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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Sunday, January 24, 2016

Canadian dollar rallies as oil price climbs after ECB comments

The Canadian dollar strengthened the most in 10 months as crude-oil prices rose following signals the European Central Bank may take further measures to stimulate that region’s economy.

The currency rose for a second day after snapping its longest-ever 13-day losing streak. Oil climbed above $30 a barrel and equity markets jumped after ECB President Mario Draghi said global economic risks have escalated and the central bank will consider additional monetary stimulus in March.

"More ECB easing has helped to prop up European risk assets and that has a spillover effect on to the high-beta commodity currencies," said Mazen Issa, senior foreign-exchange strategist at Toronto-Dominion Bank in New York. "The risks tilt to the downside the longer that oil prices remain at these levels."

The loonie, as the Canadian dollar is known for the image of the aquatic bird on the C$1 coin, gained 1.7 percent to C$1.4251 per U.S. dollar, as of 12:12 p.m. in Toronto. It gained the most on a closing basis since March 18, 2015. One loonie buys 70.11 U.S. cents.

MBN

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