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WINNIPEG – The Canadian dollar is once again on the positive side of the 80 cents United States mark on Wednesday hours after the Bank of Canada announced the key interest rate was staying as is. The loonie was at US$0.8002 or US$1=C$1.2497 on Wednesday, down from Tuesday’s close at US$0.7991 or US$1=C$1.2514. Canada’s central […] Read more

WINNIPEG – The Canadian dollar made its way above the 80 cent United States mark on Wednesday, hours before the Bank of Canada makes its key interest rate announcement. As of 8:45 a.m. CDT, the loonie was at US$0.8030 or US$1=C$1.2453, compared to US$0.7991 or US$1=C$1.2514 when markets closed on Tuesday. Crude oil was steady […] Read more

WINNIPEG – The Canadian dollar continues to move back and forth across the 80 cents United States mark. The loonie was at US$0.7991 or US$1=C$1.2514 on Tuesday, down from Monday’s close at US$0.8019 or US$1=C$1.2471. Meanwhile, the United States Dollar Index was up 0.52 points at 92.78. After the International Energy Agency warned of a […] Read more

WINNIPEG – The Canadian dollar slipped back below the 80 cent United States mark on Tuesday, one day before the Bank of Canada makes its key interest rate announcement. As of 8:59 a.m. CDT, the loonie was at US$0.7986 or US$1=C$1.2522, compared to US$0.8019 or US$1=C$1.2471 when markets closed on Monday. Crude oil was higher […] Read more

WINNIPEG – The Canadian dollar held steady on Monday despite falling crude oil prices. The loonie was at US$0.8019 or US$1=C$1.2471 on Monday, down from Friday’s close at US$0.8015 or US$1=C$1.2476. Meanwhile, the United States Dollar Index was up 0.11 points at 92.24. Benchmark crude oil prices continued their declines on Monday over uncertainty regarding […] Read more

WINNIPEG – The Canadian dollar dipped on Monday morning, but stayed above the 80 cent United States mark. As of 8:55 a.m. CDT, the loonie was at US$0.8004 or US$1=C$1.2494, compared to US$0.8015 or US$1=C$1.2476 when markets closed on Friday. Crude oil fell on Monday due to the growing number of cases of the COVID-19 […] Read more

WINNIPEG – The Canadian dollar closed above the 80-cent U.S. mark on Friday after the release of welcome jobs data from Statistics Canada. The loonie was at US$0.8015 or US$1=C$1.2476 on Friday, up from Thursday’s close at US$0.7974 or US$1=C$1.2540. Meanwhile, the United States Dollar Index was down 0.31 points at 92.11. Earlier on Friday, […] Read more

WINNIPEG – The Canadian dollar moved above 80 United States cents on Friday morning after some good news from Statistics Canada. As of 8:37 a.m. CDT, the loonie was at US$0.8004 or US$1=C$1.2494, compared to US$0.7974 or US$1=C$1.2540 when markets closed on Thursday. Statistics Canada revealed on Friday morning that 230,700 jobs, mostly part-time in […] Read more

WINNIPEG – The Canadian dollar closed below the 80-cent U.S. mark on Thursday for the first time since April 23. The loonie was at US$0.7974 or US$1=C$1.2540 on Thursday, down from Wednesday’s close at US$0.8016 or US$1=C$1.2475, mainly due to concerns over the COVID-19 Delta variant. Meanwhile, the United States Dollar Index was down 0.27 […] Read more

WINNIPEG – The Canadian dollar fell below 80 United States cents on Thursday morning, reaching its lowest point in two months. As of 8:34 a.m. CDT, the loonie was at US$0.7973 or US$1=C$1.2542, compared to US$0.8016 or US$1=C$1.2475 when markets closed on Wednesday. Market fears over rising COVID-19 Delta variant cases worldwide and volatility in […] Read more