Canadian Financial Close: Loonie holding course

US greenback makes small increase

By MarketsFarm WINNIPEG, Dec. 8 (MarketsFarm) – The Canadian dollar remain relatively steady on Tuesday as its United States counterpart regained a pinch of lost strength. The dollar finished at US$0.7808 or US$1.2808, compared to Monday’s close of US$0.7812 or US$1=C$1.2801. The U.S. Dollar Index saw the greenback rise 0.173 at 90.875 points. Benchmark crude […] Read more

Canadian Dollar and Business Outlook: Loonie, greenback holding firm

Crude oil prices down as COVID-19 surges

By MarketsFarm WINNIPEG, Dec. 8 (MarketsFarm) – The Canadian dollar was relatively steady Tuesday morning, as its United States counterpart was virtually unchanged. As of 8:40 CST, the Canadian dollar was at US$0.7817 or C$1.2792, compared to Monday’s close of US$0.7812 or C$1.2801. The U.S. Dollar Index nudged up 0.013 putting the greenback at 90.715 […] Read more





Canadian Financial Close: C$ tops 78 U.S. cents

By MarketsFarm WINNIPEG, Dec. 4 (MarketsFarm) – The Canadian dollar was stronger on Friday, hitting its best levels in two years relative to its United States counterpart. The Canadian dollar closed at US$0.7812 or US$1=C$1.2801, which compares with Thursday’s North American close of US$0.7764 or US$1=C$1.2880. Better-than-expected domestic jobs data, coupled with softer employment data […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 4 (MarketsFarm) – The Canadian dollar was stronger on Friday morning.      At 8:45 CST Friday morning the Canadian dollar was at US$0.7792 or US$1=C$1.2833, which compares with Thursday’s North American close of US$0.7764 or US$1=C$1.2880. Global stock indices were stronger. Statistics Canada reported the Canadian economy added 62,000 jobs in […] Read more


Canadian Financial Close: Dollar stronger on Thursday

By MarketsFarm WINNIPEG, Dec. 3 (MarketsFarm) – The Canadian dollar was stronger on Thursday. The dollar finished the day at US$0.7764 or US$1=C$1.2880, compared to Wednesday when it closed at US$0.7731 or US$1=C$1.2934. Global stock indices were slightly lower, following news that Pfizer is struggling with supply-chain issues with the COVID-19 vaccine. This erased previous […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 3 (MarketsFarm) – The Canadian dollar was stronger on Thursday.      At 8:30 CST Thursday morning the Canadian dollar was at US$0.7745 or US$1=C$1.2911, which compares with Wednesday’s North American close of US$0.7732 or US$1=C$1.2934. Crude oil prices were slightly lower in early activity, following reports that the Organization of Petroleum […] Read more