Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar was stepping back on Thursday morning, as crude oil prices lost a little bit of ground. As of 8:38 am CST, the loonie was at US$0.7347 or C$1.3608, compared to Wednesday’s close of US$0.7382 or C$1.3547. On the U.S. Dollar Index, the […] Read more
Canadian Dollar and Business Outlook: Crude pulls loonie downward
Keystone pipeline reopens
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
Canadian Financial Close: Loonie retreats, crude oil makes gains
WINNIPEG – The Canadian dollar took a step back to end the week. The loonie closed at US$0.7337 or US$1=C$1.3630, down from US$0.7363 or US$1=C$1.3582 on Thursday. The United States Dollar Index gained 0.20 of a point at 104.98. Crude oil prices were slightly higher on Friday, while the Keystone pipeline will attempt a partial […] Read more
Canadian Dollar and Business Outlook: Loonie down, crude oil turns positive
WINNIPEG – The Canadian dollar erased the previous day’s gains on Friday morning. The loonie was at US$0.7328 or US$1=C$1.3646, down from US$0.7363 or US$1=C$1.3582 at Thursday’s close. The United States Dollar Index gained 0.15 of a point at 104.92. Crude oil made slight gains on Friday after Russia said it may cut oil production […] Read more
Canadian Financial Close: Loonie up, crude oil lower
WINNIPEG – The Canadian dollar moved upward on Thursday. The loonie closed at US$0.7363 or US$1=C$1.3582, up from US$0.7331 or US$1=C$1.3640 on Wednesday. The United States Dollar Index declined 0.31 of a point at 104.80. After morning gains due to a leak and resulting shutdown of the Keystone oil pipeline, crude oil prices were lower […] Read more