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The Loonie Just Hit an 8-Week High — Here's What a Stronger Dollar Means for You

  August 11, 2026 Three weeks ago, we told you the Canadian dollar had crashed to a 14-month low . This week, it's doing the opposite: the loonie just touched its strongest level since June, and it's not a small bounce. If you shop online, travel south, or hold US stocks in your RRSP or TFSA, this move actually moves your numbers. What actually happened The Canadian dollar strengthened to about 1.393–1.394 per US dollar — roughly 71.7 to 71.8 US cents — its best level in eight weeks, according to Reuters and TradingEconomics data. That's a meaningful move: the loonie has gained close to 2% against the greenback since hitting 1.4248 on July 25, and it's up about 1.6% over the past month alone. THE TURNAROUND, IN THREE NUMBERS July 25 (14-month low) 1.4248 USD/CAD Today (8-week high) ~1.394 USD/CAD Move since July 25 Loonie up ~2.2% Two things are driving it. First, Friday's July jobs report blew past every forecast — the Canadian economy added 75,100 jobs against ...
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Trump Trial Judge Seals the Courtroom to Unleash on MAGA Lawyer


In a dramatic turn of events during Donald Trump’s criminal trial in Manhattan, Judge Juan Merchan suddenly sealed the courtroom on Monday afternoon. The reason? A heated confrontation with Robert Costello, a MAGA-friendly lawyer who played a key role in the attempted backchannel between Michael Cohen and the Trump White House in 2018.

Costello, a former prosecutor, had been reprimanded for outbursts in court whenever he was interrupted or told not to answer a question that had been objected to and sustained. As tensions escalated, Costello began to stare down the judge. Merchan took action, ordering the jury out of the room and addressing Costello directly: “Mr. Costello, I’d like to discuss proper decorum in my courtroom, OK?”.

Despite the warning, Costello continued to push boundaries. When Merchan turned around, he caught Costello staring at him again. Frustrated, the judge ordered security to seal the courtroom and ejected all journalists so he could give Costello a dressing down. When the journalists returned, Costello’s face had turned beet red, and he continued to answer questions from defense lawyer Emil Bove about his minor role in the New York criminal case against the former president.

Costello’s testimony also shed light on Michael Cohen’s behavior after the FBI raided his apartment in search of evidence related to a campaign finance crime. According to Costello, Cohen was “suicidal that day and acting very manic.” Costello had advised Cohen that cooperating with the Southern District of New York and providing truthful information about Donald Trump would resolve his legal problems by the end of the week.

The courtroom drama continues, and the clash between the judge and the MAGA lawyer adds another layer of intensity to Trump’s trial. Stay tuned for further developments as this high-stakes legal battle unfolds.

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