WINNIPEG – The Canadian dollar was slightly higher on Tuesday despite declines in crude oil. As of 8:38 a.m. CDT, the loonie was at US$0.7783 or US$1=C$1.2849, compared to US$0.7755 or US$1=C$1.2895 on Monday. The United States Dollar Index eased off, losing 0.60 of a point at 103.15. While Beijing tightened its COVID-19 lockdown, curbs […] Read more

WINNIPEG – The Canadian dollar fell below the 78 United States cent mark on Monday while crude oil prices inched higher. The loonie closed at US$0.7755 or US$1=C$1.2895, down from US$0.7817 or US$1=C$1.2792 on Friday. The U.S. Dollar Index gained 0.68 of a point at 103.63, maintaining a 20-year high level over the past week. […] Read more

WINNIPEG – The Canadian dollar declined on Monday as the United States dollar regained its strength. As of 8:40 a.m. CDT, the loonie was at US$0.7750 or US$1=C$1.2903, compared to US$0.7817 or US$1=C$1.2792 on Friday. The U.S. Dollar Index is once again approaching a new 20-year high, gaining 0.57 of a point at 103.53. The […] Read more

WINNIPEG – The Canadian dollar was higher on Friday on the strength of good economic news from Statistics Canada, while the stock markets shut the door on one of the worst months since the start of the COVID-19 pandemic. The loonie closed at US$0.7817 or US$1=C$1.2792, up from US$0.7795 or US$1=C$1.2828 on Thursday. The national […] Read more

WINNIPEG – The Canadian dollar jumped early Friday after the release of welcome economic news from Statistics Canada. As of 8:41 a.m. CDT, the loonie was at US$0.7854 or US$1=C$1.2732, compared to US$0.7795 or US$1=C$1.2829 on Thursday. The national data agency reported that Canada’s economy grew for the 10th straight month, increasing 0.5 per cent […] Read more

WINNIPEG – The Canadian dollar remained unchanged on Thursday, but was still below 78 United States cents. The loonie closed at US$0.7795 or US$1=C$1.2828, the same value as on Wednesday, despite the ever-strengthening U.S. greenback. The U.S. Dollar Index gained 0.66 of a point at 103.62 after hitting 103.93 earlier in the day, the highest […] Read more

WINNIPEG – The Canadian dollar slipped further away from 78 United States cents on Thursday. As of 8:38 a.m. CDT, the loonie was at US$0.7779 or US$1=C$1.2855, compared to US$0.7795 or US$1=C$1.2828 on Wednesday. The U.S. Dollar Index gained 0.72 of a point at 103.67, where the index hasn’t reached since November 2002. Brent crude […] Read more

WINNIPEG – The Canadian dollar dipped below 78 United States cents on Wednesday for the first time since March 8, mainly due to a strengthening U.S. greenback. The loonie closed at US$0.7795 or US$1=C$1.2828, down from Tuesday’s close of US$0.7814 or US$1=C$1.2797. The U.S. Dollar Index gained 0.67 of a point at 102.97 after hitting […] Read more

WINNIPEG – The Canadian dollar dropped below 78 United States cents on Wednesday while crude oil prices eased off. As of 8:39 a.m. CDT, the loonie was at US$0.7790 or US$1=C$1.2837, compared to US$0.7814 or US$1=C$1.2797 on Tuesday. The U.S. Dollar Index gained 0.71 of a point at 103.02, reaching a level unseen since December […] Read more

WINNIPEG – The Canadian dollar closed at its lowest level since March 9 on Tuesday. The loonie closed at US$0.7814 or US$1=C$1.2797, down from Monday’s close of US$0.7838 or US$1=C$1.2758. The United States Dollar Index reached its highest level since March 15, 2020 when it gained 0.60 of a point at 102.35, marking six straight […] Read more