CANADIAN DOLLAR
Canadian Dollar Buckles for the First Time in Five Years? November As November begins soon the United States Dollar (USD) bulls will attempt what hasn’t done is five years. The Canadian Dollar (CAD) has dominated the exchange rate battle since 2001 against the United States Dollar. Canadian dollar closed 0.34 of a cent ahead at 88.55 cents US TORONTO (CP) - The Canadian dollar closed 0.34 of a cent higher at 88.55 cents US on Friday. The US dollar stood at C$1.1293, down 0.44 of a Canadian dollar is up 0.32 of a cent at 88.53 cents US at 11 am ET TORONTO (CP) - The Canadian dollar traded at 88.53 cents US, up 0.32 of a cent. The US dollar stood at C$1.1295, down 0.42 of a cent from Canadian dollar opens at 88.32 cents US, up 0.11 of a cent TORONTO (CP) - The Canadian dollar opened at 88.32 cents US this morning, up 0.11 of a cent from Thursday's close. The US dollar stood at Canadian dollar up TORONTO: The Canadian dollar rose versus the greenback on Friday and made big gains against overseas currencies as strong Canadian and US jobs data fi Canadian Dollar and Indian Rupee 1.00 CAD = 39.7 INR 1.00 INR = 0.02 CAD Converter -- Rate Chart Forex Trading Strategy: Sell the Canadian Dollar Ahead of Rate Info Lehman, the fourth-largest US securities firm by market value, recommended adding to bets against a drop in the Canadian dollar versus the Swedish Krona and maintained its wagers to sell the Canadian currency versus the US dollar. Rydex Currency ETFs Images A recent reader asked how he could use exchange traded funds (ETFs) to hedge against a falling US dollar. The Rydex Currency Shares offer investors this hedge with the Euro (FXE), British Pound Sterling (FXB), Canadian Dollar Canadian Dollar to remain range-bound? Currently, volatility in Canadian Dollar futures is virtually zero, which means despite the Loonie’s lofty valuation, the markets expect it to remain range-bound for the time being. The Globe and Mail reports: Manulife Q3 2006 Earnings This was somewhat offset by unfavourable claims experience in JH LTC and the stronger Canadian dollar. JH Life earnings rose to US$131 million in the quarter from US$99 million in Q3/05 reflecting and JH LTC earnings were flat at US$20
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