Currency Markets

WINNIPEG – The Canadian dollar went down for the third straight day on Thursday. The loonie closed at US$0.7372 or US$1=C$1.3565 on Thursday, compared to US$0.7379 or US$1=C$1.3552 on Wednesday. The United States Dollar Index rose 0.58 of a point at 104.00, hitting its highest level since June 7. Despite showing weakness throughout much of […] Read more

WINNIPEG – The Canadian dollar took another step back on Thursday while crude oil prices continued to come down. The loonie was at US$0.7371 or US$1=C$1.3567, down from US$0.7379 or US$1=C$1.3552 on Wednesday. The United States Dollar Index was up 0.38 points to 103.80. Crude oil prices were down due to improved supply outlooks from […] Read more

WINNIPEG – The Canadian dollar was virtually unchanged on Wednesday, down by a miniscule increment. The loonie closed at US$0.7379 or US$1=C$1.3552 on Wednesday, compared to US$0.7381 or US$1=C$1.3549 on Tuesday. Statistics Canada reported on Wednesday that retail sales increased by 0.4 per cent in July. The United States Dollar Index was down 0.17 of […] Read more

WINNIPEG – The Canadian dollar slipped on Wednesday as crude oil prices took a hit. The loonie was at US$0.7363 or US$1=C$1.3581, down from US$0.7381 or US$1=C$1.3549 on Tuesday. Statistics Canada reported earlier today that retail sales increased by 0.4 per cent in July, following a 0.1 per cent gain in June. The United States […] Read more

WINNIPEG, Aug. 22 (MarketsFarm) – The Canadian dollar dipped by a small amount on Tuesday. The loonie closed at US$0.7381 or US$1=C$1.3549 on Tuesday, compared to US$0.7384 or US$1=C$1.3543 on Monday. The United States Dollar Index bumped up 0.31 of a point at 103.61, one of its highest levels since June. Crude oil was down […] Read more

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

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

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

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

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