By MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – The Canadian dollar was steady on Tuesday morning. At 10:25 CDT Friday morning the Canadian dollar was at US$0.7667 or US$1=C$1.3042, which compares with Monday’s North American close of US$0.7668 or US$1=C$1.3042. The TSX was up by 48.11 points at 10:25 CDT to trade at 16,557.72 points. […] Read more
Canadian dollar and business outlook
Canadian Financial Close: Loonie starts the week stronger
By MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The Canadian dollar was stronger at Monday’s close, due to comparable weakness in the United States currency. The dollar finished the day at US$0.7668 or US$1=C$1.3042, compared to Friday when it closed at US$0.7635 or US$1=C$1.3097. The TSX Composite Index lost 191.35 points to close at 16,514.44. Benchmark […] Read more
Canadian Financial Close: Loonie continues to rally above 76 U.S. cents
U.S. Gulf oil production restarting
By MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – The Canadian dollar closed slightly higher on Friday, continuing to gain strength on the weakness of the United States dollar. The Canadian dollar finished at US$0.7635 or US$1=C$1.3097, compared to Thursday when it closed at US$0.7617 or US$1=C$1.3129. Benchmark crude oil prices were steady to lower on Thursday, […] Read more
Canadian Dollar and Business Outlook: Loonie gaining more strength
U.S. dollar remaining weak
By MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – The Canadian dollar was pushing higher on Friday morning, as the United States dollar moved lower. As of 8:51 CDT, the Canadian dollar was at US$0.7639 or C$1.3088, compared to Thursday’s close of US$0.7617 or C$1.3129. The greenback dropped to 92.40 points on the U.S, Dollar Index, losing […] Read more
Canadian Financial Close: Loonie takes another nudge upward
Crude slips as Laura moves on
By MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The Canadian dollar closed slightly higher on Thursday, as it continues to benefit from a weak United States dollar. The Canadian dollar finished at US$0.7617 or US$1=C$1.3129, compared to Wednesday when it closed at US$0.7602 or US$1=C$1.3155. The greenback hovered around 93.00 points on the U.S. Dollar Index, […] Read more
Canadian Dollar and Business Outlook: Above 76 U.S. cents loonie holding firm
U.S. greenback remains weak
By MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The Canadian dollar was relatively steady on Thursday morning, as the United States Dollar remained weak. As of 8:43 CDT, the Canadian dollar was at US$0.7610 or C$1.3134, compared to Wednesday’s close of US$0.7602 or C$1.3155. The U.S. Index slipped to 92.60 points, as the greenback continued to […] Read more
Canadian Financial Close: Loonie exceeds 76 U.S. cents
U.S. dollar unable to gain traction
By MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar closed at a seven-month high on Wednesday, due to continued weakness in its United States counterpart. The Canadian dollar finished at US$0.7602 or US$1=C$1.3155, compared to Tuesday when it closed at US$0.7579 or US$1=C$1.3194. The U.S. Dollar Index dipped below 93.00 points, as it remains […] Read more
Canadian Dollar and Business Outlook: Loonie nudges closer to 76 U.S. cents
U.S. greenback remains weak
By MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar was slightly higher on Wednesday morning, as the United States dollar remains weak. As of 8:50 CDT, the Canadian dollar was at US$0.7590 or C$1.3175, compared to Tuesday’s close of US$0.7579 or C$1.3294. The U.S. Dollar Index was hovering around 93.00 points, indicating other major […] Read more
Canadian Financial Close: Loonie inches up
U.S. greenback pulls back a little
By MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar finished relatively steady on Tuesday as the United States dollar was slightly weaker. The Canadian dollar finished at US$0.7579 or US$1=C$1.3194, compared to Monday when it closed at US$0.7572 or US$1=C$1.3207. The greenback on the U.S. Dollar Index, pulled back to 93.010 points, losing 0.30 […] Read more
Canadian Dollar and Business Outlook: Weaker greenback, higher loonie
Crude prices rise as Laura intensifies
By MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning, due to a weaker United States dollar. As of 8:48 CDT, the Canadian dollar was at US$0.7585 or C$1.3186, compared to Monday’s close of US$0.7572 or C$1.3207. The U.S. Dollar Index slipped under 93.100 points on Tuesday morning as […] Read more