Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 9 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning, as losses in crude oil and world equity markets helped take the currency off its recently hit seven-week highs. At 8:46 a.m. CDT Thursday morning the Canadian dollar was at US$0.7947 or C$1.2583 which compares with Wednesday’s North American close of […] Read more

Canadian Financial Close: Loonie inches upward again

Riding higher crude prices

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The Canadian dollar nudged up a little high for the third consecutive day on Wednesday, spurred on by rising crude oil prices, but tempered by a stronger United States dollar. The loonie closed at US$0.7974 or US$1=C$1.2540, compared to Tuesday’s close of US$0.7965 or US$1=C$1.2555. […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 8 (MarketsFarm) The Canadian dollar was slightly firmer Wednesday morning, holding relatively rangebound after posting solid gains relative to its United States counterpart over the past week. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Tuesday’s North American close of US$0.7965 or […] Read more

Canadian Financial Close: Loonie sees another small gain

Strength from higher crude and lower greenback

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The Canadian dollar nudged a little higher on Tuesday, benefitting from a weaker United States dollar and stronger crude oil prices. The loonie closed at US$0.7965 or US$1=C$1.2555, compared to Monday’s close of US$0.7959 or US$1=C$1.2564. On the U.S. Dollar Index, the greenback gave up […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 7 (MarketsFarm) The Canadian dollar was softer Tuesday morning, reacting to updated trade data. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Monday’s North American close of US$0.7959 or C$1.2564. Canada’s trade surplus narrowed to C$1.5 billion in April, from a revised […] Read more

Canadian Financial Close: Loonie nudges up regardless of pressure

Greenback higher, crude oil dips

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – The Canadian dollar edged a little higher on Monday, despite a rise in the United States dollar and losses in crude oil prices. The loonie closed at US$0.7959 or US$1=C$1.2564, compared to Friday’s close of US$0.7950 or US$1=C$1.2579. On the U.S. Dollar Index, the greenback […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 6 (MarketsFarm) The Canadian dollar was firmer Monday morning, with strength in crude oil and world equities providing some support. At 8:58 a.m. CDT Monday morning the Canadian dollar was at US$0.7968 or C$1.2550 which compares with Friday’s North American close of US$0.7950 or C$1.2579. A move by Saudi Arabia to […] Read more