WINNIPEG – The Canadian dollar inched closer to the 75 United States cent mark on Monday. The loonie closed at US$0.7495 or US$1=C$1.3343, up from US$0.7484 or US$1=C$1.3362 on Friday. The U.S. Dollar Index lost 0.35 of a point at 103.28. Crude oil prices were lower as loadings at the Turkish port of Ceyhan resumed […] Read more
Canadian Financial Close: Loonie up, crude oil dips
Canadian Dollar and Business Outlook: Loonie steady, oil declines
WINNIPEG – The Canadian dollar was virtually unchanged on Monday morning. The loonie was at US$0.7487 or US$1=C$1.3356, up from US$0.7484 or US$1=C$1.3362 at Friday’s close. The United States Dollar Index was down 0.01 of a point at 103.63. Crude oil declined on Monday morning after tanker loadings resumed at the Ceyhan terminal in Turkey, […] Read more
Canadian Financial Close: Loonie advances ahead of weekend
Jobs report, crude oil provide support
Compiled by MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar was up Friday by more than a third of a cent due to a strong jobs report and strength in crude oil prices. An increase in the United States dollar tempered the upswing in the loonie The dollar closed at US$0.7484 or US$1=C$1.3362, compared […] Read more
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