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WINNIPEG – The Canadian dollar is surpassing the 83-cent United States mark after the release of economic data from Statistics Canada. As of 8:42 a.m. CDT, the loonie was at US$0.8319 or US$1=C$1.2021 compared to US$0.8284 or US$1=C$1.2072 when markets closed on Monday. Statistics Canada reported on Tuesday the economy grew at an annual rate […] Read more

WINNIPEG – The Canadian dollar slightly increased on Monday on the heels of good economic data from Statistics Canada. The loonie was at US$0.8284 or US$1=C$1.2072 on Monday, up from Friday’s close at US$0.8274 or US$1=C$1.2086. Meanwhile, the United States Dollar Index declined by 0.18 points to 89.85 as markets in the U.S. were closed […] Read more

WINNIPEG – The Canadian dollar is staying mostly steady as it approaches the 83-cent United States mark. As of 8:41 a.m. CDT, the loonie was at US$0.8277 or US$1=C$1.2082 compared to US$0.8274 or US$1=C$1.2086 when markets closed on Friday. The Organization for Economic Co-operation and Development (OECD) improved its outlook for the Canadian economy on […] Read more

WINNIPEG – The Canadian dollar remained mostly steady on Friday, but ended its longest string of weekly gains since 2016. The loonie was at US$0.8274 or US$1=C$1.2086 on Friday, down from Thursday’s close at US$0.8283 or US$1=C$1.2073. Meanwhile, the United States Dollar Index increased by 0.08 points to 90.05. Consumer prices in the U.S. increased […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 28 (MarketsFarm) – In a display of volatility, the Canadian dollar was lower on Friday morning, pulling back after a strong close yesterday. As of 8:34 CDT, the Canadian dollar was at US$0.8265 or C$1.2096 compared to Thursday’s close of US$0.8283 or C$1.2073. On the United States Dollar […] Read more

WINNIPEG – The Canadian dollar rebounded on Thursday after a rise in oil prices as investors await inflation data from the United States tomorrow. The loonie was at US$0.8283 or US$1=C$1.2073 on Thursday, up from Wednesday’s close at US$0.8258 or US$1=C$1.2110. Meanwhile, the U.S. Dollar Index dipped by 0.04 points to 90.00. Benchmark crude oil […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – After taking a tumble on Wednesday, the Canadian dollar was higher on Thursday morning, following news of C$10.7 billion in second-quarter profits by the country’s top four banks. As of 8:42 CDT, the Canadian dollar was at US$0.8286 or C$1.2069 compared to Wednesday’s close of […] Read more

WINNIPEG – The Canadian dollar fell on Wednesday after the United States dollar bounced back and oil prices made modest gains. The loonie was at US$0.8258 or US$1=C$1.2110 on Wednesday, down from Tuesday’s close at US$0.8294 or US$1=C$1.2057. Meanwhile, the U.S. Dollar Index surpassed the 90-point mark, rising by 0.40 to 90.04. Benchmark crude oil […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The Canadian dollar was pulling back on Wednesday morning, as crude oil prices were lower and the United States dollar regained some lost strength As of 8:36 CDT, the Canadian dollar was at US$0.8255 or C$1.2118 compared to Tuesday’s close of US$0.8294 or C$1.2057. On […] Read more

WINNIPEG – The Canadian dollar stayed relatively steady on Tuesday, the first day of trading after the Victoria Day weekend, despite a declining United States greenback. The loonie was at US$0.8294 or US$1=C$1.2057 on Tuesday, up from Friday’s close at US$0.8291 or US$1=C$1.2061. Meanwhile, the United States Dollar Index dropped by 0.15 at 89.69 points. […] Read more