Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The Canadian dollar was higher on Friday, due to increases in crude oil prices. The loonie closed at US$0.7999 or US$1=C$1.2502, compared to Thursday’s close of US$0.7971 or US$1=C$1.2545. On the United States Dollar Index, the greenback nudged up 0.060 of a point at 98.860. […] Read more
Canadian Financial Close: Loonie just under 80 U.S. cents
Gains in crude support higher dollar
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The Canadian dollar was firmer Friday morning, as global investors were said to be showing a renewed appetite for risk. At 8:44 a.m. CDT Friday morning the Canadian dollar was at US$0.7988 or US$1=C$1.2519, which compares with Thursday’s close of US$0.7971 or US$1=C$1.2545. The ongoing conflict in Ukraine […] Read more
Canadian Financial Close: Loonie advances amid pressure
Stronger greenback, weaker crude oil
Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The Canadian dollar was higher on Thursday, despite a stronger United States dollar and losses in crude oil prices. The loonie closed at US$0.7971 or US$1=C$1.2545, compared to Wednesday’s close of US$0.7955 or US$1=C$1.2574. On the U.S. Dollar Index, the greenback rose 0.175 of a […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The Canadian dollar was holding steady relative to its United States counterpart Thursday morning. At 8:41 a.m. CDT Thursday morning the Canadian dollar was at US$0.7953 or US$1=C$1.2574, which compares with Wednesday’s close of US$0.7955 or US$1=C$1.2571. Statistics Canada reported that about 633,000 Canadians received regular Employment Insurance […] Read more
Canadian Financial Close: Loonie up, crude oil rises
WINNIPEG – The Canadian dollar made a slight gain on Wednesday towards the 80 United States cent mark. The loonie closed at US$0.7955 or US$1=C$1.2571, up from Tuesday’s close of US$0.7944 or US$1=C$1.2588. The United States Dollar Index was up 0.13 of a point to 98.62. Crude oil prices continued to rise due to the […] Read more
Canadian Dollar and Business Outlook: Loonie steady, crude oil rises
WINNIPEG – The Canadian dollar stayed mostly steady on Wednesday as it approaches the 80 United States cent mark. As of 8:42 a.m. CDT, the loonie was at US$0.7943 or US$1=C$1.2590, compared to US$0.7944 or US$1=C$1.2588 on Tuesday. The U.S. Dollar Index was up 0.32 of a point at 98.82. Benchmark crude oil prices were […] Read more
Canadian Financial Close: Loonie holds its own
Dollar firm after small losses in crude oil
Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday, managing to fend a decline in crude oil prices. The loonie closed at US$0.7944 or US$1=C$1.2588, compared to Monday’s close of US$0.7941 or US$1=C$1.2593. Prime Minister Justin Trudeau shored up the governing Liberals’ hold on federal power […] Read more
Canadian Financial Close: Loonie resumes increase
Stronger crude takes dollar higher
Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 21 (MarketsFarm) – The Canadian dollar closed higher on Monday, due to rising crude oil prices and despite a stronger United States dollar. The loonie closed at US$0.7941 or US$1=C$1.2593, compared to Friday’s close of US$0.7926 or US$1=C$1.2617. On the U.S. Dollar Index, the greenback was up 0.293 […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, March 21 (MarketsFarm) – The Canadian dollar was stronger Monday morning as advances in crude oil underpinned the energy-linked currency. At 8:45 a.m. CDT Monday morning the Canadian dollar was at US$0.7937 or US$1=C$1.2599, which compares with Friday’s close of US$0.7926 or US$1=C$1.2617. Reports that the European Union was considering placing a […] Read more
Canadian Dollar and Business Outlook: Loonie bumps up
Crude oil expected to climber higher
Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 18 (MarketsFarm) – The Canadian dollar was slightly higher on Friday morning, as crude was shifting upward and despite a stronger United States dollar. As of 8:37 am CDT, the Canadian dollar was at US$0.7919 or C$1.2628, compared to Thursday’s close of US$0.7905 or C$1.2651. On the U.S. […] Read more