Canadian Dollar and Business Outlook: Crude pulls loonie downward

Keystone pipeline reopens

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar was stepping back on Thursday morning, as crude oil prices lost a little bit of ground. As of 8:38 am CST, the loonie was at US$0.7347 or C$1.3608, compared to Wednesday’s close of US$0.7382 or C$1.3547. On the U.S. Dollar Index, the […] Read more

Canadian Financial Close: Loonie follows U.S. dollar

Both lower after fed interest rate hike

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar eased back on Wednesday, following an announcement from the United States Federal Reserve. The loonie closed at US$0.7374 or US$1=C$1.3561, compared to Monday’s close of US$0.7382 or US$1=C$1.3547. On the U.S. Dollar Index, the greenback gave up 0.337 of a point at […] Read more


Canadian Dollar and Business Outlook: Loonie eases back

Fed interest rate announcement at 1 CST

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning, in light of little movement in the United States dollar. As of 8:31 am CST, the loonie was at US$0.7371 or C$1.3568, compared to Tuesday’s close of US$0.7382 or C$1.3547. On the U.S. Dollar Index, the greenback […] Read more

Canadian Financial Close: Loonie turns around to finish higher

U.S. dollar takes a tumble

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, due to weakness in its United States counterpart and solid upticks in crude oil prices. The loonie closed at US$0.7382 or US$1=C$1.3547, compared to Monday’s close of US$0.7322 or US$1=C$1.3658. On the U.S. Dollar Index, the greenback dropped […] Read more


Canadian Dollar and Business Outlook: Loonie getting a bounce

Greenback slides lower, crude on the rise

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was stronger on Tuesday morning, as the United States dollar fell back and crude oil prices gained ground. As of 8:38 am CST, the Canadian dollar was at US$0.7375 or C$1.3557, compared to Monday’s close of US$0.7322 or C$1.3658. On the U.S. […] Read more

Canadian Financial Close: Loonie slips

BoC's Macklem focussed on fighting inflation

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar eased back a little on Monday, as the United States dollar made a small advance. The loonie closed at US$0.7322 or US$1=C$1.3658, compared to Friday’s close of US$0.7337 or US$1=C$1.3630. On the U.S. Dollar Index, the greenback advanced 0.170 of a point […] Read more


Canadian Dollar and Business Outlook: Loonie falls back to start new week

Greenback relatively steady., crude up a pinch

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar was lower on Monday morning, despite small declines in the United States dollar and slight uptick in crude oil prices. As of 8:42 am CST, the Canadian dollar was at US$0.7312 or C$1.3677, compared to Friday’s close of US$0.7337 or C$1.3630. On […] Read more



Canadian Dollar and Business Outlook: Loonie down, crude oil turns positive

Reading Time: < 1 minute WINNIPEG – The Canadian dollar erased the previous day’s gains on Friday morning. The loonie was at US$0.7328 or US$1=C$1.3646, down from US$0.7363 or US$1=C$1.3582 at Thursday’s close. The United States Dollar Index gained 0.15 of a point at 104.92. Crude oil made slight gains on Friday after Russia said it may cut oil production […] Read more

Canadian Financial Close: Loonie up, crude oil lower

Reading Time: < 1 minute WINNIPEG – The Canadian dollar moved upward on Thursday. The loonie closed at US$0.7363 or US$1=C$1.3582, up from US$0.7331 or US$1=C$1.3640 on Wednesday. The United States Dollar Index declined 0.31 of a point at 104.80. After morning gains due to a leak and resulting shutdown of the Keystone oil pipeline, crude oil prices were lower […] Read more