1 CAD = 0.802969 USD(6:00 am, October 19,2017)

BNN has stopped providing interest rate numbers, and in the past 3 days the Loonie value in US dollars.

To a non- finance person, interest rate and Canada/US dollar amounts are the most important barometers of our Western economies.

Gold and oil prices are still given: The fluctuating value of gold usually indicates interest rate fluctuations. When the price of gold rises, interest rates decline. When the price of oil rises the value of Canada’s currency trends higher. In recent weeks I’ve read oil use had reached a 2 year high reflected in a steady over $50. per barrel world price. Correspondingly the Loonie rose from about 74 cents USD to 82 cents then fell back to about 80 cents as oil stopped its rise remaining over $50 per barrel while Canada’s Loonie has been hovering around 80 cents

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