Currency Markets

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

WINNIPEG – The Canadian dollar maintained its steady decline on Thursday morning, one day after an announcement from the Bank of Canada (BoC). The loonie was at US$0.7241 or US$1=C$1.3810, lower than Wednesday’s close of US$0.7256 or US$1=C$1.3782. The BoC announced its key interest rate decision on Wednesday, leaving it unchanged. The United States Dollar […] Read more

WINNIPEG – The Canadian dollar dropped on Wednesday after an announcement from the Bank of Canada (BoC) The loonie closed at US$0.7256 or US$1=C$1.3782, compared to US$0.7283 or US$1=C$1.3731 on Tuesday. The BoC left its key interest rate unchanged at five per cent, but also raised the possibility of future rate hikes. The United States […] Read more

WINNIPEG – The Canadian dollar retreated on Wednesday ahead of an announcement from the Bank of Canada (BoC). The loonie was at US$0.7261 or US$1=C$1.3772 on Wednesday morning, lower than Tuesday’s close of US$0.7283 or US$1=C$1.3731. The BoC will announce its key interest rate decision later today, which is expected to leave the rate unchanged. […] Read more

WINNIPEG – The Canadian dollar dropped below 73 United States cents on Tuesday due to a stronger United States greenback and falling crude oil prices. The loonie closed at US$0.7283 or US$1=C$1.3731, compared to US$0.7303 or US$1=C$1.3693 on Monday. The Bank of Canada (BoC) will announce its latest key interest rate decision on Wednesday, which […] Read more

WINNIPEG – The Canadian dollar once again fell below 73 United States cents on Tuesday. The loonie was at US$0.7288 or US$1=C$1.3721 on Tuesday morning, lower than Monday’s close of US$0.7303 or US$1=C$1.3693. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday, which is expected to leave the rate unchanged. […] Read more

WINNIPEG – The Canadian dollar was virtually unchanged on Monday, remaining above the 73 United States cent mark. The loonie closed at US$0.7303 or US$1=C$1.3693, compared to US$0.7302 or US$1=C$1.3695 on Friday. The U.S. Dollar Index was down 0.54 of a point at 105.62. Crude oil prices took a dip on Monday after the Red […] Read more

WINNIPEG – The Canadian dollar stepped back below 73 United States cents to begin the week. The loonie was at US$0.7289 or US$1=C$1.3719 on Monday morning, lower than Friday’s close of US$0.7302 or US$1=C$1.3695. The U.S. Dollar Index was only down 0.02 of a point at 106.15. Crude oil prices were down as talks over […] Read more