Canadian Financial Close: Loonie closes lower on Tuesday

By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, along with losses in the stock market. The dollar finished the day at US$0.7468 or US$1=C$1.3391, compared to Monday when it closed at US$0.7475 or US$1=C$1.3378. A recent survey showed a large percentage of Canadian doctors are concerned flu vaccine […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was steady on Tuesday, due to a strengthening United States dollar.      At 8:40 CDT Tuesday morning the Canadian dollar was at US$0.7474 or US$1=C$1.3379, which compares with Monday’s North American close of US$0.7475 or US$1=C$1.3378. A recent report from Standard & Poor’s showed U.S. […] Read more


Canadian Financial Close: Loonie slightly stronger to start the week

By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar was slightly higher to start the week. The dollar finished the day at US$0.7675 or US$1=C$1.3378, compared to Friday when it closed at US$0.7465 or US$1=C$1.3396. The President of Cleveland’s Federal Reserve Bank, Loretta Mester, said the U.S. must address gaps in economic opportunity across […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, along with a firm tone for global stock indices.      At 9:00 CDT Monday morning the Canadian dollar was at US$0.7472 or US$1=C$1.3383, which compares with Friday’s North American close of US$0.7465 or US$1=C$1.3396. Global stock indices were spurred by […] Read more


Canadian Financial Close: C$ ends week on soft note

By MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its lowest levels in seven weeks relative to its United States counterpart amid heightened concerns over a second wave of COVID-19. The Canadian dollar closed at US$0.7465 or US$1=C$1.3396, which compares with Thursday’s North American close of US$0.7477 or US$1=C$1.3374. […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar continued to weaken relative to its United States counterpart Friday morning, amid mounting concerns over a second-wave of the COVID-19 pandemic. At 9:18 CDT Friday morning the Canadian dollar was at US$0.7469 or C$1.3389 which was down from Thursday’s North American close of US$0.7477 or […] Read more


Canadian Financial Close: C$ weakens

By MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The Canadian dollar was weaker on Thursday, retreating from earlier gains amid ongoing concerns over a second wave of COVID-19. The Canadian dollar closed at US$0.7477 or US$1=C$1.3374, which compares with Wednesday’s North American close of US$0.7486 or US$1=C$1.3358. Canada’s minority-Liberal government announced plans to increase pandemic spending, […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, seeing a continuation of Wednesday’s losses relative to its United States counterpart. At 9:23 CDT Thursday morning the Canadian dollar was at US$0.7470 or C$1.3387 which was down from Wednesday’s North American close of US$0.7486 or C$1.3358. Concerns over the COVID-19 […] Read more


Canadian Financial Close: C$ weakens after throne speech

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, falling below 75 U.S. cents as markets reacted to the Canadian government’s pandemic recovery plan. The Canadian dollar closed at US$0.7486 or US$1=C$1.3358, which compares with Tuesday’s North American close of US$0.7513 or US$1=C$1.3310. The Liberal’s speech from the throne included […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was slightly weaker Wednesday morning, with renewed pandemic concerns and weaker-than-expected economic data out of Europe causing investors to look to the safe haven United States currency. At 9:02 CDT Wednesday morning the Canadian dollar was at US$0.7496 or C$1.3293 which was down from Tuesday’s […] Read more