Canadian Dollar and Business Outlook: Loonie holding firm

Uptick in greenback while crude slips

By MarketsFarm WINNIPEG, July 14 (MarketsFarm) – The Canadian dollar was relatively steady on Friday morning, in light of a slight increase in the United States dollar and minute decreases in global crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7613 or C$1.3137, compared to Thursday’s close of US$0.7617 or US$1=C$1.3128. […] Read more

Canadian Financial Close: Loonie gaining more strength

Greenback loses more ground, crude oil on the rise

Compiled by MarketsFarm WINNIPEG, July 13 (MarketsFarm) – The Canadian dollar eclipsed the 76 U.S. cent mark on Thursday, gleaning support from continued losses in the United States dollar and increases in crude oil prices. The loonie closed at US$0.7617 or US$1=C$1.3128, compared to Wednesday’s finish of US$0.7583 or US$1=C$1.3188. On the U.S. Dollar Index […] Read more


Canadian Dollar and Business Outlook: Inching towards 76 U.S. cents

Greenback slides to lowest levels in more than a year

By MarketsFarm WINNIPEG, July 13 (MarketsFarm) – The Canadian dollar was higher on Thursday morning, largely due to a weaker United States dollar. As of 8:37 am CDT, the loonie was at US$0.7598 or C$1.3157, compared to Wednesday’s close of US$0.7583 or US$1=C$1.3188. On the U.S. Dollar Index, the greenback dropped 0.378 of a point […] Read more

Canadian Financial Close: Loonie climbs higher by more than four-tenths

U.S. greenback takes a tumble

Compiled by MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, benefitting largely from a weaker United States counterpart, along with small gains in crude oil prices. The loonie closed at US$0.7583 or US$1=C$1.32188, compared to Tuesday’s finish of US$0.7541 or US$1=C$1.3260. On the U.S. Dollar Index the greenback fell sharply […] Read more


Canadian Dollar and Business Outlook: Loonie on the rise

BoC rate announcement this morning

By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning, getting strength from a weaker United States dollar and small upticks in global crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7574 or C$1.3199, compared to Tuesday’s close of US$0.7541 or US$1=C$1.3260. On the United States […] Read more

Canadian Financial Close: Loonie rises more than tenth of a cent

Support from higher crude prices

Compiled by MarketsFarm WINNIPEG, July 11 (MarketsFarm) – The Canadian dollar pushed upward on Tuesday, gaining ground on losses in the United States dollar and on upticks in global crude oil prices. The loonie closed at US$0.7541 or US$1=C$1.3260, compared to Monday’s finish of US$0.7528 or US$1=C$1.3284. On the U.S. Dollar Index the greenback was […] Read more


Canadian Dollar and Business Outlook: Loonie gains a little bit of ground

Crude oil inches up, provides support

By MarketsFarm WINNIPEG, July 11 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning, benefitting from the gains in crude oil prices and a dip in the United States dollar. As of 8:35 am CDT, the loonie was at US$0.7539 or C$1.3270, compared to Monday’s close of US$0.7528 or US$1=C$1.3284. On the United […] Read more

Canadian Financial Close: Only slight movement in loonie

Greenback slips back

Compiled by MarketsFarm WINNIPEG, July 10 (MarketsFarm) – The Canadian dollar was relatively steady on Monday, nudging up a small amount in light of a weaker United States dollar. The loonie closed at US$0.7528 or US$1=C$1.3284, compared to Friday’s finish of US$0.7523 or US$1=C$1.3293. On the U.S. Dollar Index the greenback was down 0.315 of […] Read more