Canadian Financial Close: Loonie down, crude oil falls

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was virtually unchanged on Wednesday, down by a miniscule increment. The loonie closed at US$0.7379 or US$1=C$1.3552 on Wednesday, compared to US$0.7381 or US$1=C$1.3549 on Tuesday. Statistics Canada reported on Wednesday that retail sales increased by 0.4 per cent in July. The United States Dollar Index was down 0.17 of […] Read more



Canadian Financial Close: Loonie, crude oil lower

Reading Time: < 1 minute WINNIPEG, Aug. 22 (MarketsFarm) – The Canadian dollar dipped by a small amount on Tuesday. The loonie closed at US$0.7381 or US$1=C$1.3549 on Tuesday, compared to US$0.7384 or US$1=C$1.3543 on Monday. The United States Dollar Index bumped up 0.31 of a point at 103.61, one of its highest levels since June. Crude oil was down […] Read more

Canadian Dollar and Business Outlook: Little change for loonie, crude oil

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was relatively steady on Tuesday morning, as there was little movement in the United States dollar and in crude oil prices. The loonie was at US$0.7382 or US$1=C$1.3546, down from US$0.7384 or US$1=C$1.3543 on Monday. The United States Dollar Index jumped 0.24 points to 103.54. Despite increasing supply and demand […] Read more


Canadian Financial Close: Loonie moves upwards

Reading Time: < 1 minute WINNIPEG – The Canadian dollar made a slight gain to begin the week. The loonie closed at US$0.7384 or US$1=C$1.3543 on Monday, compared to US$0.7379 or US$1=C$1.3552 on Friday. The United States Dollar Index was down 0.02 of a point at 103.35. Crude oil was lower due to demand risk in China and the U.S. […] Read more



Canadian Financial Close: Loonie down further

No support from lower greenback, higher crude oil

Reading Time: < 1 minute WINNIPEG – The Canadian dollar continued to fall on Friday, despite losses in the United States dollar and upticks in crude oil prices. The loonie closed at US$0.7379 or US$1=C$1.3552, compared to Thursday’s finish of US$0.7394 or US$1=C$1.3524. On the U.S. Dollar Index, the greenback dipped 0.145 of a point at 103.325. Benchmark crude oil […] Read more

Canadian Dollar and Business Outlook: As oil dips loonie slips

Canadian dollar slides further away from 74 U.S. cents

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – The Canadian dollar lost more ground on Friday morning, due to slight declines in global crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7377 or C$1.3555, compared to Thursday’s close of US$0.7394 or US$1=C$1.35124. On the U.S. Dollar Index, the greenback was virtually unchanged […] Read more


Canadian Financial Close: Loonie can’t hold above 74 U.S. cents

Reading Time: < 1 minute WINNIPEG – The Canadian dollar remained a shade under 74 United States cents Thursday, unable to gain any traction to move significantly either way. The loonie closed at US$0.7394 or US$1=C$1.3524, compared to Wednesday’s finish of US$0.7398 or US$1=C$1.3518. On the U.S. Dollar Index, the greenback was virtually unchanged giving up only 0.004 of a […] Read more

Canadian Dollar and Business Outlook: Loonie lurches over 74 U.S. cents

Greenback lower, crude oil higher

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – The Canadian dollar was a pinch higher on Thursday morning, as the United States dollar pulled back and crude oil prices pushed upward. As of 8:36 am CDT, the loonie was at US$0.7404 or C$1.3508, compared to Wednesday’s close of US$0.7398 or US$1=C$1.3518. On the U.S. Dollar Index, […] Read more