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WINNIPEG, Feb. 12 (MarketsFarm) – The Canadian dollar tumbled on Friday as oil prices returned to the upward movement they had previously seen over the past week. The loonie finished at US$0.7867 or US$1=C$1.2711, compared to Thursday’s close of US$0.7883 or US$1=C$1.2686. On the U.S. Dollar Index, the greenback stayed mostly still at 90.440 points. […] Read more

By MarketsFarm WINNIPEG, Feb. 12 (MarketsFarm) – The Canadian dollar was weaker Friday morning, seeing a correction after hitting its highest levels in three weeks relative to its United States counterpart on Thursday. At 8:40 CST Friday morning the Canadian dollar was at US$0.7839 or US$1=C$1.2757 which compares with Thursday’s North American close of US$0.7883 […] Read more

WINNIPEG, Feb. 11 (MarketsFarm) – The Canadian dollar remained virtually unchanged on Thursday as oil and stocks fell due to slightly bearish post-pandemic predictions for the economy. The loonie finished at US$0.7883 or US$1=C$1.2689, compared to Tuesday’s close of US$0.7881 or US$1=C$1.2686. On the U.S. Dollar Index, the greenback stayed mostly still at 90.410 points. […] Read more

WINNIPEG, Feb. 11 (MarketsFarm) – The Canadian dollar continued its rally early Thursday morning while both the number of unemployment claims and new coronavirus cases declined in the United States. As of 8:32 a.m. CST, the Canadian dollar was at US$0.7892 or US$1=C$1.2671, compared to Wednesday’s close of US$0.7881 or US$1=C$1.2689. Benchmark crude oil prices […] Read more

WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar was higher on Wednesday news that the United States racked up a US$163 billion deficit in January and that the U.S. dollar remained virtually unchanged. The loonie finished at US$0.7881 or US$1=C$1.2689, compared to Tuesday’s close of US$0.7862 or US$1=C$1.2719. On the U.S. Dollar Index, the greenback […] Read more

WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar moved upward early Wednesday morning as the U.S. greenback continues to weaken. As of 8:38 a.m. CST, the Canadian dollar was at US$0.7883 or US$1=C$1.2683, compared to Tuesday’s close of US$0.7862 or US$1=C$1.2719. Benchmark crude oil prices rose for the eighth straight day, the first rally of […] Read more

WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar strengthened on Tuesday as oil prices continued to rally amidst a weakening U.S. greenback. The loonie finished at US$0.7862 or US$1=C$1.2719, compared to Monday’s close of US$0.7841 or US$1=C$1.2753. On the U.S. Dollar Index, the greenback lost 0.484 at 90.440 points, losing ground to other major world […] Read more

WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar stayed mostly stagnant early Tuesday morning as oil prices went down after a week-long rally. As of 8:35 a.m. CST, the Canadian dollar was at US$0.7843 or US$1=C$1.2751, compared to Monday’s close of US$0.7841 or US$1=C$1.2753. Benchmark crude oil retained its high prices on Tuesday morning, but […] Read more

WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar made gains on Monday, strengthened by continuing rallies in oil prices and the stock market. The loonie finished at US$0.7841 or US$1=C$1.2753, compared to Friday’s close of US$0.7827 or US$1=C$1.2777. Crude oil continued to climb due to planned supply cuts and optimism from the vaccine rollout and […] Read more

WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar inched upward on Monday morning, looking past Friday’s news that 213,000 Canadians lost their jobs in January. As of 8:36 a.m. CST, the Canadian dollar was at US$0.7839 or US$1=C$1.2755, compared to Friday’s close of US$0.7827 or US$1=C$1.2777. Benchmark crude oil continued its rise on Monday morning […] Read more