Canadian Dollar and Business Outlook: Loonie little changed

Trading resumes in Canada after long weekend

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning, as trading resumed in Canada following the Victoria long weekend. As of 8:32 CDT, the Canadian dollar was at US$0.8289 or C$1.2062 compared to Friday’s close of US$0.8291 or C$1.2061. On the United States Dollar Index, […] Read more

Canadian Financial Close: Loonie sitting short of next threshold

Retail sales grow in March

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 21 (MarketsFarm) – The Canadian dollar finished a little closer to 83 United States cents on Friday, as the loonie approached six-year highs. Canada’s currency exceeded the 83-cent mark earlier in the day, before slipping back. The loonie closed at US$0.8291 or US$1=C$1.2061, compared to Thursday’s close of […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, May 21 (MarketsFarm) – The Canadian dollar was stronger Friday morning, underpinned by strength in outside equity and energy markets. At 9:03 a.m. CDT Friday morning, the Canadian dollar was at US$0.8301 or US$1=C$1.2047 which compares with Thursday’s North American close of US$0.8285 or US$1=C$1.2070. Canadian retail sales were up by 3.6 […] Read more

Canadian Financial Close: Weaker greenback helps loonie

Macklem cautions against high mortgage debt

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar gained just over two-tenths of a cent on Thursday, as the United States dollar lost more ground and despite declines in crude oil prices. The loonie finished at US$0.8285 or US$1=C$1.2070, compared to Wednesday’s close of US$0.8264 or US$1=C$1.2100. On the U.S. […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar was slightly firmer Thursday morning, consolidating in a narrow range relative to its United States counterpart. At 8:55 a.m. CDT Thursday morning, the Canadian dollar was at US$0.8272 or US$1=C$1.2089 which compares with Tuesday’s North American close of US$0.8264 or US$1=C$1.2100. The number of Canadians […] Read more

Canadian Financial Close: Declines in stock markets, crude oil weaken loonie

Stronger U.S. greenback adds to pull back

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The Canadian dollar slipped back on Wednesday, as a sell-off in the stock markets and a hefty drop in crude oil prices weighed on values. The loonie finished at US$0.8264 or US$1=C$1.2100, compared to Tuesday’s close of US$0.8298 or US$1=C$1.2051. Adding to the pressure on […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, as losses in crude oil weighed on the energy-linked currency. At 8:57 a.m. CDT Wednesday morning, the Canadian dollar was at US$0.8273 or US$1=C$1.2088 which compares with Tuesday’s North American close of US$0.8298 or US$1=C$1.2051. Canada’s Consumer Price Index was up […] Read more

Canadian Financial Close: Loonie a pinch under 83 U.S. cents

Greenback slides under 90 points on dollar index

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – After pushing well above 83 United States cents, the Canadian dollar settled back just under the mark on Tuesday. The increase of just over two-tenths of cent to hit a six-year high was largely due to the decline of the U.S. dollar. The loonie finished […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, amid broad weakness for the United States dollar internationally. At 8:50 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.8304 or US$1=C$1.2042 which compares with Friday’s North American close of US$0.8277 or US$1=C$1.2081. Recent strength in crude oil was also […] Read more

Canadian Financial Close: Loonie pushing higher

Dollar gains more than a quarter cent

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar increased in value on Monday, as the United States dollar continued to struggle. The loonie finished at US$0.8277 or US$1=C$1.2081, compared to Friday’s close of US$0.8258 or US$1=C$1.2109. On the U.S. Dollar Index, the greenback slipped back 0.148 at 90.175 points. The […] Read more