Blog > Archive by tag 'loonie'
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Currency Trading: Are gains left in the Canadian loonie?

March 22, 2008 · Filed Under International Investing · Comments 
"In November 2007, the loonie spiked to a record $1.10 on soaring commodities prices. Recently, however, the loonie has been shedding its strength." — Sally Limantour by Sally Limantour Baltimore — (TFN): The Canadian dollar is affectionately known as the “loonie” because of the picture a loon on the coins. And today’s chart is FXC, the [...]

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Dollar Decline: Canadians are flooding across the U.S. border this holiday shopping season.

November 24, 2007 · Filed Under International Investing · Comments 
“Funny how a lower currency exchange rate translates into higher competitiveness in a global economy.” — J. Christoph Amberger TFN Baltimore — (TFN): Canadians are pouring across the border to take advantage of the strong Canadian dollar, lower sales taxes, and the fact that Canadian retailers have kept their prices artificially high from the days when [...]

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