WINNIPEG – The Canadian dollar made a slight gain on Friday morning after the release of positive economic news from Statistics Canada (StatCan). The loonie was at US$0.7391 or US$1=C$1.3530, up from US$0.7372 or US$1=C$1.3564 at Thursday’s close. StatCan reported on Friday that the Canadian economy added 104,000 jobs in December while also cutting the […] Read more

WINNIPEG – The Canadian dollar dropped below 74 United States cents on Thursday. The loonie closed at US$0.7372 or US$1=C$1.3564, down from US$0.7403 or US$1=C$1.3508 on Wednesday. The U.S. Dollar Index gained 0.91 of a point at 105.15. Crude oil prices rebounded on Thursday as the market corrected itself amid new COVID-19 infections in China. […] Read more

WINNIPEG – The Canadian dollar dropped below 74 United States cents on Thursday morning. The loonie was at US$0.7386 or US$1=C$1.3539, down from US$0.7403 or US$1=C$1.3508 at Wednesday’s close. Statistics Canada (StatCan) reported on Thursday that the country recorded a trade deficit of C$41 million last November due to a decline in energy exports, which […] Read more

WINNIPEG – The Canadian dollar regained upward momentum on Wednesday to reach a month-long high. The loonie closed at US$0.7403 or US$1=C$1.3508, up from US$0.7322 or US$1=C$1.3658 on Tuesday. The last time the Canadian dollar closed above 74 United States cents was on Dec. 2, 2022. The U.S. Dollar Index declined 0.26 of a point […] Read more

WINNIPEG – The Canadian dollar regained positive momentum on Wednesday after suffering a big drop on Tuesday. The loonie was at US$0.7384 or US$1=C$1.3543, up from US$0.7322 or US$1=C$1.3658 at Tuesday’s close. The United States Dollar Index declined 0.47 of a point at 104.05. Crude oil continued its slide on Wednesday due to the rising […] Read more

WINNIPEG – The Canadian dollar took a tumble to start 2023. The loonie closed at US$0.7322 or US$1=C$1.3658, down from US$0.7383 or US$1=C$1.3544 on Dec. 30. The Bank of Canada (BoC) did not post an exchange rate on Jan. 2 due to the New Year’s Day holiday. The U.S. Dollar Index jumped 1.12 points at […] Read more

WINNIPEG – The Canadian dollar was in decline to start 2023. The loonie was at US$0.7325 or US$1=C$1.3652, down from US$0.7383 or US$1=C$1.3544 at Friday’s close. The Bank of Canada (BoC) did not post an exchange rate on Jan. 2 due to the New Year’s Day holiday. The United States Dollar Index surged 0.98 of […] Read more

WINNIPEG – The Canadian dollar ended 2022 on a positive note on Friday. The loonie closed at US$0.7383 or US$1=C$1.3544, up from US$0.7376 or US$1=C$1.3557 on Thursday. By comparison, the Bank of Canada’s (BoC) exchange rate on Dec. 31, 2021 was 79.01 United States cents. The U.S. Dollar Index declined 0.34 of a point at […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – The Canadian dollar pushed higher on Friday morning on the final day of trading for 2022. As of 8:43 am CST, the loonie was at US$0.7387 or C$1.3540, compared to Thursday’s close of US$0.7376 or C$1.3557. On the U.S. Dollar Index, the greenback stepped back […] Read more

WINNIPEG – The Canadian dollar made a small gain on Thursday. The loonie closed at US$0.7376 or US$1=C$1.3557, up from US$0.7372 or US$1=C$1.3565 on Wednesday. The United States Dollar Index gained 0.36 of a point at 104.54. Crude oil prices were down on Thursday as U.S. stockpiles rose and fears of lower demand in China […] Read more