CTV News | Canadian dollar 'confused' by oil swings, but could yet retake 80-cent mark The Globe and Mail “The wild competition between the leading oil producers continues favouring a cheaper oil, and this new dynamic could bring traders to unwind the long positions in the Canadian dollar that were ... built on hopes to see an agreement to freeze oil ... Loonie gains ground as crude oil price heads higher Loonie gains ground, reaches 9-month high as oil prices bounce back Canadian dollar hits 79 cents for 1st time since July 2015 |