By MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The Canadian dollar settled near unchanged on Tuesday, with updated inflation data doing little to move the market. The Canadian dollar settled at US$0.7582 or US$1=C$1.3190 on Tuesday, which compares with Monday’s close of US$0.7583 or US$1=C$1.3187. Canada’s consumer price index was up by 2.8 per cent […] Read more
Canadian Financial Close: C$ holds steady
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The Canadian dollar was slightly weaker Tuesday morning, as currency traders reacted to the country’s latest inflation data. At 8:40 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7563 or US$1=C$1.3222, which compares with Monday’s close of US$0.7583 or US$1=C$1.3187. Canada’s consumer price index was up […] Read more
Canadian Financial Close: C$ steady
By MarketsFarm WINNIPEG, July 17 (MarketsFarm) – The Canadian dollar held within a narrow range on Monday, seeing some consolidation after retreating from nearby highs on Friday. The Canadian dollar settled at US$0.7583 or US$1=C$1.3187 on Monday, which compares with Friday’s close of US$0.7586 or US$1=C$1.3183. Foreign investment in Canadian securities came in at […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, July 17 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, seeing some consolidation to start the week after correcting off nearby highs on Friday. At 8:50 a.m. CDT Monday morning the Canadian dollar was at US$0.7578 or US$1=C$1.3196, which compares with Friday’s close of US$0.7586 or US$1=C$1.3183. Foreign investment […] Read more
Canadian Financial Close: Loonie doesn’t stay above 76 U.S. cents
US dollar a little stronger today
Compiled by MarketsFarm WINNIPEG, July 14 (MarketsFarm) – The Canadian dollar lacked the strength to remain above 76 U.S. cents on Friday, due to ground taken back by the United States dollar and losses in crude oil prices. The loonie closed at US$0.7586 or US$1=C$1.3183, compared to Thursday’s finish of US$0.7617 or US$1=C$1.3128. On the […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
Uptick in greenback while crude slips
By MarketsFarm WINNIPEG, July 14 (MarketsFarm) – The Canadian dollar was relatively steady on Friday morning, in light of a slight increase in the United States dollar and minute decreases in global crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7613 or C$1.3137, compared to Thursday’s close of US$0.7617 or US$1=C$1.3128. […] Read more
Canadian Financial Close: Loonie gaining more strength
Greenback loses more ground, crude oil on the rise
Compiled by MarketsFarm WINNIPEG, July 13 (MarketsFarm) – The Canadian dollar eclipsed the 76 U.S. cent mark on Thursday, gleaning support from continued losses in the United States dollar and increases in crude oil prices. The loonie closed at US$0.7617 or US$1=C$1.3128, compared to Wednesday’s finish of US$0.7583 or US$1=C$1.3188. On the U.S. Dollar Index […] Read more
Canadian Dollar and Business Outlook: Inching towards 76 U.S. cents
Greenback slides to lowest levels in more than a year
By MarketsFarm WINNIPEG, July 13 (MarketsFarm) – The Canadian dollar was higher on Thursday morning, largely due to a weaker United States dollar. As of 8:37 am CDT, the loonie was at US$0.7598 or C$1.3157, compared to Wednesday’s close of US$0.7583 or US$1=C$1.3188. On the U.S. Dollar Index, the greenback dropped 0.378 of a point […] Read more
Canadian Financial Close: Loonie climbs higher by more than four-tenths
U.S. greenback takes a tumble
Compiled by MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, benefitting largely from a weaker United States counterpart, along with small gains in crude oil prices. The loonie closed at US$0.7583 or US$1=C$1.32188, compared to Tuesday’s finish of US$0.7541 or US$1=C$1.3260. On the U.S. Dollar Index the greenback fell sharply […] Read more
Canadian Dollar and Business Outlook: Loonie on the rise
BoC rate announcement this morning
By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning, getting strength from a weaker United States dollar and small upticks in global crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7574 or C$1.3199, compared to Tuesday’s close of US$0.7541 or US$1=C$1.3260. On the United States […] Read more