| 12 Feb 2018 09:33 | The Globe and Mail |
Commodity-linked currencies, such as the Canadian dollar tend to underperform when stocks fall. The loonie retreated 1.2 per cent last week.
more| 08 Nov 2017 07:52 | Seeking Alpha |
The Canadian dollar has gained ground in the Wednesday session, recovering most of the losses from Tuesday. Currently, USD/CAD is trading at 1.2731, down 0.36% on the day.
more| 20 Sep 2017 07:22 | Interactive Investor |
CANBERA (Alliance News) - The Canadian dollar strengthened against its most major counterparts in the European session on Wednesday amid rising oil prices, as an industry data showed that US crude inventories rose less than expected last week.
more| 19 Sep 2017 16:11 | Western Producer |
WINNIPEG, Sept. 19 - A lackluster domestic manufacturing report dragged on the Canadian dollar but a stronger oil outlook and a falling American greenback offset losses.
more| 23 May 2017 10:33 | Times Colonist |
The Canadian dollar was trading at 74.20 cents US, up from Friday's average price of 73.83 cents US. The July crude contract was up five cents at US$51.18 per barrel and the June natural gas contract was down four cents at US$3.29 per mmBTU.
more| 14 May 2017 19:57 | Yahoo7 News |
LONDON (Reuters) - The Canadian dollar hit its highest level in two weeks and the Australian dollar a 10-day high on Monday as a bounce in oil prices drove a recovery in major commodity-linked currencies.
more| 11 May 2017 04:00 | Hindu Business Line |
The New Zealand dollar sank to an almost one-year low and its Canadian counterpart by roughly half a per cent on Thursday as domestic concerns outweighed a bounce in oil prices for the commodity-focused currencies.
moreThe relationship between the Canadian Dollar and crude oil is well-known but the strength of the relationship changes. In late October for example, the 13 week correlation coefficient between the 2 assets was actually negative (indicating that CAD and ...
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