WINNIPEG – The Canadian dollar held steady on Friday, while crude oil was mixed despite the potential for supply increases. As of 8:41 a.m. CDT, the loonie was at US$0.7890 or US$1=C$1.2674, compared to US$0.7891 or US$1=C$1.2673 at 3:32 p.m. CDT on Thursday. The Bank of Canada did not post its end-of-day exchange rate on […] Read more

WINNIPEG – The Canadian dollar moved upwards on Thursday as the stock markets tumbled and crude oil went in opposite directions. The loonie was at US$0.7891 or US$1=C$1.2673 on Thursday as of 3:32 p.m. CDT, up from Wednesday’s close of US$0.7849 or US$1=C$1.2741. The Bank of Canada did not provide an official closing price, with […] Read more

WINNIPEG – The Canadian dollar was slightly higher on Thursday despite crude oil continuing to decline. As of 8:36 a.m. CDT, the loonie was at US$0.7858 or US$1=C$1.2726, compared to US$0.7849 or US$1=C$1.2741 when markets closed on Wednesday. Despite increasing demand, crude oil posted losses on Thursday morning. Brent crude oil dipped US$0.79 per barrel […] Read more

WINNIPEG – The Canadian dollar remained in a downturn on Wednesday as the United States dollar strengthened and crude oil prices declined. The loonie was at US$0.7849 or US$1=C$1.2741 on Wednesday, down from Tuesday’s close of US$0.7886 or US$1=C$1.2680. The U.S. Dollar Index was up 0.63 of a point at 94.40. For the most part, […] Read more

WINNIPEG – The Canadian dollar and crude oil both continued to weaken on Wednesday. As of 8:31 a.m. CDT, the loonie was at US$0.7866 or US$1=C$1.2713, compared to US$0.7886 or US$1=C$1.2680 when markets closed on Tuesday. For the most part, crude oil retreated due to a growth in stockpiles in the United States. Brent crude […] Read more

WINNIPEG – The Canadian dollar dipped below the 79-cent United States mark as Tuesday turned into a tough day on the markets. The loonie was at US$0.7886 or US$1=C$1.2680 on Tuesday, down from Monday’s close of US$0.7913 or US$1=C$1.2637. The U.S. Dollar Index was up 0.34 of a point at 93.72. Benchmark crude oil underwent […] Read more

WINNIPEG – The Canadian dollar made a slight dip on Tuesday morning. As of 8:30 a.m. CDT, the loonie was at US$0.7903 or US$1=C$1.2654, compared to US$0.7913 or US$1=C$1.2637 when markets closed on Monday. The loonie had reached a three-week high on Monday. Crude oil continues to rise due to firm demand and tight supply, […] Read more

WINNIPEG – The Canadian dollar moved its way back above the 79-cent United States mark on Monday as oil rallied. The loonie was at US$0.7913 or US$1=C$1.2637 on Monday, up from Friday’s close of US$0.7886 or US$1=C$1.2680. The U.S. Dollar Index was up 0.07 of a point at 93.40. Benchmark crude oil jumped on Monday. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning as crude oil prices surged upward, and despite a small gain in the United States dollar. As of 8:47 CDT, the Canadian dollar was at US$0.7903 or C$1.2653 compared to Friday’s close of US$0.7886 or C$1.2680. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The Canadian dollar retreated below 79 United States on Friday, due to a stronger U.S. dollar and on news that the federal deficit was nearly C$48.5 billion during the first four months of the fiscal year. The loonie closed at US$0.7886 or US$1=C$1.2680, compared to […] Read more