Canadian Financial Close: Loonie follows U.S. dollar

Both lower after fed interest rate hike

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar eased back on Wednesday, following an announcement from the United States Federal Reserve. The loonie closed at US$0.7374 or US$1=C$1.3561, compared to Monday’s close of US$0.7382 or US$1=C$1.3547. On the U.S. Dollar Index, the greenback gave up 0.337 of a point at […] Read more


Canadian Dollar and Business Outlook: Loonie eases back

Fed interest rate announcement at 1 CST

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning, in light of little movement in the United States dollar. As of 8:31 am CST, the loonie was at US$0.7371 or C$1.3568, compared to Tuesday’s close of US$0.7382 or C$1.3547. On the U.S. Dollar Index, the greenback […] Read more

Canadian Financial Close: Loonie turns around to finish higher

U.S. dollar takes a tumble

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, due to weakness in its United States counterpart and solid upticks in crude oil prices. The loonie closed at US$0.7382 or US$1=C$1.3547, compared to Monday’s close of US$0.7322 or US$1=C$1.3658. On the U.S. Dollar Index, the greenback dropped […] Read more


Canadian Dollar and Business Outlook: Loonie getting a bounce

Greenback slides lower, crude on the rise

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was stronger on Tuesday morning, as the United States dollar fell back and crude oil prices gained ground. As of 8:38 am CST, the Canadian dollar was at US$0.7375 or C$1.3557, compared to Monday’s close of US$0.7322 or C$1.3658. On the U.S. […] Read more

Canadian Financial Close: Loonie slips

BoC's Macklem focussed on fighting inflation

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar eased back a little on Monday, as the United States dollar made a small advance. The loonie closed at US$0.7322 or US$1=C$1.3658, compared to Friday’s close of US$0.7337 or US$1=C$1.3630. On the U.S. Dollar Index, the greenback advanced 0.170 of a point […] Read more


Canadian Dollar and Business Outlook: Loonie falls back to start new week

Greenback relatively steady., crude up a pinch

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar was lower on Monday morning, despite small declines in the United States dollar and slight uptick in crude oil prices. As of 8:42 am CST, the Canadian dollar was at US$0.7312 or C$1.3677, compared to Friday’s close of US$0.7337 or C$1.3630. On […] Read more