally
The Canadian dollar strengthened against its U.S. counterpart on Friday, clawing back much of this week's decline, as an increase in investor risk appetite offset domestic data showing a surprise decline in retail sales. The move higher for the Canadian currency came as the U.S. dollar gave back some of its recent rally against a basket of major currencies and the S&P 500 notched an intraday record high for the first time in two years. Canada is a major producer of commodities, such as oil, so the loonie tends to be sensitive to shifts in risk appetite.
