Canadian Financial Close: C$ hits 19-month lows

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its lowest levels in 19 months relative to its United States counterpart as losses in crude oil weighed on the energy-linked currency. The Canadian dollar closed at US$0.7672 or US$1=C$1.3035 on Friday, which compares with Thursday’s North American close of […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) The Canadian dollar was weaker Friday morning, dipping below 77 U.S. cents as mounting concerns over a global recession weighed on riskier assets. At 8:38 a.m. CDT Friday morning the Canadian dollar was at US$0.7670 or C$1.3038 which compares with Thursday’s North American close of US$0.7735 or C$1.2928. Canada’s […] Read more


Canadian Financial Close: C$ posts small gains

By MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The Canadian dollar was slightly firmer on Thursday, as gains in crude oil helped offset the pressure from declining equities. The Canadian dollar closed at US$0.7735 or US$1=C$1.2928 on Thursday, which compares with Wednesday’s North American close of US$0.7723 or US$1=C$1.2948. New sanctions by the United States against […] Read more

Canadian Dollar and Business Outlook: Loonie gains small amount

Lower greenback vs. weaker crude oil

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The Canadian dollar was relatively steady on Thursday morning, as the United States dollar pulled back and with weakness in crude oil. As of 8:42 am CDT, the Canadian dollar was at US$0.7727 or C$1.2943, compared to Wednesday’s close of US$0.7723 or C$1.2948. On the […] Read more