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

WINNIPEG – The Canadian dollar retreated on Tuesday as crude oil prices are pulled in opposite directions. As of 8:39 a.m. CDT, the loonie was at US$0.7817 or US$1=C$1.2793, compared to US$0.7838 or US$1=C$1.2758 on Monday. The U.S. Dollar Index gained 0.17 of a point at 101.92, marking the sixth consecutive day the index was […] Read more

WINNIPEG – The Canadian dollar dropped on Monday as did crude oil prices. The loonie closed at US$0.7838 or US$1=C$1.2758, down from Friday’s close of US$0.7873 or US$1=C$1.2702. The Canadian dollar’s value against the United States greenback is at its lowest level since March 15. The U.S. Dollar Index was up 0.51 of a point […] Read more

WINNIPEG – The Canadian dollar continued its downturn to start the week, declining with crude oil prices while also facing a rising United States dollar. As of 8:36 a.m. CDT, the loonie was at US$0.7833 or US$1=C$1.2767, compared to US$0.7873 or US$1=C$1.2702 on Friday. The U.S. Dollar Index gained 0.42 of a point at 101.64, […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar lost in excess of a penny on Friday, due to the increased strength of its United States counterpart and lower crude oil prices. The loonie closed at US$0.7873 or US$1=C$1.2702, compared to Thursday’s close of US$0.7981 or US$1=C$1.2529. Bank of Canada Governor […] Read more

By MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as declines in crude oil weighed on the energy-linked currency. At 8:42 a.m. CDT Friday morning the Canadian dollar was at US$0.7883 or US$1=C$1.2686, which compares with Thursday’s close of US$0.7981 or US$1=C$1.2529. Canadian retail sales were up by 0.1 per […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar stepped back on Thursday, as pressure from a stronger United States dollar outweighed support from crude oil prices. The loonie closed at US$0.7981 or US$1=C$1.2529, compared to Wednesday’s close of US$0.7999 or US$1=C$1.2502. On the United States Dollar Index, the greenback rose […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, due to higher than expected inflation pushing up the currency. The loonie closed at US$0.7999 or US$1=C$1.2502, compared to Tuesday’s close of US$0.7921 or US$1=C$1.2624. Statistics Canada reported that the Consumer Price Index came in higher than expectations, […] Read more

By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was higher Wednesday morning, as stronger-than-expected inflation data underpinned the currency. At 8:42 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7996 or US$1=C$1.2506, which compares with Tuesday’s close of US$0.7921 or US$1=C$1.2624. Statistics Canada reported that the country’s Consumer Price Index rose at […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday, following the global economic forecast from the International Monetary Fund (IMF) in which the outlook for Canada only changed slightly. The loonie closed at US$0.7921 or US$1=C$1.2624, compared to Monday’s close of US$0.7925 or US$1=C$1.2618. The IMF […] Read more