Day: July 19, 2015

Canadian Dollar Ends Week as Third Weakest Currency

The Canadian currency had a pretty rough week, falling against most of its major peers. And yet it was not the weakest currency during the past week as it was still able to gain on the euro and the New Zealand dollar. As was expected, the Canadian currency encountered hurdles during this week’s trading. While inflation was better than analysts’ prediction, the surprising interest rate cut from the Bank of Canada and the lackluster […]