By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was spiking on Thursday morning, supported by sharp losses in the United States dollar and upticks in global crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7259 or C$1.3777, compared to Wednesday’s close of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar […] Read more

Compiled by MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar was virtually unchanged on Wednesday, as the United States dollar and global crude prices offered little direction either way. The loonie closed at US$0.7207 or US$1=C$1.3875, compared to Monday’s finish of US$0.7209 or US$1=C$1.3871. On the U.S. Dollar Index, the greenback eased back 0.029 […] Read more

By MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar was eased back on Wednesday morning, as pressure from a stronger United States dollar was essentially balanced by support from higher crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7202 or C$1.3882, compared to Tuesday’s close of US$0.7209 or US$1=C$1.3871. On […] Read more

Compiled by MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The Canadian dollar continued its downward slide on Tuesday, shedding two-tenths of a cent as its United States counterpart was on the rise, while somewhat grim economic news came from Statistics Canada, and crude oil fell back. The loonie closed at US$0.7209 or US$1=C$1.3871, compared to Monday’s […] Read more

By MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The Canadian dollar slipped back on Tuesday morning, due to a stronger United States dollar and following the release of gross domestic product data. As of 8:35 am CDT, the loonie was at US$0.7210 or C$1.3875, compared to Monday’s close of US$0.7229 or US$1=C$1.3833. On the U.S. Dollar […] Read more

WINNIPEG – The Canadian dollar edged up on Monday, due to a pullback in the United States dollar and despite a drop in global crude oil prices. The loonie closed at US$0.7229 or US$1=C$1.3833, compared to Friday’s finish of US$0.7217 or US$1=C$1.3857. On the U.S. Dollar Index, the greenback gave up 0.445 of a point […] Read more

By MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The Canadian dollar bumped up on Monday morning, due to a slip in the United States dollar and an increase in domestic crude oil. As of 8:38 am CDT, the loonie was at US$0.7233 or C$1.3825, compared to Friday’s close of US$0.7217 or US$1=C$1.3857. On the U.S. Dollar […] Read more

WINNIPEG – The Canadian dollar sank to its lowest closing exchange rate since last October on Friday. The loonie closed at US$0.7217 or US$1=C$1.3857, compared to US$0.7233 or US$1=C$1.3825 on Thursday. The United States Dollar Index was down 0.05 of a point at 106.55. Crude oil prices surged on Friday after the U.S. conducted air […] Read more

WINNIPEG – The Canadian dollar was virtually unchanged on Friday morning. The loonie was at US$0.7234 or US$1=C$1.3824, compared to Thursday’s close of US$0.7233 or US$1=C$1.3825. The United States Dollar Index was down 0.15 of a point at 106.46. Crude oil prices were higher after the U.S. conducted air strikes on Iran-linked facilities in Syria, […] Read more

WINNIPEG – The Canadian dollar was in decline once again on Thursday. The loonie closed at US$0.7233 or US$1=C$1.3825, compared to US$0.7256 or US$1=C$1.3782 on Wednesday. That day, the Bank of Canada (BoC) left its key interest rate unchanged at five per cent, while raising the possibility of future rate hikes. The United States Dollar […] Read more