Daily Archives: February 21, 2012

Analysis: Falcon delivers dour budget based on bleak economic outlook – Vancouver Sun

February 21, 2012
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Analysis: Falcon delivers dour budget based on bleak economic outlookVancouver SunForecasts for the Canadian dollar over the next five years range from 92 cents US to $1.05 US. Europe has entered recession, bond yields in Spain and Italy have reached l...

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CA: 1.0034 USD = 1 CAD 2012-02-21 Bank of Canada closing rate

1 Canadian Dollar = 1.0034 USD (USD = U.S. dollar (close)). These are the Bank of Canada's nominal closing exchange rates, published at about 4:15 ET each business day. These are neither buying nor selling rates, and should be used for reference purp...

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Canadian Dollar Lower As Caution Lingers After Greek Deal – Wall Street Journal

February 21, 2012
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Canadian Dollar Lower As Caution Lingers After Greek DealWall Street JournalBy David George-Cosh Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The Canadian dollar edged slightly lower against its US counterpart on Tuesday after investors remained cautiou...

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Canadian Economy Suffers From Dollar Parity – Bloomberg

February 21, 2012
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BloombergCanadian Economy Suffers From Dollar ParityBloomberg(MOS), says there's a “gold- rush” to find workers, and Alberta is trying to win permits for multibillion-dollar oil pipelines. “In the land of the blind, the one-eyed man is king, ...

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For Canada, growth a struggle against high dollar – Vancouver Sun

February 21, 2012
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For Canada, growth a struggle against high dollarVancouver Sun“The two big things driving Canada are credit and commodities,” and “we have avoided some of the real headaches that the heavily indebted countries have encountered.” Canada's cu...

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The curse of the strong loonie – Financial Post

February 21, 2012
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Financial PostThe curse of the strong loonieFinancial Post“The two big things driving Canada are credit and commodities,” and “we have avoided some of the real headaches that the heavily indebted countries have encountered.” Canada's curren...

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Canadian Dollar (CAD) heads lower as Canadian retail sales data disappoints … – Euro Exchange Rate News

February 21, 2012
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Canadian Dollar (CAD) heads lower as Canadian retail sales data disappoints ...Euro Exchange Rate NewsThe pound Canadian dollar exchange rate is 0.1% lower on the day with GBP-CAD at 1.5728, the euro Canadian dollar exchange rate is 0.27% higher with E...

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Canadian Dollar Unchanged Against Greenback On Greece Worries – Wall Street Journal

February 21, 2012
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Canadian Dollar Unchanged Against Greenback On Greece WorriesWall Street JournalBy David George-Cosh Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The Canadian dollar was little changed against its US counterpart Tuesday morning, surrendering earlier gai...

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USD/CAD: Trading Canada’s Retail Sales Report – International Business Times

February 21, 2012
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USD/CAD: Trading Canada's Retail Sales ReportInternational Business TimesTrading the given event risk certainly casts a bearish outlook for the loonie, but a positive development could set the stage for a long Canadian dollar trade as it reinforces...

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USD/CAD: Trading Canada’s Retail Sales Report – Inside Futures

February 21, 2012
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USD/CAD: Trading Canada's Retail Sales ReportInside Futuresby David Song of DailyFX Retail spending in Canada is expected to contract 0.1% in December and a drop in private consumption may spark a bearish reaction in the Canadian dollar as the data...

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