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Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 31 (MarketsFarm) – The Canadian dollar was higher Wednesday morning, following a Statistics Canada report that said the country’s economy grew by 0.7 per cent in January. As of 8:35 CDT, the Canadian dollar was at US$0.7944 or C$1.2588, compared to Tuesday’s close of US$0.7917 or C$1.2631. Benchmark […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 30 (MarketsFarm) – The Canadian dollar was lower on Tuesday, as crude oil prices moved lower. The loonie finished at US$0.7917 or US$1=C$1.2631, compared to Monday’s close of US$0.7940 or US$1=C$1.2594. Benchmark crude oil prices were lower on Tuesday, due to a stronger United States dollar and concerns […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 30 (MarketsFarm) – The Canadian dollar was lower Tuesday morning, as its United States counterpart gained strength and crude oil prices pulled back. As of 8:37 CDT, the Canadian dollar was at US$0.7918 or C$1.2631, compared to Monday’s close of US$0.7940 or C$1.2594. The U.S. Dollar Index saw […] Read more

WINNIPEG – The Canadian dollar moved slightly downward on Monday due to a stronger United States dollar, but despite a rise in oil prices due to speculation OPEC+ will maintain its current output in May. The loonie was at US$0.7941 or US$1=C$1.2593 on Monday (not finalized by the Bank of Canada as of 3:50 pm […] Read more

WINNIPEG, March 29 (MarketsFarm) – The Canadian dollar was slightly lower on Monday after news surfaced of the default of the Archego Capital hedge fund, causing worries for investors. As of 8:46 a.m. CDT, the loonie was at US$0.7940 or US$1=C$1.2594, compared to US$0.7949 or US$1=C$1.2580 when markets closed on Friday. Benchmark oil prices were […] Read more

WINNIPEG, March 26 (MarketsFarm) – After nearly a week of losing ground against the United States dollar, the Canadian dollar gained on Friday as oil prices rose due to the Suez Canal blockage which could take weeks to remedy. The loonie finished at US$0.7949 or US$1=C$1.2580, which was up from Thursday’s close at US$0.7933 or […] Read more

By MarketsFarm WINNIPEG, March 26 (MarketsFarm) – The Canadian dollar was firmer Friday morning, as gains in crude oil helped the energy-linked currency recover from recent weakness. At 8:54 a.m. CDT Friday morning, the Canadian dollar was at US$0.7957 or US$1=C$1.2568 which compares with Thursday’s North American close of US$0.7933 or US$1=C$1.2606. The ongoing blockage […] Read more

WINNIPEG, March 25 (MarketsFarm) – The Canadian dollar fell on Thursday as oil prices dropped and after the federal government’s carbon tax was ruled constitutional by the Supreme Court of Canada. The loonie finished at US$0.7933 or US$1=C$1.2606, which is down from US$0.7961 or US$1=C$1.2562 at Wednesday’s close. On the United States Dollar Index, the […] Read more

By MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The Canadian dollar was slightly weaker Thursday morning, as losses in crude oil weighed on the currency. At 8:58 a.m. CDT Thursday morning, the Canadian dollar was at US$0.7944 or US$1=C$1.2588 which compares with Wednesday’s North American close of US$0.7961 or US$1=C$1.2562. The number of Canadians receiving regular […] Read more

WINNIPEG, March 24 (MarketsFarm) – The Canadian dollar was unchanged on Wednesday despite a sharp increase in oil prices, while Statistics Canada estimated earlier today a one per cent drop in manufacturing sales in February. The loonie finished at US$0.7961 or US$1=C$1.2562, same as Tuesday’s close. On the United States Dollar Index, the greenback increased […] Read more