The USD/CAD price drifted upwards as the market waited for the upcoming Canada consumer price index (CPI) data. It rose to a high of 1.3431, which was about 80 basis points above the lowest level in 2...
Tag: loonie
Is the loonie a good buy ahead of Canada jobs data?
The USD/CAD exchange rate continued slipping after this week’s interest rate decision by the Bank of Canada (BoC) and the upcoming jobs data. It slipped to a low of 1.300, which was the lowest level s...
The Future of Canada is Crypto As Canadians Favour Crypto Paychecks Over Loonie, Survey Reports ⋆ ZyCrypto
Advertisement     62% of Canadians fancy a crypto paycheck. Over 50% of crypto owners reportedly began showing interest in digital currencies during the 2020 pandemic....
USD/CAD: Here’s why the loonie jumped to an eight-week high
The USD/CAD price declined to the lowest level since November 16th as investors reacted to the latest American consumer inflation data and the rising crude oil prices. The pair is trading at 1.2500, w...
Canadian Officials Reportedly Warn about Digital Loonie
According to the recent reports published by the Canadian press, some finance officials have raised concerns regarding the potential implications of ‘Digital Loonie’ on the country’s economy. A report...