Canadian Financial Close: Loonie tacks on nearly a half cent

U.S. greenback takes a tumble

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, getting support from a weaker United States dollar, higher crude oil prices and a sharp uptick in the Toronto Stock Exchange. The loonie closed at US$0.7367 or US$1=C$1.3574, compared to Monday’s close of US$0.7320 or US$1=C$1.3662. On the […] Read more

Canadian Dollar and Business Outlook: Loonie making small gains

Greenback gives up more than three-quarters of a point

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning, aided by a weaker United States dollar and rising crude oil prices. As of 8:34 am CDT, the Canadian dollar was at US$0.7334 or C$1.3636, compared to Monday’s close of US$0.7320 or C$1.3662. On the U.S. […] Read more


Canadian Financial Close: Loonie well over 73 U.S. cents

Gets support from spike in crude oil

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The Canadian dollar closed higher on Monday, adding nearly a quarter of a cent as the United States dollar pulled back and crude oil prices swung upward. The loonie closed at US$0.7320 or US$1=C$1.3662, compared to Thursday’s close of US$0.7296 or US$1=C$1.3707. On the U.S. […] Read more

Canadian Dollar and Business Outlook: Greenback stymies loonie

Higher crude prices foiled by U.S. dollar

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The Canadian dollar was virtually unchanged on Monday morning as a strong United States dollar countered any gains from a spike in global crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7298 or C$1.3699, compared to Thursday’s close of US$0.7296 […] Read more


Canadian Financial Close: C$ weakens

By MarketsFarm WINNIPEG, Sep. 30 (MarketsFarm) – The Canadian dollar saw continued weakness relative to its United States counterpart on Friday, although there was no official close due to the National Day for Truth and Reconciliation. The Canadian dollar was trading at US$0.7241 or US$1=C$1.3810 late Friday, which compares with Thursday’s close of US$0.7296 or […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The Canadian dollar was slightly weaker Friday morning, although activity was thin with many Canadian government and financial institutions closed for the National Day for Truth and Reconciliation. At 8:41 a.m. CDT Friday morning the Canadian dollar was at US$0.7280 or US$1=C$1.3736, which compares with Thursday’s close of […] Read more


Canadian Financial Close: C$ weakens

By MarketsFarm WINNIPEG, Sep. 29 (MarketsFarm) – The Canadian dollar was weaker on Thursday, amid broad global economic uncertainty and a general tone of risk aversion in the financial markets. The Canadian dollar settled at US$0.7296 or US$1=C$1.3707 on Thursday, which compares with Wednesday’s close of US$0.7321 or US$1=C$1.3660. The weakness in the currency came […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was slightly weaker Thursday morning as investors reacted to updated domestic economic data. At 8:45 a.m. CDT Thursday morning the Canadian dollar was at US$0.7310 or US$1=C$1.3680, which compares with Wednesday’s close of US$0.7321 or US$1=C$1.3660. Canada’s gross domestic product was up by 0.1 per […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar was slightly firmer Wednesday morning, as the currency held above the multi-year lows hit earlier in the week. At 8:44 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7300 or US$1=C$1.3699, which compares with Tuesday’s close of US$0.7285 or US$1=C$1.3726. A firmer tone in […] Read more

Canadian Financial Close: C$ holds rangebound

Canadian Financial Close: C$ holds rangebound By MarketsFarm WINNIPEG, Sep. 27 (MarketsFarm) – The Canadian dollar held within a narrow range on Tuesday, seeing some consolidation after dropping sharply relative to its United States counterpart on Monday. The Canadian dollar settled at US$0.7285 or US$1=C$1.3726 on Tuesday, which compares with Monday’s close of US$0.7291 or […] Read more