WINNIPEG – The Canadian dollar was relatively steady on Tuesday morning, as there was little movement in the United States dollar and in crude oil prices. The loonie was at US$0.7382 or US$1=C$1.3546, down from US$0.7384 or US$1=C$1.3543 on Monday. The United States Dollar Index jumped 0.24 points to 103.54. Despite increasing supply and demand […] Read more
Canadian Dollar and Business Outlook: Little change for loonie, crude oil
Canadian Financial Close: Loonie moves upwards
WINNIPEG – The Canadian dollar made a slight gain to begin the week. The loonie closed at US$0.7384 or US$1=C$1.3543 on Monday, compared to US$0.7379 or US$1=C$1.3552 on Friday. The United States Dollar Index was down 0.02 of a point at 103.35. Crude oil was lower due to demand risk in China and the U.S. […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil rise on Monday
WINNIPEG – The Canadian dollar was getting closer to the 74 United States cent mark on Monday morning. The loonie was at US$0.7399 or US$1=C$1.3515, up from US$0.7379 or US$1=C$1.3552 on Friday. The United States Dollar Index was down 0.04 points to 103.34. Due to ongoing tightening supply, crude oil was on the rise. Brent […] Read more
Canadian Financial Close: Loonie down further
No support from lower greenback, higher crude oil
WINNIPEG – The Canadian dollar continued to fall on Friday, despite losses in the United States dollar and upticks in crude oil prices. The loonie closed at US$0.7379 or US$1=C$1.3552, compared to Thursday’s finish of US$0.7394 or US$1=C$1.3524. On the U.S. Dollar Index, the greenback dipped 0.145 of a point at 103.325. Benchmark crude oil […] Read more
Canadian Dollar and Business Outlook: As oil dips loonie slips
Canadian dollar slides further away from 74 U.S. cents
By MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – The Canadian dollar lost more ground on Friday morning, due to slight declines in global crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7377 or C$1.3555, compared to Thursday’s close of US$0.7394 or US$1=C$1.35124. On the U.S. Dollar Index, the greenback was virtually unchanged […] Read more
Canadian Financial Close: Loonie can’t hold above 74 U.S. cents
WINNIPEG – The Canadian dollar remained a shade under 74 United States cents Thursday, unable to gain any traction to move significantly either way. The loonie closed at US$0.7394 or US$1=C$1.3524, compared to Wednesday’s finish of US$0.7398 or US$1=C$1.3518. On the U.S. Dollar Index, the greenback was virtually unchanged giving up only 0.004 of a […] Read more
Canadian Dollar and Business Outlook: Loonie lurches over 74 U.S. cents
Greenback lower, crude oil higher
By MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – The Canadian dollar was a pinch higher on Thursday morning, as the United States dollar pulled back and crude oil prices pushed upward. As of 8:36 am CDT, the loonie was at US$0.7404 or C$1.3508, compared to Wednesday’s close of US$0.7398 or US$1=C$1.3518. On the U.S. Dollar Index, […] Read more
Canadian Financial Close: C$ weakens Wednesday
By MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, hitting its softest level in over two months relative to its United States counterpart. The Canadian dollar settled at US$0.7398 or US$1=C$1.3518 on Wednesday, which compares with Tuesday’s close of US$0.7417 or US$1=C$1.3482. Wholesale sales in Canada were down by […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The Canadian dollar was slightly softer relative to its United States counterpart Wednesday morning. At 9:02 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7405 or US$1=C$1.3504, which compares with Tuesday’s close of US$0.7417 or US$1=C$1.3409. Wholesale sales in Canada were down by 2.8 per cent […] Read more
Canadian Financial Close: Loonie pulled lower again
Crude continues to decrease
Compiled by MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The Canadian dollar slid further Tuesday, devoid of support from crude oil prices, compounded by increased inflation in the country. The loonie closed at US$0.7417 or US$1=C$1.3482, compared to Monday’s finish of US$0.7429 or US$1=C$1.3461. On the U.S. Dollar Index, the greenback inched up 0.037 of a […] Read more