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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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Dow Leads US Futures Higher Following Nvidia Earnings

 

In the wake of Nvidia’s recent earnings report, U.S. stock futures are showing positive momentum. The Dow Jones Industrial Average futures have risen by 0.5%, indicating a potential return to record highs. Meanwhile, futures on the tech-heavy Nasdaq 100 and the S&P 500 have also seen modest gains, up 0.1% and 0.2% respectively.

Nvidia’s earnings, while solid, fell short of some investor expectations, leading to a reassessment of tech stocks’ prospects. Despite this, the overall market sentiment remains optimistic, with the Dow leading the charge.

Investors are closely watching how the market will react in the coming days, particularly in the tech sector, which has been a significant driver of recent market performance.


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