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The Loonie Just Hit a 14-Month Low — Here's What It's Costing You

   Saturday, July 25, 2026 The Canadian dollar has slid to its weakest level since April 2025, and speculators are betting it has further to fall. Here's why it's happening and what it actually means for your wallet. If you've bought anything in U.S. dollars lately — a flight, an Amazon.com order, a hotel for a Florida trip — you may have noticed the exchange rate isn't doing you any favours. The Canadian dollar touched 1.4248 per U.S. dollar (about 70.2 U.S. cents ) last week, its weakest level in 14 months, before steadying closer to 1.41 . It's not just a bad week. Currency speculators have piled into bets against the loonie so aggressively that the Canadian dollar has overtaken the Japanese yen as the most heavily shorted major currency in the world, according to data from the U.S. Commodity Futures Trading Commission. Net short positions against the CAD hit roughly US$12.5 billion — the largest bearish bet on the loonie since December 2024. Why the loonie is ...

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Your daily horoscope: February 23, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Mind planet Mercury moves into your sign on your birthday, so you will be seriously switched on both at home and at work. Because you can see two steps ahead of everyone else nothing will take you by surprise – but you will do many surprising things yourself.

ARIES (March 21 - April 20):

The approaching full moon will bring both challenges and opportunities. On the work front, especially, you need to be alert for changes that can affect you either for the better or for the worse – which one it is will depend on how you choose to respond.

TAURUS (April 21 - May 21):

There have been so many stresses and strains in your life in recent weeks that it might be a good time to give yourself a break. You should at the very least be doing less on the work front. Focus on creative and artistic activities instead.

GEMINI (May 22 - June 21):

Your head seems to be full of needless fears at the moment, brought on no doubt by the looming full moon. The good news is that your anxieties will amount to nothing, or as close to nothing as can be ignored with no real danger to you.

CANCER (June 22 - July 23):

Think ahead to where you would like to be around the time of your birthday in the summer and then start making plans to get you there. You don’t have to rush, just make sure you know where you are going and then take the first step.

LEO (July 24 - Aug. 23):

You may be of the opinion that you are destined for bigger and better things but they won’t just come to you as if by magic. You are going to have to make a serious effort and maybe make some sacrifices too. Start making them today.

VIRGO (Aug. 24 - Sept. 23):

Tomorrow’s full moon in your sign will in some way or other turn your life on its head, but that need not be a bad thing. As your circumstances change you will notice openings that were always there but which you were previously unable to see.

LIBRA (Sept. 24 - Oct. 23):

Don’t listen to people who are always complaining that fate is unkind and that they never seem to get the breaks. That’s a really poor excuse for failure. Everyone has opportunities to get ahead in life and you have more than most at the moment.

SCORPIO (Oct. 24 - Nov. 22):

If what others are saying bores you don’t just switch off. Among all the tedious stuff there could be a nugget of astonishing information that you can take and use to your own advantage – but you may miss it if you’re not listening.

SAGITTARIUS (Nov. 23 - Dec. 21):

You know better than to take what certain people tell you at face value and that’s good because what you hear today and over the weekend may be intended to deceive. If your instincts tell you to be cautious you would be a fool not to listen.

CAPRICORN (Dec. 22 - Jan. 20):

You are as entitled to your opinion as anyone else but if your current opinion is based on claims you have not checked out for yourself you could end up looking silly. Worse, people in positions of power will no longer trust your judgment.

AQUARIUS (Jan. 21 - Feb. 19):

If you go out of your way to be nice to a colleague they will go out of their way to be nice to you. What is even better is that they may entrust you with information that can be used to make some serious money. A double win!

PISCES (Feb. 20 - Mar. 20):

Don’t worry if a friend or family member says something hurtful today because they don’t really mean it. The approaching full moon is making everyone a bit touchy at the moment, so let them have their say and then just let it go.

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