WINNIPEG – The Canadian dollar took a tumble on Monday, following the lead of crude oil prices. As of 3:20 p.m. CDT, the loonie was at US$0.7312 or US$1=C$1.3676, compared to US$0.7396 or US$1=C$1.3520 on Friday. The Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the National Day […] Read more
Canadian Financial Close: Red day on the markets
Canadian Dollar and Business Outlook: Loonie, TSX retreat
WINNIPEG – The Canadian dollar took a big step back on Monday morning. The loonie was at US$0.7333 or US$1=C$1.3637, down from US$0.7396 or US$1=C$1.3520 on Friday. The Bank of Canada (BoC) will not publish a closing exchange rate today due to the National Day For Truth And Reconciliation. The United States Dollar Index was […] Read more
Canadian Financial Close: Loonie back under 74 U.S. cents
Greenback, crude oil slip
Compiled by MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar continued to vacillate either side of 74 United States on Friday, as it slipped beneath the mark. The loonie closed at US$0.7396 or US$1=C$1.3520, compared to Thursday’s finish of US$0.7411 or US$1=C$1.3493. On the U.S. Dollar Index, the greenback dipped 0.038 of a point […] Read more
Canadian Dollar and Business Outlook: Loonie following crude oil higher
Greenback losing ground
By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was higher on Friday morning, benefitting from a drop in the United States dollar and an upswing in crude oil prices. As of 8:41 am CDT, the loonie was at US$0.7425 or C$1.3465, compared to Thursday’s close of US$0.7411 or US$1=C$1.3493. On the U.S. Dollar […] Read more
Canadian Financial Close: Loonie closes above 74 U.S. cents
Greenback takes a tumble
Compiled by MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar bumped up on Thursday, as it gleaned support from declines in the United States dollar. However, losses in crude oil put a cap on those gains. The loonie closed at US$0.7411 or US$1=C$1.3493, compared to Wednesday’s finish of US$0.7399 or US$1=C$1.3515. On the U.S. […] Read more
Canadian Dollar and Business Outlook: Loonie rises above 74 U.S. cents
Greenback gives up ground
By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar edged higher on Thursday morning, due to a decline in the United States dollar. As of 8:45 am CDT, the loonie was at US$0.7408 or C$1.3499, compared to Wednesday’s close of US$0.7399 or US$1=C$1.3515. On the U.S. Dollar Index, the greenback was down 0.391 of […] Read more
Canadian Financial Close: Loonie dips under 74 U.S. cents
Surges in greenback, crude oil
Compiled by MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The Canadian dollar remained relatively steady despite a strong upswing in the United States dollar on Wednesday and significant hikes in global crude oil prices. The loonie closed at US$0.7399 or US$1=C$1.3515, compared to Tuesday’s finish of US$0.7402 or US$1=C$1.3509. On the U.S. Dollar Index, the greenback […] Read more
Canadian Dollar and Business Outlook: Loonie holding steady
Strong upswing in crude oil prices
By MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday morning, as additional strength in the United States dollar was virtually balanced off by higher crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7398 or C$1.3520, compared to Tuesday’s close of US$0.7402 or US$1=C$1.3509. On the […] Read more
Canadian Financial Close: Loonie falls further
Greenback rises, crude oil slips
Compiled by MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The Canadian dollar continued to slide back on Tuesday, coming very close to the 74 U.S. cent mark as the United States dollar bumped up and crude oil prices dipped. The loonie closed at US$0.7402 or US$1=C$1.3509, compared to Monday’s finish of US$0.7423 or US$1=C$1.3471. On the […] Read more
Canadian Dollar and Business Outlook: Loonie losing ground
Crude oil dips
WINNIPEG – The Canadian dollar was pulled lower on Tuesday morning, due to small losses in crude oil while the United States dollar inched up slightly. As of 8:44 am CDT, the loonie was at US$0.7410 or C$1.3493, compared to Monday’s close of US$0.7423 or US$1=C$1.3471. On the U.S. Dollar Index, the greenback was up […] Read more