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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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Greek Workers Unite in Nationwide Strike for Wage Reform

On April 9, 2025, Greece witnessed a nationwide strike that brought the country to a standstill. Public and private sector workers staged a 24-hour walkout, demanding higher wages and the reinstatement of collective bargaining rights. The strike disrupted essential services, grounding flights, halting trains, and tying up ferries at ports. Public transport in Athens operated only part-time, while thousands of protesters gathered in the capital and other cities to voice their demands.

The strike comes amid rising living costs, with food, housing, and utilities becoming increasingly unaffordable for many households. Despite a cumulative 35% increase in the minimum wage to €880, workers argue that their purchasing power remains insufficient. Labour unions are calling for immediate pay raises and the restoration of annual bonuses that were scrapped during Greece's financial crisis.

This collective action highlights the growing frustration among workers as they struggle to make ends meet in the face of economic challenges. The government has promised further wage increases but cites fiscal constraints as a barrier to meeting all demands.


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