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WINNIPEG, Sept. 1 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning. As of 8:36 a.m. CDT, the loonie was at US$0.7938 or US$1=C$1.2598, compared to US$0.7926 or US$1=C$1.2617 when markets closed on Tuesday. On the same day OPEC+ and its allies are set to meet to discuss the global market, crude oil was […] Read more

WINNIPEG – The Canadian dollar dipped on Tuesday after surprising economic news from Statistics Canada. The loonie was at US$0.7926 or US$1=C$1.2617 on Tuesday, compared to Monday’s close at US$0.7935 or US$1=C$1.2603. Earlier today, Statistics Canada reported a 1.1 per cent decline in the economy during the second quarter despite analysts predicting a rise. It […] Read more

WINNIPEG – The Canadian dollar slightly slipped on Tuesday after the release of underwhelming economic data from Statistics Canada. As of 8:36 a.m. CDT, the loonie was at US$0.7929 or US$1=C$1.2612, compared to US$0.7935 or US$1=C$1.2603 when markets closed on Monday. Statistics Canada reported on Tuesday the economy contracted by 1.1 per cent in the […] Read more

WINNIPEG– The Canadian dollar made its way closer to the 80 cent United States mark on Monday. The loonie was at US$0.7935 or US$1=C$1.2603 on Monday, compared to Friday’s close at US$0.7915 or US$1=C$1.2635. The U.S. Dollar Index was unchanged at 92.69 points. Benchmark crude oil prices were up on Monday after Hurricane Ida slowed […] Read more

WINNIPEG– The Canadian dollar made slight gains on Monday. As of 9:04 a.m. CDT, the loonie was at US$0.7936 or US$1=C$1.2601, compared to US$0.7915 or US$1=C$1.2635 when markets closed on Friday. Crude oil was mostly lower on Monday. Brent crude oil dipped US$0.19 per barrel to US$72.51. West Texas Intermediate (WTI) declined US$0.48 to US$68.26/barrel. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The Canadian dollar nudged a little higher on Friday, buoyed by a drop in the United States dollar and a spike in crude oil prices. The loonie closed at US$0.7915 or US$1=C$1.2635, compared to Thursday’s close of US$0.7905 or US$1=C$1.2605. On the U.S. Dollar Index, […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar stepped back on Thursday, as the United States dollar gained some ground, while crude oil was down. The loonie closed at US$0.7905 or US$1=C$1.2605, compared to Wednesday’s close of US$0.7925 or US$1=C$1.2619. On the U.S. Dollar Index, the greenback rose 0.233 at […] Read more

By MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar was holding relatively steady Thursday morning, lacking any clear direction. At 9:40 a.m. CDT Thursday morning, the Canadian dollar was at US$0.7924 or US$1=C$1.2620 which compares with Wednesday’s North American close of US$0.7925 or US$1=C$1.2619. The United States Federal Reserve is holding an annual summit […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday, despite a slip in its United States counterpart and gains in crude oil. The loonie closed at US$0.7925 or US$1=C$1.2619, compared to Tuesday’s close of US$0.7931 or US$1=C$1.2608. On the U.S. Dollar Index, the greenback inched back […] Read more

By MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar was slightly softer Wednesday morning, seeing a modest correction after strengthening sharply relative to its United States counterpart earlier in the week. At 8:45 a.m. CDT Wednesday morning, the Canadian dollar was at US$0.7910 or US$1=C$1.2642 which compares with Tuesday’s North American close of US$0.7931 […] Read more