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

Canadian Financial Close: Loonie falls further

Greenback rises, crude oil slips

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The Canadian dollar continued to slide back on Tuesday, coming very close to the 74 U.S. cent mark as the United States dollar bumped up and crude oil prices dipped. The loonie closed at US$0.7402 or US$1=C$1.3509, compared to Monday’s finish of US$0.7423 or US$1=C$1.3471. On the […] Read more



Canadian Financial Close: Loonie inches lower

U.S. dollar gains strength

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar was a pinch softer on Monday, due to strength in the United States dollar and weakness in crude oil prices. The loonie closed at US$0.7423 or US$1=C$1.3471, compared to Friday’s finish of US$0.7427 or US$1=C$1.3464. On the U.S. Dollar Index, the greenback added 0.390 […] Read more


Canadian Dollar and Business Outlook: Loonie eases back

Lower greenback weighs on values

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar slightly lower on Monday morning, due to upticks in the United States dollar and despite slight gains in crude oil prices. As of 8:33 am CDT, the loonie was at US$0.7418 or C$1.3480, compared to Friday’s close of US$0.7427 or US$1=C$1.3464. On the U.S. Dollar […] Read more

Canadian Financial Close: C$ firms into weekend

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was firmer on Friday, seeing a recovery after Thursday’s losses as currency traders adjusted positions ahead of the weekend. The Canadian dollar settled at US$0.7427 or US$1=C$1.3464 on Friday, which compares with Thursday’s close of US$0.7415 or US$1=C$1.3486. Canadian retail sales were up by […] Read more


Canadian dollar and business outlook

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was firmer Friday morning, with gains in crude oil providing some support. At 8:37 a.m. CDT Friday morning the Canadian dollar was at US$0.7436 or US$1=C$1.3448, which compares with Thursday’s close of US$0.7415 or US$1=C$1.3486. Canadian retail sales were up by 0.3 per cent […] Read more

Canadian Financial Close: C$ weakens

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as broad strength in the United States dollar internationally weighed on the domestic currency as the U.S. Federal Reserve was seen taking a more hawkish stance on monetary policy going forward. The Canadian dollar settled at US$0.7415 or US$1=C$1.3423 on […] Read more