Canadian Financial Close: Loonie, crude oil fall again

WINNIPEG – The Canadian dollar fell to its lowest point since Nov. 3 on Tuesday. The loonie closed at US$0.7327 or US$1=C$1.3649, down from US$0.7390 or US$1=C$1.3532 on Monday. Statistics Canada reported on Tuesday that Canada’s trade surplus widened to C$1.2 billion in October, up from C$607 million from the previous month. Equifax Canada also […] Read more






Canadian Financial Close: C$ softer to end week

By MarketsFarm   WINNIPEG, Dec. 2 (MarketsFarm) – The Canadian dollar was weaker on Friday, as broad strength in the United States dollar internationally weighed on the currency. The Canadian dollar settled at US$0.7425 or US$1=C$1.3468 on Thursday, which compares with Thursday’s close of US$0.7444 or US$1=C$1.3433. Canada’s economy added 10,000 jobs in November, after […] Read more


Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Dec. 2 (MarketsFarm) – The Canadian dollar was softer Friday morning, as monthly employment data showed little change. At 8:33 a.m. CST Friday morning the Canadian dollar was at US$0.7432 or US$1=C$1.3455, which compares with Thursday’s close of US$0.7444 or US$1=C$1.3433. Canada’s economy added 10,000 jobs in November, after an increase […] Read more

Canadian Financial Close: C$ strengthens

By MarketsFarm WINNIPEG, Dec. 1 (MarketsFarm) – The Canadian dollar was stronger on Thursday, although expectations that the Bank of Canada may slow its pace of interest rate hikes tempered the advances. The Canadian dollar settled at US$0.7444 or US$1=C$1.3433 on Thursday, which compares with Wednesday’s close of US$0.7403 or US$1=C$1.3508. Comments from United States […] Read more