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 Dollar and Business Outlook: Loonie holding firm
Uptick in greenback while crude slips
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
Canadian Financial Close: Loonie, gold jump to end week
WINNIPEG – The Canadian dollar rebounded above 75 United States cents to end the week. The loonie closed at US$0.7523 or US$1=C$1.3292 on Friday, compared to US$0.7492 or US$1=C$1.3348 on Thursday. Statistics Canada (StatCan) reported earlier today that 60,000 jobs were added in June, but the unemployment rate rose to 5.4 per cent. The U.S. […] Read more
Canadian Dollar and Business Outlook: Loonie higher, crude oil slips
WINNIPEG – The Canadian dollar found its way above the 75 United States cent mark on Friday morning. The loonie was at US$0.7508 or US$1=C$1.3319, up from US$0.7492 or US$1=C$1.3348 on Thursday. Statistics Canada reported earlier today that the country added 60,000 jobs in June, but the unemployment rate rose to 5.4 per cent, the […] Read more