WINNIPEG – The Canadian dollar rebounded above the 78 United States cent mark on Thursday. The loonie closed at US$0.7817 or US$1=C$1.2792, up from US$0.7790 or US$1=C$1.2837 on Wednesday. Statistics Canada announced on Thursday that retail sales in Canada were virtually unchanged in March and estimated they would rise 0.8 per cent in April. Also, […] Read more

WINNIPEG – The Canadian dollar made a step upwards to start Thursday. As of 8:37 a.m. CDT, the loonie was at US$0.7801 or US$1=C$1.2819, compared to US$0.7790 or US$1=C$1.2837 on Wednesday. Both TD Bank and RBC exceeded second quarter profit expectations, but CIBC’s profits were lower than last year, according to earnings reports released this […] Read more

WINNIPEG – The Canadian dollar dipped slightly to end the day on Wednesday. The loonie closed at US$0.7790 or US$1=C$1.2837, down from US$0.7797 or US$1=C$1.2826 on Tuesday. The United States Dollar Index jumped 0.30 of a point at 102.16. Officials at the Federal Reserve, in its policy meeting earlier this month, said in its minutes […] Read more

WINNIPEG – The Canadian dollar stepped back further from the 78 United States cent mark on Wednesday. As of 8:35 a.m. CDT, the loonie was at US$0.7787 or US$1=C$1.2842, compared to US$0.7797 or US$1=C$1.2826 on Tuesday. The U.S. Dollar Index gained 0.45 of a point to 102.31 as policy meeting minutes from the U.S. Federal […] Read more

WINNIPEG – The Canadian dollar remained on the negative side of 78 United States cents on Tuesday. The loonie closed at US$0.7797 or US$1=C$1.2826, up a pinch from US$0.7795 or US$1=C$1.2829 on Friday. The Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the Victoria Day holiday. The U.S. […] Read more

WINNIPEG – The Canadian dollar found its way back to the positive side of 78 United States cents on Tuesday. As of 8:30 a.m. CDT, the loonie was at US$0.7813 or US$1=C$1.2799, compared to US$0.7795 or US$1=C$1.2829 on Friday. The Bank of Canada (BoC) did not report the exchange rate on Monday due to the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar eased back on Friday, as pressure from a stronger United States and support from higher crude oil prices almost balanced each other. The loonie closed at US$0.7795 or US$1=C$1.2829, compared to Thursday’s close of US$0.7807 or US$1=C$1.2809. On the U.S. Dollar Index, […] Read more

By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar was holding steady Friday morning, lacking any clear direction as investors adjusted positions ahead of the weekend. At 8:43 a.m. CDT Friday morning the Canadian dollar was at US$0.7815 or US$1=C$1.2796, which compares with Thursday’s close of US$0.7807 or US$1=C$1.2809. A move by China to […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday, amid a downturn in the markets. The loonie closed at US$0.7788 or US$1=C$1.2841, compared to Tuesday’s close of US$0.7792 or US$1=C$1.2834. On the United States Dollar Index, the greenback rose 0.528 of a point at 103.935. Benchmark […] Read more

By MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar was holding firm Wednesday morning, finding support from gains in crude oil. At 8:50 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7793 or US$1=C$1.2832, which compares with Tuesday’s close of US$0.7792 or US$1=C$1.2834. Canada’s consumer price index was up by 6.8 per cent […] Read more