Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 11 (MarketsFarm) – The Canadian dollar was lower on Monday morning, following an increase in the United States dollar and sharp declines in global crude oil prices. As of 8:35 am CDT, the Canadian dollar was at US$0.7929 or C$1.2610, compared to Friday’s close of US$0.7943 or C$1.2589. […] Read more

WINNIPEG – The Canadian dollar remained relatively steady on Friday despite record-breaking job data from Statistics Canada. The loonie closed at US$0.7943 or US$1=C$1.2589, down from Thursday’s close of US$0.7947 or US$1=C$1.2584. Earlier on Friday, Canada’s central data agency reported that the country added 72,500 jobs to the economy in March, reducing the unemployment rate […] Read more

WINNIPEG – The Canadian dollar took a step back on Friday despite welcome economic news from Statistics Canada. As of 8:37 a.m. CDT, the loonie was at US$0.7932 or US$1=C$1.2607, compared to Thursday’s closing value of US$0.7947 or US$1=C$1.2584. Canada’s central data agency reported on Friday that the economy added 72,500 jobs in March, reducing […] Read more

WINNIPEG – The Canadian dollar dropped on Thursday as the federal government tabled its budget in the House of Commons. The loonie closed at US$0.7947 or US$1=C$1.2584, down from Wednesday’s close of US$0.7994 or US$1=C$1.2509. The federal budget, which will reportedly include a surtax on financial institutions that made huge profits during the COVID-19 pandemic […] Read more

WINNIPEG – Hours ahead of the federal government unveiling its latest budget in the House of Commons, the Canadian dollar fell further on Thursday. As of 8:39 a.m. CDT, the loonie was at US$0.7954 or US$1=C$1.2572, compared to Wednesday’s closing value of US$0.7994 or US$1=C$1.2509. The budget reportedly will include a surtax on financial institutions […] Read more

WINNIPEG – The Canadian dollar fell below the 80 United States cent mark after markets closed on Wednesday. The loonie closed at US$0.7994 or US$1=C$1.2509, down from Tuesday’s close of US$0.8031 or US$1=C$1.2451. The federal government will table its budget on Thursday, which will reportedly include a surtax on financial institutions that made huge profits […] Read more

WINNIPEG – After a jump on Tuesday, the Canadian dollar took a sharp downturn early Wednesday. As of 8:39 a.m. CDT, the loonie was at US$0.8005 or US$1=C$1.2492, compared to Tuesday’s closing value of US$0.8031 or US$1=C$1.2451. The federal government will table its budget in the House of Commons on Thursday, which reportedly will include […] Read more

WINNIPEG – The Canadian dollar jumped on Tuesday, while crude oil prices were in a downturn. The loonie closed at US$0.8031 or US$1=C$1.2451, up from Monday’s close of US$0.8006 or US$1=C$1.2490. The United States Dollar Index was up 0.49 of a point at 99.49, its highest point since May 2020. Crude oil prices dropped on […] Read more

WINNIPEG – The Canadian dollar had a sharp morning rise on Tuesday. As of 8:36 a.m. CDT, the loonie was at US$0.8060 or US$1=C$1.2407, compared to Monday’s closing value of US$0.8006 or US$1=C$1.2490. The United States Dollar Index lost 0.04 of a point at 98.96. Benchmark crude oil prices continued to rise, but not as […] Read more

WINNIPEG – The Canadian dollar regained Friday’s losses and then some on Monday, rising above the 80 United States cent mark. The loonie closed at US$0.8006 or US$1=C$1.2490, up from Friday’s close of US$0.7992 or US$1=C$1.2512. The U.S. Dollar Index was up 0.38 of a point at 99.02. Crude oil prices rallied on Monday as […] Read more