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WINNIPEG – The Canadian dollar regained yesterday’s losses after the United States experienced an unexpected rise in weekly unemployment claims. The loonie was at US$0.7950 or US$1=C$1.2579 on Thursday, down from Wednesday’s close at US$0.7926 or US$1=C$1.2617. On the United States Dollar Index, the greenback lost 0.38 points to 92.07. Benchmark crude oil prices were […] Read more

WINNIPEG, April 8 (MarketsFarm) – The Canadian dollar slightly increased on Thursday morning mainly due to a weakened United States dollar. As of 8:34 a.m. CDT, the loonie was at US$0.7938 or US$1=C$1.2598, compared to US$0.7927 or US$1=C$1.2615 when markets closed on Wednesday. Benchmark oil prices were down on Thursday as demand weakened in India […] Read more

WINNIPEG – The Canadian dollar sunk on Wednesday, after Statistics Canada revealed that Canada’s trade surplus narrowed to C$1 billion in March and Ontario announced a new stay-at-home order to combat a third wave of COVID-19. The loonie was at US$0.7926 or US$1=C$1.2617 on Wednesday, down from Tuesday’s close at US$0.7962 or US$1=C$1.2559. On the […] Read more

WINNIPEG – The Canadian dollar fell on Wednesday morning amidst a third wave of COVID-19 and after Statistics Canada released data showing that Canada’s trade surplus narrowed to C$1 billion in February. As of 8:38 a.m. CDT, the loonie was at US$0.7927 or US$1=C$1.2615, compared to US$0.7962 or US$1=C$1.2559 when markets closed on Tuesday. Benchmark […] Read more

WINNIPEG – The Canadian dollar stumbled on Tuesday, despite a weakened United States dollar, due to increasing concern over COVID-19. The loonie was at US$0.7962 or US$1=C$1.2559 on Tuesday, pulling back from Monday’s close at US$0.7984 or US$1=C$1.2525. On the U.S. Dollar Index, the greenback fell 0.30 points to 92.30 points. Benchmark crude oil prices […] Read more

WINNIPEG – The Canadian dollar slightly dropped on Tuesday morning despite rising oil prices and a weaker United States dollar. As of 8:38 a.m. CDT, the loonie was at US$0.7967 or US$1=C$1.2552, compared to US$0.7984 or US$1=C$1.2525 when markets closed on Monday. Benchmark oil prices rebounded on Tuesday after the International Monetary Fund delivered bullish […] Read more

WINNIPEG, April 5 (MarketsFarm) – The Canadian dollar rose on Monday due to a weakened United States dollar amidst record-high closes on the North American stock markets. The loonie was at US$0.7984 or US$1=C$1.2525 on Monday, which was up from Thursday’s close at US$0.7959 or US$1=C$1.2565. On the U.S. Dollar Index, the greenback fell 0.42 […] Read more

WINNIPEG – The Canadian dollar increased on Monday morning on the first day of trading since the Easter weekend due to a softer United States dollar. As of 8:39 a.m. CDT, the loonie was at US$0.7980 or US$1=C$1.2531, compared to US$0.7959 or US$1=C$1.2565 when markets closed on Thursday. Benchmark oil prices decreased on Monday due […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Apri1 1 (MarketsFarm) – The Canadian dollar was relatively steady on Thursday, despite a decline in the United States dollar and increases in crude oil prices. The loonie finished at US$0.7959 or US$1=C$1.2565, compared to Wednesday’s close of US$0.7952 or US$1=C$1.2575. On the U.S. Dollar Index, the greenback retreated […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 1 (MarketsFarm) – The Canadian dollar was unchanged on Thursday morning, despite its United States counterpart slipping back and with gains in crude oil. As of 8:45 CDT, the Canadian dollar was at US$0.7952 or C$1.2575. On the U.S. Dollar Index, the greenback lost 0.181 at 93.055 points. […] Read more