Canadian Dollar and Business Outlook: Loonie making small advances

Nervous markets await Powell's speech

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar was a pinch higher on Friday morning, as the United States dollar pulled back. As of 8:43 am CDT, the loonie was at US$0.7738 or C$1.2928, compared to Thursday’s close of US$0.7730 or C$1.2937. On the U.S. Dollar Index, the greenback gave […] Read more

Canadian Financial Close: Loonie rises, crude oil drops

Reading Time: < 1 minute WINNIPEG – The Canadian dollar stepped up on Thursday despite declining crude oil prices. The loonie closed at US$0.7730 or US$1=C$1.2937, up from US$0.7702 or US$1=C$1.2983 on Wednesday. Statistics Canada reported on Thursday that job vacancies increased month-by-month by 3.2 per cent in June, hitting an all-time high of 1.038 million. The United States Dollar […] Read more


Canadian Dollar and Business Outlook: Loonie climbs higher

Slight movement in greenback, crude oil

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar was on the rise Thursday morning, as the United States dollar budged lower and global crude oil inched upward. As of 8:34 am CDT, the loonie was at US$0.7720 or C$1.2955, compared to Wednesday’s close of US$0.7702 or C$1.2983. On the U.S. […] Read more

Canadian Financial Close: Loonie down, crude oil rises

Reading Time: < 1 minute WINNIPEG – The Canadian dollar took a slight step down on Wednesday despite rising crude oil prices. The loonie closed at US$0.7702 or US$1=C$1.2983, down from US$0.7709 or US$1=C$1.2972 on Tuesday. The United States Dollar Index was relatively steady, losing only 0.02 of a point to 108.61. Crude oil prices continued to rally as the […] Read more


Canadian Financial Close: Loonie, crude oil rise

Reading Time: < 1 minute WINNIPEG – The Canadian dollar rose above the 77 United States cent mark on Tuesday due to a weakening of the U.S. greenback and the potential for crude oil production cuts. The loonie closed at US$0.7709 or US$1=C$1.2972, up from US$0.7672 or US$1=C$1.3035 on Monday. The U.S. Dollar Index lost 0.5 of a point to […] Read more

Canadian Dollar and Business Outlook: Crude gives boost to loonie

Oil rising as supplies could tighten

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning, as increases in crude oil countered a still relatively strong United States dollar. As of 8:36 am CDT, the loonie was at US$0.7684 or C$1.3007, compared to Monday’s close of US$0.7672 or C$1.3035. On the U.S. Dollar […] Read more



Canadian Dollar and Business Outlook: Loonie eases back further

Greenback continues to rise while crude slides back

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – The Canadian dollar was slightly lower on Monday morning, as the United States dollar increased in strength and crude oil prices slid downwards. As of 8:36 am CDT, the Canadian dollar was at US$0.7682 or C$1.3021, compared to Friday’s close of US$0.7698 or C$1.2991. On […] Read more


Canadian Financial Close: C$ hits one-month low

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its lowest level in a month relative to its United States counterpart. The Canadian dollar settled at US$0.7698 or US$1=C$1.2991 on Friday, which compares with Thursday’s close of US$0.7735 or US$1=C$1.2928. Uncertainty over a global economic slowdown had investors backing […] Read more

Canadian Dollar and Business Outlook: Loonie retreats some more

Greenback pushing higher, crude eases back

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The Canadian dollar was lower on Friday morning, as the United States dollar gained strength and crude oil stepped back. As of 8:38 am CDT, the Canadian dollar was at US$0.7706 or C$1.2983, compared to Thursday’s close of US$0.7735 or C$1.2928. On the U.S. Dollar […] Read more