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Parity News

Canadian loonie near parity with US dollar

The Canadian loonie's climb to parity with the US dollar should hold steady throughout the rest of 2010 but experts predict that it is vulnerable to a pullback before spring.

In the Media by KJ Mullins - 1 comment

Canadian Loonie rises above U.S. dollar, contracts back to parity

Toronto - In the early morning trading session, the Canadian loonie rose as high as 1.0014 cents U.S. before contracting to 99.67 cents U.S. and it's expected the Canadian dollar will remain at parity as the U.S. dollar devalues.

In the Media by Andrew Moran

Loonie opens trading day above parity with U.S. dollar at 100.18

Toronto - The Canadian dollar opened the trading session fully above the United States dollar up one-third of a cent at 100.18 cents US.

In the Media by Andrew Moran

Canadian dollar goes briefly above parity with U.S. dollar

Toronto - In midmorning trading, the Canadian loonie exceeded parity with the United States dollar for the first time since July 2008. Rising oil prices is said to have contributed to the American dollar's decline.

In the Media by Andrew Moran - 2 comments

Canadian loonie within a hair of parity with U.S. dollar

Toronto - As commodities rose, the Canadian loonie was within an inch of parity with the United States dollar on Monday when it hit 99.7 cents U.S. in the mid-afternoon trading session.

In the Media by Andrew Moran

Canadian dollar inches toward parity with U.S., reaches 99 cents

Toronto - The Canadian dollar went above 99 cents today before dropping back but it is still continuing to chase parity with the troubled United States dollar.

In the Media by Andrew Moran - 2 comments

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Dollar nears parity

The Canadian dollar traded at parity for much of Thursday, before giving back some of its gains to close at 99.83 US, up 0.18 of a cent from Wednesday's close.

Dollar trades near parity

The Canadian dollar traded at parity for much of Thursday, before giving back some of its gains but still up a fifth of a cent from Wednesday's close, at 99.86 cents US coming up to 4 p.m.