WINNIPEG – Comments from United States Federal Reserve chair Jerome Powell and greater demand for crude oil helped raise the markets and the Canadian dollar on Tuesday. The loonie was at US$0.7933 or US$1=C$1.2606 on Tuesday, up from Friday’s close of US$0.7887 or US$1=C$1.2679. The United States Dollar Index lost 0.38 of a point to […] Read more

WINNIPEG – The Canadian dollar crossed the 79 United States cent mark on Tuesday as crude oil prices jumped. As of 8:36 a.m. CST, the loonie was at US$0.7908 or US$1=C$1.2531 on Tuesday, compared to US$0.7887 or US$1=C$1.2679 on Monday. The U.S. Dollar Index held steady at 95.99. Federal Reserve chair Jerome Powell will appear […] Read more

WINNIPEG – The Canadian dollar finished Monday just short of its closing rate prior to the weekend. The loonie was at US$0.7887 or US$1=C$1.2679 on Monday, down from Friday’s close of US$0.7895 or US$1=C$1.2666. The United States Dollar Index increased 0.24 of a point to 95.96. Benchmark crude oil prices were lower on Monday as […] Read more

WINNIPEG – The Canadian dollar held steady on Monday. As of 8:36 a.m. CST, the loonie was at US$0.7895 or US$1=C$1.2666, same as its closing rate on Friday. The United States Dollar Index jumped 0.48 of a point to 96.20, as U.S. Treasury yields continue to rise. Benchmark crude oil prices were mixed on Monday […] Read more

WINNIPEG – The Canadian dollar reversed direction on Friday, closing just shy of the 79 United States cent mark. The loonie was at US$0.7895 or US$1=C$1.2666 on Friday, up from Thursday’s close of US$0.7849 or US$1=C$1.2741. On Friday, Statistics Canada announced that the country added 54,700 jobs in December, with the unemployment rate falling to […] Read more

WINNIPEG – The Canadian dollar started Friday on a high note after the release of encouraging employment data from Statistics Canada. As of 8:34 a.m. CST, the loonie was at US$0.7868 or US$1=C$1.2710, compared to Thursday’s close of US$0.7849 or US$1=C$1.2741. Statistics Canada reported on Friday that 55,000 jobs were added to the country’s workforce […] Read more

WINNIPEG – The Canadian dollar continued its recent downturn on Thursday. The loonie was at US$0.7849 or US$1=C$1.2741 on Thursday, down from Wednesday’s close of US$0.7863 or US$1=C$1.2717. The United States Dollar Index was down 0.11 of a point to 96.29. The U.S. 2-Year Treasury Yield hit 0.88 per cent on Thursday, its highest level […] Read more

WINNIPEG – Despite rising crude oil prices, the Canadian dollar was down on Thursday morning. As of 8:37 a.m. CST on Thursday, the loonie was at US$0.7856 or US$1=C$1.2729, compared to Wednesday’s close of US$0.7863 or US$1=C$1.2717. The United States Dollar Index increased 0.01 of a point to 96.18. The U.S. Federal Reserve, in its […] Read more

WINNIPEG – The Canadian dollar took a step down on Wednesday. The loonie was at US$0.7863 or US$1=C$1.2717 on Wednesday, down from Tuesday’s close of US$0.7869 or US$1=C$1.2708. The United States Dollar Index was down 0.07 of a point to 96.19. Minutes from the U.S. Federal Reserve’s Dec. 14 and 15 meeting released earlier today […] Read more

WINNIPEG – The Canadian dollar is holding steady for the most part on Wednesday morning. As of 8:38 a.m. CST on Wednesday, the loonie was at US$0.7868 or US$1=C$1.2710, compared to Tuesday’s close of US$0.7869 or US$1=C$1.2708. The United States Dollar Index dropped 0.31 of a point to 95.95. The U.S. Labor Department reported on […] Read more