Reading Time: < 1 minute WINNIPEG – The Canadian dollar fell below the 73 United States cent mark on Tuesday. The loonie closed at US$0.7293 or US$1=C$1.3711, compared to US$0.7396 or US$1=C$1.3520 on Friday. While the Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the National Day For Truth And Reconciliation, that afternoon […] Read more
Canadian Financial Close: Loonie down, crude oil bounces back
Canadian Dollar and Business Outlook: Loonie, TSX move lower
Reading Time: < 1 minute WINNIPEG – The Canadian dollar was testing the downside on Tuesday morning after a large drop on Monday. The loonie was at US$0.7306 or US$1=C$1.3687 on Tuesday morning, compared to Friday’s close of US$0.7396 or US$1=C$1.3520. While the Bank of Canada (BoC) was closed on Monday to mark the National Day For Truth And Reconciliation, […] Read more
Canadian Financial Close: Red day on the markets
Reading Time: < 1 minute WINNIPEG – The Canadian dollar took a tumble on Monday, following the lead of crude oil prices. As of 3:20 p.m. CDT, the loonie was at US$0.7312 or US$1=C$1.3676, compared to US$0.7396 or US$1=C$1.3520 on Friday. The Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the National Day […] Read more
Canadian Dollar and Business Outlook: Loonie, TSX retreat
Reading Time: < 1 minute WINNIPEG – The Canadian dollar took a big step back on Monday morning. The loonie was at US$0.7333 or US$1=C$1.3637, down from US$0.7396 or US$1=C$1.3520 on Friday. The Bank of Canada (BoC) will not publish a closing exchange rate today due to the National Day For Truth And Reconciliation. The United States Dollar Index was […] Read more
Canadian Financial Close: Loonie back under 74 U.S. cents
Greenback, crude oil slip
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar continued to vacillate either side of 74 United States on Friday, as it slipped beneath the mark. The loonie closed at US$0.7396 or US$1=C$1.3520, compared to Thursday’s finish of US$0.7411 or US$1=C$1.3493. On the U.S. Dollar Index, the greenback dipped 0.038 of a point […] Read more
Canadian Dollar and Business Outlook: Loonie following crude oil higher
Greenback losing ground
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was higher on Friday morning, benefitting from a drop in the United States dollar and an upswing in crude oil prices. As of 8:41 am CDT, the loonie was at US$0.7425 or C$1.3465, compared to Thursday’s close of US$0.7411 or US$1=C$1.3493. On the U.S. Dollar […] Read more
Canadian Financial Close: Loonie closes above 74 U.S. cents
Greenback takes a tumble
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar bumped up on Thursday, as it gleaned support from declines in the United States dollar. However, losses in crude oil put a cap on those gains. The loonie closed at US$0.7411 or US$1=C$1.3493, compared to Wednesday’s finish of US$0.7399 or US$1=C$1.3515. On the U.S. […] Read more
Canadian Dollar and Business Outlook: Loonie rises above 74 U.S. cents
Greenback gives up ground
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar edged higher on Thursday morning, due to a decline in the United States dollar. As of 8:45 am CDT, the loonie was at US$0.7408 or C$1.3499, compared to Wednesday’s close of US$0.7399 or US$1=C$1.3515. On the U.S. Dollar Index, the greenback was down 0.391 of […] Read more
Canadian Financial Close: Loonie dips under 74 U.S. cents
Surges in greenback, crude oil
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The Canadian dollar remained relatively steady despite a strong upswing in the United States dollar on Wednesday and significant hikes in global crude oil prices. The loonie closed at US$0.7399 or US$1=C$1.3515, compared to Tuesday’s finish of US$0.7402 or US$1=C$1.3509. On the U.S. Dollar Index, the greenback […] Read more
Canadian Dollar and Business Outlook: Loonie holding steady
Strong upswing in crude oil prices
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday morning, as additional strength in the United States dollar was virtually balanced off by higher crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7398 or C$1.3520, compared to Tuesday’s close of US$0.7402 or US$1=C$1.3509. On the […] Read more