WINNIPEG – The Canadian dollar was mostly steady on Thursday while crude oil prices were on the decline. As of 8:36 a.m. CST, the loonie was at US$0.7893 or US$1=C$1.2669 on Thursday, compared to US$0.7888 or US$1=C$1.2677 on Wednesday. The United States Dollar Index was down 0.36 points at 95.58. The Bank of England announced […] Read more

WINNIPEG – The Canadian dollar closed Wednesday slightly higher as the United States dollar stepped back. The loonie was at US$0.7888 or US$1=C$1.2677 on Wednesday, up from Tuesday’s close of US$0.7878 or US$1=C$1.2694. The United States Dollar Index declined 0.38 of a point to 96.01. A report from ADP released on Wednesday showed a loss […] Read more

WINNIPEG – The Canadian dollar slightly rose on Wednesday along with crude oil prices. As of 8:42 a.m. CST, the loonie was at US$0.7886 or US$1=C$1.2681 on Wednesday, compared to US$0.7878 or US$1=C$1.2694 on Tuesday. The United States Dollar Index was down 0.43 points at 95.96. Benchmark crude oil prices are rising yet again after […] Read more

WINNIPEG – The Canadian dollar continued its recent upturn after the release of new economic data from Statistics Canada on Tuesday. The loonie was at US$0.7878 or US$1=C$1.2694 on Tuesday, up from Monday’s close of US$0.7862 or US$1=C$1.2719. The country’s central data agency reported that the gross domestic product (GDP) grew by 0.6 per cent […] Read more

WINNIPEG – The Canadian dollar was mostly steady on Tuesday while Statistics Canada released its monthly economic report. As of 8:35 a.m. CST, the loonie was at US$0.7869 or US$1=C$1.2708 on Tuesday, compared to US$0.7862 or US$1=C$1.2719 on Monday. Canada’s central data agency reported that the country’s gross domestic product (GDP) grew 0.6 per cent […] Read more

WINNIPEG – The Canadian dollar made gains on Monday to go along with those in the oil and stock markets. The loonie was at US$0.7862 or US$1=C$1.2719 on Monday, up from Friday’s close of US$0.7830 or US$1=C$1.2772. Ontario and Quebec have begun to ease COVID-19 public health restrictions starting today, while Canadian Prime Minister Justin […] Read more

WINNIPEG – The Canadian dollar slightly increased to begin the week. As of 8:34 a.m. CST, the loonie was at US$0.7842 or US$1=C$1.2752 on Monday, compared to US$0.7830 or US$1=C$1.2772 on Friday. The United States Dollar Index was down 0.31 points at 96.96. Last week, both the Bank of Canada and the U.S. Federal Reserve […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 28 (MarketsFarm) – The Canadian dollar was lower on Friday morning, despite a slightly weaker United States dollar and increases in crude oil prices. As of 8:38 am CST, the Canadian dollar was at US$0.7831 or C$1.2767, compared to Thursday’s close of US$0.7867 or C$1.2712. On the United […] Read more

WINNIPEG – The Canadian dollar fell to its lowest level in three weeks the day after the Bank of Canada (BoC) announced it was holding its key interest rate at 0.25 per cent. The loonie was at US$0.7867 or US$1=C$1.2712 on Thursday, down from Wednesday’s close of US$0.7933 or US$1=C$1.2606. Both the BoC and the […] Read more

By MarketsFarm WINNIPEG, Jan. 27 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, as investors continued to react to the Bank of Canada’s decision to keep interest rates unchanged for now. At 8:42 a.m. CST Thursday morning the Canadian dollar was at US$0.7889 or US$1=C$1.2676, which compares with Wednesday’s close of US$0.7933 or US$1=C$1.2606. […] Read more