Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar was slightly firmer Thursday morning, seeing some modest strength after falling relative to its United States counterpart the previous three sessions. At 8:45 a.m. CST Wednesday morning the Canadian dollar was trading at US$0.7264 or US$1=C$1.3767, which compares with Wednesday’s close of US$0.7248 or […] Read more

Canadian Financial Close: C$ weakens with crude oil

By MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7248 or US$1=C$1.3797 on Wednesday, which compares with Tuesday’s close of US$0.7267 or US$1=C$1.3760. The monthly value of building permits issued in Canada fell by 6.5 […] Read more


Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, as general strength in the United States dollar and weakness in crude oil weighed on the currency. At 8:45 a.m. CST Wednesday morning the Canadian dollar was trading at US$0.7256 or US$1=C$1.3782, which compares with Tuesday’s close of US$0.7267 or […] Read more

Canadian Financial Close: C$ weakens with oil

By MarketsFarm   WINNIPEG, Nov. 7 (MarketsFarm) – The Canadian dollar was weaker on Tuesday as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7267 or US$1=C$1.3760 on Tuesday, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Canada’s merchandise exports were up by 2.7 per cent in September […] Read more


Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Nov. 7 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, as losses in crude oil weighed on the energy-linked currency. At 8:39 a.m. CST Tuesday morning the Canadian dollar was trading at US$0.7266 or US$1=C$1.3763, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Canada’s merchandise exports were up by […] Read more

Canadian Financial Close: C$ steady Monday

WINNIPEG – The Canadian dollar held relatively steady on Monday, finding some support from a firm tone in crude oil. The Canadian dollar settled at US$0.7312 or US$1=C$1.3676 on Monday, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. Canada’s seasonally adjusted Ivey Purchasing Index came in at 53.4 in October, beating the 53.1 reading […] Read more


Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Nov. 6 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning, underpinned by gains in crude oil. At 8:47 a.m. CDT Monday morning the Canadian dollar was trading at US$0.7315 or US$1=C$1.3671, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. Confirmation from Saudi Arabia and Russia over the weekend […] Read more

Canadian Financial Close: Loonie resurfaces above 73 U.S. cents

Greenback loses more strength

Compiled by MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar jumped a half cent on Friday, as its United States counterpart continued to tumble. The loonie closed at US$0.7308 or US$1=C$1.3683, compared to Thursday’s finish of US$0.7258 or US$1=C$1.3778. On the U.S. Dollar Index, the greenback plummeted 1.042 points at 104.935. Benchmark crude oil […] Read more


Canadian Dollar and Business Outlook: Loonies cracks 73 U.S. cents

Greenback continues to fall back

By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar continued on its upward surge Friday morning, as its United States counterpart dropped back. As of 8:33 am CDT, the loonie was at US$0.7309 or C$1.3687, compared to Thursday’s close of US$0.7258 or US$1=C$1.3778. On the U.S. Dollar Index, the greenback fell 0.822 of a […] Read more

Canadian Financial Close: Loonie advances along with crude oil

Drop in greenback adds more support

Compiled by MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as its United Stated counterpart lost significant ground and global crude oil prices made healthy gains. The loonie closed at US$0.7258 or US$1=C$1.3778, compared to Wednesday’s finish of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar Index, the greenback tumbled 0.685 […] Read more