Canadian Financial Close: Down day on the markets

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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 Financial Close: C$ steady

Reading Time: < 1 minute 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


Canadian dollar and business outlook

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, May 19 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning, with gains in crude oil providing some support. At 8:42 a.m. CDT Friday morning the Canadian dollar was at US$0.7413 or US$1=C$1.3490, 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 […] Read more

Canadian Financial Close: C$ weakens

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar softened slightly relative to its United States counterpart on Thursday, as ideas that the U.S. government would raise its debt ceiling were supportive for that country’s currency. The Canadian dollar settled at US$0.7407 or US$1=C$1.3500 on Thursday, which compares with Wednesday’s close of US$0.7428 […] Read more