Canadian Financial Close: Loonie just under 80 U.S. cents

Gains in crude support higher dollar

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 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 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