WINNIPEG – The Canadian dollar made a slight gain on Tuesday. The loonie closed at US$0.7479 or US$1=C$1.3370, up from US$0.7473 or US$1=C$1.3382 on Monday. The Bank of Canada (BoC) is expected to raise its key interest rate on Wednesday. The United States Dollar Index lost 0.19 of a point at 101.95. Crude oil prices […] Read more

WINNIPEG – The Canadian dollar was virtually unchanged on Tuesday morning. The loonie was at US$0.7472 or US$1=C$1.3383, down from US$0.7473 or US$1=C$1.3382 at Monday’s close. The United States Dollar Index was up 0.01 of a point at 102.15. Crude oil was a little bit higher on Tuesday as traders assess demand from China. Brent […] Read more

WINNIPEG – The Canadian dollar started the week on a positive note. The loonie closed at US$0.7473 or US$1=C$1.3382, up from US$0.7451 or US$1=C$1.3421 on Friday. The United States Dollar Index gained 0.04 of a point at 104.06. Crude oil prices were steady to higher on Monday, due to increasing Chinese demand and decreasing Russian […] Read more

WINNIPEG – The Canadian dollar was mainly steady to start the week. The loonie was at US$0.7458 or US$1=C$1.3408, up from US$0.7451 or US$1=C$1.3421 at Friday’s close. The United States Dollar Index was up 0.21 of a point at 102.23. Crude oil was higher on Monday as the U.S. greenback weakened against other currencies and […] Read more

Compiled by MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar advanced by nearly three-tenths of a cent on Friday, propelled by higher crude oil prices and a slight step back in the United States dollar. The loonie closed at US$0.7451 or US$1=C$1.3421, compared to Thursday’s close of US$0.7423 or US$1=C$1.3472. On the U.S. Dollar […] Read more

By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar was slightly lower on Friday morning, with increases in the United States dollar offsetting small upticks in global crude oil prices. As of 8:38 am CST, the loonie was unchanged at US$0.7412 or C$1.3494, compared to Thursday’s close of US$0.7423 or US$1=C$1.3472. On the U.S. […] Read more

Compiled by MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar retreated a little bit more on Thursday, adding more to the losses incurred yesterday. The loonie closed at US$0.7423 or US$1=C$1.3472, compared to Wednesday’s close of US$0.7441 or US$1=C$1.3439. On the U.S. Dollar Index, the greenback was down 0.262 of a point at 101.845. […] Read more

By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar was a little lower on Thursday morning, with not enough support or pressure coming from the United States dollar and crude oil prices to set a course. As of 8:40 am CST, the loonie was at US$0.7430 or C$1.3459, compared to Wednesday’s close of US$0.7441 […] Read more

Compiled by MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar pulled back on Wednesday, giving up recent gains due to a reversal in crude oil prices. The loonie closed at US$0.7441 or US$1=C$1.3439, compared to Tuesday’s close of US$0.7468 or US$1=C$1.3390. On the U.S. Dollar Index, the greenback nudged up 0.024 of a point […] Read more

By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar was slightly higher on Wednesday morning, due to weakness in the United States dollar and gains in crude oil prices. As of 8:40 am CST, the loonie was at US$0.7474 or C$1.3376, compared to Tuesday’s close of US$0.7468 or C$1.3390. On the U.S. Dollar Index, […] Read more