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 Dollar and Business Outlook: Loonie takes small step upward
Most U.S. markets closed for Memorial Day
Canadian Financial Close: Loonie steady, crude oil up to end week
WINNIPEG – The Canadian dollar was relatively steady at the end of the week. The loonie closed at US$0.7341 or US$1=C$1.3623, compared to US$0.7338 or US$1=C$1.3628 on Thursday. The United States Dollar Index declined 0.05 of a point at 104.21. There will be no trading in the U.S. on Monday due to the Memorial Day […] Read more
Canadian Dollar and Business Outlook: Loonie stays put, crude oil higher
WINNIPEG – The Canadian dollar was relatively steady on Friday morning. The loonie was at US$0.7339 or US$1=C$1.3626, up from US$0.7338 or US$1=C$1.3628 on Thursday. The United States Dollar Index dropped 0.12 of a point at 104.13. There will be no trading in the U.S. on Monday due to the Memorial Day holiday. Crude oil […] 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 Dollar and Business Outlook: Loonie goes down, crude oil falls
WINNIPEG – The Canadian dollar slid downwards Thursday morning. The loonie was at US$0.7340 or US$1=C$1.3624, down from US$0.7363 or US$1=C$1.3582 on Wednesday. The United States Dollar Index added 0.26 of a point at 104.15. The U.S. Commerce Department reported that the country’s economy grew at an annual rate of 1.3 per cent in the […] Read more
Canadian Financial Close: Loonie down, crude oil jumps
WINNIPEG – The Canadian dollar dropped below the 74 United States cent mark on Wednesday. The loonie closed at US$0.7363 or US$1=C$1.3582, compared to US$0.7405 or US$1=C$1.3504 on Tuesday. The U.S. Dollar Index increased 0.39 of a point at 103.88. Crude oil jumped on Tuesday after U.S. stockpiles fell by more than 12 million barrels, […] Read more
Canadian Dollar and Business Outlook: Loonie down, TSX tumbles
WINNIPEG – The Canadian dollar fell below the 74 United States cent mark on Wednesday morning. The loonie was at US$0.7382 or US$1=C$1.3546, down from US$0.7404 or US$1=C$1.3506 late Tuesday. The Bank of Canada (BoC) did not post its exchange rate on Tuesday. The United States Dollar Index added 0.09 of a point at 103.56. […] Read more
Canadian Financial Close: Loonie steady, crude oil advances
WINNIPEG – The Canadian dollar was relatively steady near the end of close on Tuesday following the long weekend. The loonie was at US$0.7404 or US$1=C$1.3506 late Tuesday, compared to US$0.7406 or US$1=C$1.3503 on Friday. The Bank of Canada (BoC) did not post an exchange rate on Monday due to the Victoria Day holiday. The […] Read more
Canadian Dollar and Business Outlook: Loonie lower after long weekend
WINNIPEG – The Canadian dollar slightly eased off coming out of the Victoria Day weekend. The loonie was at US$0.7403 or US$1=C$1.3508, down from US$0.7406 or US$1=C$1.3503 on Friday. The Bank of Canada (BoC) did not post its exchange rate on Monday due to the Victoria Day holiday. The United States Dollar Index added 0.32 […] Read more
Canadian Financial Close: C$ 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