Canadian Dollar and Business Outlook: Loonie takes small step upward

Most U.S. markets closed for Memorial Day

By MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning despite small upticks in the United States dollar and declines in crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7349 or C$1.3609, compared to Friday’s close of US$0.7341 or US$1=C$1.3623. On the U.S. Dollar Index, […] Read more




Canadian Financial Close: Down day on the markets

WINNIPEG – The Canadian dollar saw a decline of a quarter cent on Thursday. The loonie closed at US$0.7338 or US$1=C$1.3628, compared to US$0.7363 or US$1=C$1.3582 on Wednesday. The United States Dollar Index increased 0.36 of a point at 104.25. The U.S. Commerce Department reported today that the country’s economy grew at a 1.3 per […] Read more









Canadian Financial Close: C$ steady

By MarketsFarm   WINNIPEG, May 19 (MarketsFarm) – The Canadian dollar held steady on Friday, lacking any clear direction ahead of the Victoria Day long weekend. The Canadian dollar settled at US$0.7406 or US$1=C$1.3503 on Friday, which compares with Thursday’s close of US$0.7407 or US$1=C$1.3500. Canadian retail sales were down by 1.4 per cent in […] Read more