By MarketsFarm WINNIPEG, Jan. 4 (MarketsFarm) – The Canadian dollar held reasonably firm on Tuesday, with gains in crude oil providing some support for the energy-linked currency. The Canadian dollar closed at US$0.7869 or US$1=C$1.2708 on Tuesday, which compares with Friday’s North American close of US$0.7888 or US$1=C$1.2678. No official close was reported on Monday […] Read more

WINNIPEG – The Canadian dollar is slipping away from the 79 United States cent mark, while crude oil prices make gains. As of 8:45 a.m. CST on Tuesday, the loonie was at US$0.7866 or US$1=C$1.2713, compared to Friday’s close of US$0.7888 or US$1=C$1.2678. The Bank of Canada did not post the closing exchange rate on […] Read more

WINNIPEG – The Canadian dollar ended 2021 on an upward swing, making ground against the United States greenback. The loonie was at US$0.7888 or US$1=C$1.2678 on Friday, up from Thursday’s close of US$0.7827 or US$1=C$1.2776. The U.S. Dollar Index was down 0.38 of a point to 95.59. Benchmark crude oil prices slipped on Friday, one […] Read more

WINNIPEG – The Canadian dollar is looking to end 2021 on a high note. As of 9:07 a.m. CST on Friday, the loonie was at US$0.7885 or US$1=C$1.2682, compared to Thursday’s close of US$0.7827 or US$1=C$1.2776. The United States Dollar Index declined 0.11 of a point to 95.86. Benchmark crude oil prices took a downturn […] Read more

WINNIPEG – The Canadian dollar made more gains on Thursday as fears ease on the markets over the Omicron COVID-19 variant. The loonie was at US$0.7827 or US$1=C$1.2776 on Thursday, up from Wednesday’s close of US$0.7810 or US$1=C$1.2804. This, despite news of record-breaking amounts of daily cases and an announcement earlier today from WestJet that […] Read more

WINNIPEG – The Canadian dollar is moving higher to start Thursday. As of 9:08 a.m. CST, the loonie was at US$0.7824 or US$1=C$1.2781, compared to Wednesday’s close of US$0.7810 or US$1=C$1.2804. The United States Dollar Index was up 0.03 of a point to 95.96. The U.S. Labor Department reported on Thursday weekly unemployment claims surprisingly […] Read more

WINNIPEG – The Canadian dollar has increased as the lightly trading markets continue to ignore concerns over the Omicron COVID-19 variant. The loonie was at US$0.7810 or US$1=C$1.2804 on Wednesday, down from Tuesday’s rate of US$0.7803 or US$1=C$1.2816 as of 3:30 p.m. CST. The Bank of Canada’s closing exchange rate was not posted at that […] Read more

WINNIPEG – The Canadian dollar remained steady as the New Year approaches. As of 9:08 a.m. CST, the loonie was at US$0.7804 or US$1=C$1.2814, compared to the rate of US$0.7803 or US$1=C$1.2812 at 3:30 p.m. CST on Tuesday. The Bank of Canada has not posted a closing exchange rate since Dec. 24. The United States […] Read more

WINNIPEG – The Canadian dollar has come out of the Christmas break relatively steady. As of 3:30 p.m. CST, the loonie was at US$0.7803 or US$1=C$1.2816 on Tuesday, down from last Friday’s close of US$0.7805 or US$1=C$1.2812. The Bank of Canada’s closing exchange rate was not posted at the time. The United States Dollar Index […] Read more

WINNIPEG – The Canadian dollar inched its way upwards coming out of the Christmas break. As of 9:04 a.m. CST, the loonie was at US$0.7814 or US$1=C$1.2798, compared to last Friday’s close of US$0.7805 or US$1=C$1.2813. The Bank of Canada did not post a closing exchange rate on Monday due to the Boxing Day holiday. […] Read more