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The Dollar Vs. The Loonie

Published 05/04/2015, 12:31 PM
Updated 05/14/2017, 06:45 AM

The USD/CAD began the week in the red zone as the greenback lost nearly 230 points to the loonie. However, that trend reversed later in the week and the USD/CAD finished the week at the same level that it had begun.

  • Interest rates in Canada increased on average by roughly 20 last week.
  • In line with its recent weekly performances, the price of oil jumped nearly 2 USD/barrel and ended the week at 59 USD/barrel.

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