The Canadian dollar has not exactly been having a good year against its American counterpart. From the start of 2024 through to October 9, the Canadian dollar lost 3.36% of its value compared to the U.S. dollar. The Canadian dollar, which is trading at 1.371 per U.S. dollar, or $0.7293 U.S. cents, has weakened by […]
Tag Archives: loonie
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The Canadian dollar has reversed the gains it made against the U.S. dollar in the first half of the year. The Canadian dollar performed well in the opening quarters of 2023, climbing 3.6% against the U.S. dollar. The loonie was actually the best performing major G-10 currency in June after rising 2.4%. That momentum carried […]
