WINNIPEG – The Canadian dollar jumped Thursday on the strength of rising oil prices and the speculation of central banks raising key interest rates. The loonie was at US$0.7824 or US$1=C$1.2782 on Thursday, down from Wednesday’s close of US$0.7756 or US$1=C$1.2893. The United States Dollar Index declined 0.53 of a point to 95.98. The U.S. […] Read more

WINNIPEG– After its lowest close in nearly a year, the Canadian dollar made a jump on Thursday morning as oil prices rise and the U.S. dollar loses ground. As of 8:40 a.m. CST, the loonie was at US$0.7819 or US$1=C$1.2789, compared to Wednesday’s close of US$0.7756 or US$1=C$1.2893. The United States Dollar Index fell 0.56 […] Read more

WINNIPEG – The Canadian dollar fell to its lowest level in nearly a year on Wednesday after economic news on both sides of the Canada/United States border. The loonie was at US$0.7756 or US$1=C$1.2893 on Wednesday, down from Tuesday’s close of US$0.7785 or US$1=C$1.2845. Statistics Canada reported on Wednesday that the country’s inflation rate stayed […] Read more

WINNIPEG – The Canadian dollar remains in a downturn on Wednesday morning after the release of economic news over the past 24 hours. As of 8:39 a.m. CST, the loonie was at US$0.7755 or US$1=C$1.2895, compared to Tuesday’s close of US$0.7785 or US$1=C$1.2845. Canadian finance minister Chrystia Freeland delivered a fiscal update on Tuesday which […] Read more

WINNIPEG – The Canadian dollar continued its downward slide on Tuesday while the Canadian government updated the public on its fiscal situation. The loonie was at US$0.7785 or US$1=C$1.2845 on Tuesday, down from Monday’s close of US$0.7818 or US$1=C$1.2791. Finance Minister Chrystia Freeland delivered the government’s fiscal update virtually on Tuesday, announcing that the deficit […] Read more

WINNIPEG – The Canadian dollar weakened again on Tuesday morning as pressure was felt on crude oil and the federal government prepares a fiscal update for later today. As of 8:41 a.m. CST, the loonie was at US$0.7793 or US$1=C$1.2832, compared to Monday’s close of US$0.7818 or US$1=C$1.2791. Canadian finance minister Chrystia Freeland will release […] Read more

WINNIPEG – The Canadian dollar slipped on Monday while the Bank of Canada (BoC) renewed and added to its mandate. The loonie was at US$0.7818 or US$1=C$1.2791 on Monday, down from Friday’s close of US$0.7865 or US$1=C$1.2714. The BoC and the federal government announced on Monday the central bank will keep its two per cent […] Read more

WINNIPEG– The Canadian dollar was weaker Monday morning as losses in crude oil weighed on the currency and investors awaited a policy announcement from the United States Federal Reserve later in the week. As of 8:34 a.m. CST, the loonie was at US$0.7828 or US$1=C$1.2775, compared to Friday’s close of US$0.7865 or US$1=C$1.2714. The U.S. […] Read more

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was weaker on Friday, as currency markets reacted to inflation data out of the United States. The Canadian dollar closed at US$0.7865 or US$1=C$1.2714 on Friday, which compares with Thursday’s North American close of US$0.7874 or US$1=C$1.2700. Consumer prices in the United States were up […] Read more

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was slightly softer Friday morning, seeing some consolidation to end the week. At 8:49 a.m. CST Friday morning the Canadian dollar was at US$0.7853 or US$1=C$1.2734 which compares with Thursday’s close of US$0.7874 or US$1=C$1.2700. Consumer prices in the United States were up by 6.8 […] Read more