Commentary

Add as a preferred source on Google

CAD review: Western Union

The loonie was firm below C$1.25 ahead of a crucial week for the Canadian economy. A weaker greenback and firmer oil prices above $50 helped the loonie hold near its strongest level in more than a week. How the loonie fa…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

The loonie was firm below C$1.25 ahead of a crucial week for the Canadian economy. A weaker greenback and firmer oil prices above $50 helped the loonie hold near its strongest level in more than a week. 

How the loonie fares this week should hinge on key a key business PMI due today at 10 a.m. ET and Friday's critical Canadian jobs report. This week's data should go some way in shaping expectations for the Bank of Canada's coming meeting on April 15.

Related articles

View all