WINNIPEG – The Canadian dollar dropped below the 75 United States cent mark on Thursday morning. As of 8:35 a.m. CST, the loonie was at US$0.7475 or US$1=C$1.3378, down from US$0.7513 or US$1=C$1.3311 at Wednesday’s close. On Wednesday, StatCan reported that Canada’s annual inflation rate was steady at 6.9 per cent in October. The U.S. […] Read more

WINNIPEG – The Canadian dollar had a slight decline on Wednesday. The loonie closed at US$0.7513 or US$1=C$1.3311, down from US$0.7524 or US$1=C$1.3290 on Tuesday. Earlier today, Statistics Canada (StatCan) reported that Canada’s annual inflation rate held steady in October compared to the previous month at 6.9 per cent. However, gasoline prices jumped by 9.2 […] Read more

WINNIPEG – The Canadian dollar remains steady on Wednesday after the release of economic data from Statistics Canada (StatCan). As of 8:40 a.m. CST, the loonie was at US$0.7524 or US$1=C$1.3290, unchanged from Tuesday’s close. This morning, StatCan reported that Canada’s annual inflation rate was steady at 6.9 per cent in October. Gasoline prices jumped […] Read more

WINNIPEG – The Canadian dollar was left mostly unchanged on Tuesday. The loonie closed at US$0.7524 or US$1=C$1.3290, down from US$0.7526 or US$1=C$1.3288 on Monday. Earlier today, Statistics Canada (StatCan) reported that manufacturing sales were unchanged in October at C$70.4 billion. The United States Dollar Index declined 0.16 of a point at 106.50. Crude oil […] Read more

WINNIPEG – The Canadian dollar stayed steady for the most part on Tuesday. As of 8:36 a.m. CST, the loonie was at US$0.7518 or US$1=C$1.3301, compared to US$0.7526 or US$1=C$1.3288 on Monday. It was the first time the Canadian dollar closed above 75 United States cents since Sept. 19. The U.S. Dollar Index lost 0.69 […] Read more

WINNIPEG – For the first time in nearly two months, the Canadian dollar closed above the 75 United States cent mark on Monday. The loonie closed at US$0.7526 or US$1=C$1.3288, up from US$0.7475 or US$1=C$1.3378 on Thursday and the highest the dollar has been since Sept. 19. The Bank of Canada (BoC) did not post […] Read more

WINNIPEG – The Canadian dollar surged above the 75 United States cent mark to start the week. As of 8:35 a.m. CST, the loonie was at US$0.7531 or US$1=C$1.3278, compared to US$0.7475 or US$1=C$1.3378 on Thursday. The Bank of Canada (BoC) did not post an exchange rate on Friday due to Remembrance Day. The United […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar turned around on Thursday to push higher as its United States counterpart fell sharply. The loonie closed at US$0.7475 or US$1=C$1.3378, compared to Wednesday’s close of US$0.7418 or US$1=C$1.3480. On the U.S. Dollar Index, the greenback plummeted 2.580 points at 107.875. The […] Read more

By MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar was showing some strength Thursday morning, underpinned by lower-than-expected inflation data out of the United States. At 8:37 a.m. CST Thursday morning the Canadian dollar was at US$0.7460 or US$1=C$1.3405, which compares with Wednesday’s close of US$0.7418 or US$1=C$1.3480. The U.S. consumer price index was […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar stepped back on Wednesday as the United States dollar pushed higher due to uncertainty over the country’s midterm elections. The loonie closed at US$0.7418 or US$1=C$1.3480, compared to Tuesday’s close of US$0.7440 or US$1=C$1.3441. On the U.S. Dollar Index the greenback advanced […] Read more