Canadian Dollar and Business Outlook: Loonies cracks 73 U.S. cents

Greenback continues to fall back

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar continued on its upward surge Friday morning, as its United States counterpart dropped back. As of 8:33 am CDT, the loonie was at US$0.7309 or C$1.3687, compared to Thursday’s close of US$0.7258 or US$1=C$1.3778. On the U.S. Dollar Index, the greenback fell 0.822 of a […] Read more

Canadian Financial Close: Loonie advances along with crude oil

Drop in greenback adds more support

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as its United Stated counterpart lost significant ground and global crude oil prices made healthy gains. The loonie closed at US$0.7258 or US$1=C$1.3778, compared to Wednesday’s finish of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar Index, the greenback tumbled 0.685 […] Read more


Canadian Dollar and Business Outlook: Loonie surges upward

Weaker greenback spurs jump

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was spiking on Thursday morning, supported by sharp losses in the United States dollar and upticks in global crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7259 or C$1.3777, compared to Wednesday’s close of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar […] Read more

Canadian Financial Close: Loonie holds relatively steady

Greenback, crude largely standpat

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar was virtually unchanged on Wednesday, as the United States dollar and global crude prices offered little direction either way. The loonie closed at US$0.7207 or US$1=C$1.3875, compared to Monday’s finish of US$0.7209 or US$1=C$1.3871. On the U.S. Dollar Index, the greenback eased back 0.029 […] Read more


Canadian Dollar and Business Outlook: Loonie inches lower

Greenback, crude oil square off

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar was eased back on Wednesday morning, as pressure from a stronger United States dollar was essentially balanced by support from higher crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7202 or C$1.3882, compared to Tuesday’s close of US$0.7209 or US$1=C$1.3871. On […] Read more

Canadian Financial Close: Loonie’s downturn presses on

Economic data points to recession

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The Canadian dollar continued its downward slide on Tuesday, shedding two-tenths of a cent as its United States counterpart was on the rise, while somewhat grim economic news came from Statistics Canada, and crude oil fell back. The loonie closed at US$0.7209 or US$1=C$1.3871, compared to Monday’s […] Read more


Canadian Dollar and Business Outlook: Loonie steps back

Zero per cent growth in August - StatCan

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The Canadian dollar slipped back on Tuesday morning, due to a stronger United States dollar and following the release of gross domestic product data. As of 8:35 am CDT, the loonie was at US$0.7210 or C$1.3875, compared to Monday’s close of US$0.7229 or US$1=C$1.3833. On the U.S. Dollar […] Read more

Canadian Financial Close: A correction for the loonie

Greenback, crude oil weaken

Reading Time: < 1 minute WINNIPEG – The Canadian dollar edged up on Monday, due to a pullback in the United States dollar and despite a drop in global crude oil prices. The loonie closed at US$0.7229 or US$1=C$1.3833, compared to Friday’s finish of US$0.7217 or US$1=C$1.3857. On the U.S. Dollar Index, the greenback gave up 0.445 of a point […] Read more


Canadian Dollar and Business Outlook: Loonie regains some lost ground

Greenback slips, WCS rises

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The Canadian dollar bumped up on Monday morning, due to a slip in the United States dollar and an increase in domestic crude oil. As of 8:38 am CDT, the loonie was at US$0.7233 or C$1.3825, compared to Friday’s close of US$0.7217 or US$1=C$1.3857. On the U.S. Dollar […] Read more

Canadian Financial Close: Loonie falls to year-long low

Reading Time: < 1 minute 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