CBC.ca | Canadian dollar jumps ahead on weaker greenback, stronger oil CBC.ca The Canadian dollar moved higher Monday amid an uptick in oil prices and a weakening U.S. dollar. At midday, the loonie was at 79.80 US cents, up 1 ½ cents from its low last week. After taking a steep plunge last week, crude was in recovery, in part ... Oil Prices Rise as Dollar Weakens Oil rebounds after U.S. dollar's decline boosts appeal to investors Oil slips close to $55 as Saudi output rises to near record |