Canadian Financial Close: Loonie rises on weak U.S. greenback

Reading Time: < 1 minute WINNIPEG – The Canadian dollar extended its recent climb, reaching a calendar-year high close. The loonie closed at US$0.7546 or US$1=C$1.3252, compared to US$0.7520 or US$1=C$1.3297 on Wednesday. The United States Dollar Index fell 0.82 of a point at 102.12. The Federal Reserve announced on Wednesday it was leaving its key interest rates unchanged. Earlier […] Read more


Canadian Dollar and Business Outlook: Loonie lower, crude oil makes gains

Reading Time: < 1 minute WINNIPEG – The Canadian dollar eased off on Thursday morning, but remained above the 75 United States cent mark. The loonie was at US$0.7515 or US$1=C$1.3307, down from US$0.7520 or US$1=C$1.3298 on Wednesday. The U.S. Dollar Index declined 0.23 of a point at 102.72. The Federal Reserve announced on Wednesday it was leaving its key […] Read more










Canadian Financial Close: C$ strengthens ahead of weekend

Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The Canadian dollar was firmer on Friday, finding some support to end the week despite losses in crude oil and soft jobs data. The Canadian dollar settled at US$0.7496 or US$1=C$1.3341 on Friday, which compares with Thursday’s close of US$0.7486 or US$1=C$1.3358. Canada’s unemployment rate edged higher for […] Read more