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 Dollar and Business Outlook: Loonie following crude oil higher
Greenback losing ground
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
Canadian Financial Close: Loonie inches lower
U.S. dollar gains strength
Compiled by MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar was a pinch softer on Monday, due to strength in the United States dollar and weakness in crude oil prices. The loonie closed at US$0.7423 or US$1=C$1.3471, compared to Friday’s finish of US$0.7427 or US$1=C$1.3464. On the U.S. Dollar Index, the greenback added 0.390 […] Read more
Canadian Dollar and Business Outlook: Loonie eases back
Lower greenback weighs on values
By MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar slightly lower on Monday morning, due to upticks in the United States dollar and despite slight gains in crude oil prices. As of 8:33 am CDT, the loonie was at US$0.7418 or C$1.3480, compared to Friday’s close of US$0.7427 or US$1=C$1.3464. On the U.S. Dollar […] Read more
Canadian Financial Close: C$ firms into weekend
By MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was firmer on Friday, seeing a recovery after Thursday’s losses as currency traders adjusted positions ahead of the weekend. The Canadian dollar settled at US$0.7427 or US$1=C$1.3464 on Friday, which compares with Thursday’s close of US$0.7415 or US$1=C$1.3486. Canadian retail sales were up by […] Read more