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

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was virtually unchanged on Tuesday morning. The loonie was at US$0.7472 or US$1=C$1.3383, down from US$0.7473 or US$1=C$1.3382 at Monday’s close. The United States Dollar Index was up 0.01 of a point at 102.15. Crude oil was a little bit higher on Tuesday as traders assess demand from China. Brent […] Read more

Canadian Financial Close: Loonie, crude oil make gains

Reading Time: < 1 minute WINNIPEG – The Canadian dollar started the week on a positive note. The loonie closed at US$0.7473 or US$1=C$1.3382, up from US$0.7451 or US$1=C$1.3421 on Friday. The United States Dollar Index gained 0.04 of a point at 104.06. Crude oil prices were steady to higher on Monday, due to increasing Chinese demand and decreasing Russian […] Read more



Canadian Financial Close: Loonie closes the day with a gain

Dollar pushes up by nearly 3/10ths of a cent

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar advanced by nearly three-tenths of a cent on Friday, propelled by higher crude oil prices and a slight step back in the United States dollar. The loonie closed at US$0.7451 or US$1=C$1.3421, compared to Thursday’s close of US$0.7423 or US$1=C$1.3472. On the U.S. Dollar […] Read more


Canadian Dollar and Business Outlook: Loonie nudges lower

Gains in greenback providing pressure

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar was slightly lower on Friday morning, with increases in the United States dollar offsetting small upticks in global crude oil prices. As of 8:38 am CST, the loonie was unchanged at US$0.7412 or C$1.3494, compared to Thursday’s close of US$0.7423 or US$1=C$1.3472. On the U.S. […] Read more

Canadian Financial Close: Loonie takes another hit

Despite lower greenback, higher crude prices

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar retreated a little bit more on Thursday, adding more to the losses incurred yesterday. The loonie closed at US$0.7423 or US$1=C$1.3472, compared to Wednesday’s close of US$0.7441 or US$1=C$1.3439. On the U.S. Dollar Index, the greenback was down 0.262 of a point at 101.845. […] Read more


Canadian Dollar and Business Outlook: Loonie eases back, looking for direction

Small movements in greenback, crude oil

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar was a little lower on Thursday morning, with not enough support or pressure coming from the United States dollar and crude oil prices to set a course. As of 8:40 am CST, the loonie was at US$0.7430 or C$1.3459, compared to Wednesday’s close of US$0.7441 […] Read more

Canadian Financial Close: Loonie follows crude oil lower

Oil snaps 8-day rally

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar pulled back on Wednesday, giving up recent gains due to a reversal in crude oil prices. The loonie closed at US$0.7441 or US$1=C$1.3439, compared to Tuesday’s close of US$0.7468 or US$1=C$1.3390. On the U.S. Dollar Index, the greenback nudged up 0.024 of a point […] Read more


Canadian Dollar and Business Outlook: Loonie continues to inch up

IEA projections push up oil prices

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar was slightly higher on Wednesday morning, due to weakness in the United States dollar and gains in crude oil prices. As of 8:40 am CST, the loonie was at US$0.7474 or C$1.3376, compared to Tuesday’s close of US$0.7468 or C$1.3390. On the U.S. Dollar Index, […] Read more

Canadian Financial Close: Loonie nudges up a small amount

Support from lower inflation, higher oil prices

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The Canadian dollar was a pinch higher on Tuesday, due to inflation easing back in December and gains in crude oil prices. However, a slightly stronger United States dollar tempered further increases. The loonie closed at US$0.7468 or US$1=C$1.3390, compared to Monday’s close of US$0.7464 or US$1=C$1.3397. […] Read more