Canadian Dollar and Business Outlook: Loonie climbing

StatCan reports surge in job growth

WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar was higher on Friday morning, benefitting from a strong jobs report and upticks in crude oil. As of 8:43 am CST, the loonie was at US$0.7483 or C$1.3361, compared to Thursday’s close of US$0.7448 or US$1=C$1.3427. On the U.S. Dollar Index, the greenback tacked on 0.124 of […] Read more


Canadian Financial Close: Loonie remains steady

Greenback, crude oil down on the day

Compiled by MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday, despite weakness in the United States dollar and in global crude oil. The loonie closed at US$0.7448 or US$1=C$1.3427, compared to Wednesday’s close of US$0.7447 or US$1=C$1.3429. On the U.S. Dollar Index, the greenback was down 0.132 of a […] Read more

Canadian Dollar and Business Outlook: Loonie gains off of weaker greenback

Oil slips back, adding pressure

By MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar pushed higher on Thursday morning, aided by weakness in the United States dollar. As of 8:40 am CST, the loonie was at US$0.7468 or C$1.3391, compared to Wednesday’s close of US$0.7447 or US$1=C$1.3429. On the U.S. Dollar Index, the greenback gave up 0.717 of a […] Read more


Canadian Financial Close: Loonie sees tiny increase

BoC issues summary of deliberations for first time

Compiled by MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar held relatively steady on Wednesday as pressure from a small increase in the United States dollar helped to balance off support from crude oil. The loonie closed at US$0.7447 or US$1=C$1.3429, compared to Tuesday’s close of US$0.7443 or US$1=C$1.3432. On the U.S. Dollar Index, […] Read more

Canadian Dollar and Business Outlook: Loonie bumps up

Support from gains in crude oil

By MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar edged up on Wednesday morning due to a small decline in the United States dollar and increases in crude oil prices. As of 8:35 am CST, the loonie was at US$0.7450 or C$1.3419, compared to Tuesday’s close of US$0.7443 or US$1=C$1.3435. On the U.S. Dollar […] Read more


Canadian Financial Close: Loonie changes little despite support

Greenback dips, crude pil soars

Compiled by MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday although the United States dollar eased back and crude oil prices surged ahead. The loonie closed at US$0.7443 or US$1=C$1.3435, compared to Monday’s close of US$0.7439 or US$1=C$1.3442. On the U.S. Dollar Index, the greenback lost 0.263 of a […] Read more

Canadian Dollar and Business Outlook: Loonie yields a small amount of ground

Small uptick in crude tempering declines

By MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – The Canadian dollar eased back on Tuesday morning as its United States counterpart lurched forward while small gains in crude oil tempered further declines. As of 8:35 am CST, the loonie was at US$0.7433 or C$1.3453, compared to Monday’s close of US$0.7439 or US$1=C$1.3442. On the U.S. Dollar […] Read more