Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar was slightly slightly weaker Wednesday morning, backing away from the two-and-a-half year highs hit on Tuesday. At 8:50 CST Wednesday morning the Canadian dollar was at US$0.7844 or C$1.2749 which compares with Tuesday’s North American close of US$0.7860 or C$1.2722. Canada’s consumer price index was […] Read more

Canadian Financial Close: C$ hits 2.5-year highs

WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar hit it two-and-a-half year highs on Tuesday, as optimism over stimulus measures in the United States boosted equity markets and increased the risk appetite in the financial markets. The Canadian dollar closed at US$0.7860 or US$1=C$1.2722, which compares with Monday’s North American close of US$0.7839 or US$1=C$1.2757. […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart Tuesday morning, as gains in crude oil and the global equity markets provided support. At 8:40 CST Monday morning the Canadian dollar was at US$0.7850 or C$1.2739 which compares with Monday’s North American close of US$0.7839 […] Read more

Canadian Financial Close: C$ firm on vaccine optimism

By MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was firmer on Monday, as optimism over COVID-19 vaccines and a firm tone in crude oil provided some support. The Canadian dollar closed at US$0.7839 or US$1=C$1.2757, which compares with Friday’s North American close of US$0.7831 or US$1=C$1.2769. Canada’s first doses of vaccine against COVID-19 […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was stronger Monday morning, as gains in crude oil and optimism over COVID-19 vaccines provided support. At 8:51 CST Monday morning the Canadian dollar was at US$0.7855 or C$1.2731 which compares with Friday’s North American close of US$0.7831 or C$1.2769. Canada’s first doses of vaccine […] Read more

Canadian Financial Close: Loonie pulls back from 30-month highs

Greenback stronger, markets turn cautious

By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was lower on Friday, stepping away from highs unseen in two and a half year as the United States dollar regained some lost ground and as North American markets turned cautious. The dollar finished at US$0.7831 or US$1.2769, compared to Thursday’s close of US$0.7853 or […] Read more


Canadian Dollar and Business Outlook: Loonie pulls back

U.S. greenback finds strength

By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was lower Friday morning, as the United States dollar was gaining strength. As of 8:40 CST, the Canadian dollar was at US$0.7823 or C$1.2782, compared to Thursday’s close of US$0.7853 or C$1.2734. On the U.S. Dollar Index, the greenback was up 0.134 at 90.885 points. […] Read more

Canadian Financial Close: Loonie rises above 78.50 U.S. cents

Greenback down, crude oil up

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was stronger on Thursday due to a weaker United States dollar and gains in crude oil prices. The dollar finished at US$0.7853 or US$1.2734, compared to Wednesday’s close of US$0.7811 or US$1=C$1.2803. The U.S. Dollar Index lost 0.286 leaving the greenback at 90.725 points. Benchmark […] Read more


Canadian Dollar and Business Outlook: Loonie breaks out of holding pattern

Crude oil prices spike Thursday morning

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – After the Canadian dollar was remained largely firm this week, the loonie was higher Thursday morning, due to gains in crude oil prices. As of 8:39 CST, the Canadian dollar was at US$0.7838 or C$1.2755, compared to Wednesday’s close of US$0.7811 or C$1.2803. Benchmark crude oil prices were […] Read more

Canadian Financial Close: Loonie remains steady

Crude oil prices mixed

By MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The Canadian dollar held steady on Wednesday while its United States counterpart found a small amount of traction. The dollar finished at US$0.7811 or US$1.2803, compared to Tuesday’s close of US$0.7808 or US$1=C$1.2808. The United States Dollar Index saw the greenback inch up 0.075 at 90.955 points. The […] Read more