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Canadian Financial Close: Falling crude pushes down loonie

By MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The Canadian dollar was lower at market close on Thursday, due to falling oil prices as the loonie continues to retreat from its 2019 high. The loonie finished the day at US$0.7652 or US$1=C$1.3069, which compares with Wednesday’s close of US$0.7661 or C$1.3053. Benchmark oil prices were down […] Read more

Canadian Dollar and Business Outlook: Loonie heading down

By MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The Canadian dollar was down Thursday morning, as it continues to back away from recent highs that made the country’s exports less appealing. As of 8:35 CDT, the Canadian dollar was at US$0.7646 or C$1.3076. That compares to Wednesday’s North American close of US$0.7661 or C$1.3053. Crude oil […] Read more


Canadian Financial Close: Loonie holds firm as Greenback slips

By MarketsFarm WINNIPEG, July 17 (MarketsFarm) – The Canadian dollar was steady at market close on Wednesday, as the United States dollar lost ground due lower bond yields and the expectation the U.S. Federal Reserve was to lower interest rates. The loonie finished the day at US$0.7661 or US$1=C$1.3053, which compares with Tuesday’s close of […] Read more

Canadian Dollar and Business Outlook: Loonie backs away from year’s high

By MarketsFarm WINNIPEG, July 17 (MarketsFarm) – The Canadian dollar was down Wednesday morning, as the loonie eases away from its 2019 high. As of 8:44 CDT, the Canadian dollar was at US$0.7653 or C$1.3063. That compares to Tuesday’s North American close of US$0.7662 or C$1.3052. At the start of trading the TSX/S&P Composite Index […] Read more



Canadian Financial Close: Crude drops with easing Middle East tensions

By MarketsFarm WINNIPEG, July 16 (MarketsFarm) – The Canadian dollar inched down slightly at market close on Tuesday, due in part to a decline in crude oil prices. The loonie finished the day at US$0.7662 or US$1=C$1.3052, which compares with Monday’s close of US$0.7669 or C$1.3039. Benchmark oil prices were down Tuesday, after United States […] Read more


Canadian Dollar and Business Outlook: Loonie holding firm Tuesday

By MarketsFarm WINNIPEG, July 16 (MarketsFarm) – The Canadian dollar was steady Monday morning, as oil prices were virtually unchanged. As of 8:44 CDT, the Canadian dollar was at US$0.7668 or C$1.3038. That compares to Monday’s North American close of US$0.7669 or C$1.3039. Crude oil prices were steady this morning, with oil production in the […] Read more

Canadian Financial Close: Housing report halts loonie’s upward run

By MarketsFarm WINNIPEG, July 15 (MarketsFarm) – The Canadian dollar was steady at market close on Monday, as the latest report on Canadian housing stymied the currency’s week-long run of increases. The loonie finished the day at US$0.7669 or US$1=C$1.3039, which compares with Friday’s close of US$0.7670 or C$1.3038. Home sales across Canada were down […] Read more


Canadian Dollar and Business Outlook: Loonie, crude oil continue upward

By MarketsFarm WINNIPEG, July 15 (MarketsFarm) – The Canadian dollar was up slightly Monday morning, continuing on its record high for 2019. As of 8:38 CDT, the Canadian dollar was at US$0.7679 or C$1.3019. That compares to Friday’s North American close of US$0.7670 or C$1.3038. Crude oil prices were higher this morning, on reports that […] Read more

Canadian Financial Close: Canadian dollar remains strong

By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The Canadian dollar was stronger at market close on Friday. The dollar finished the day at US$0.7670 or US$1=C$1.3038, which compares with Thursday’s close of US$0.7651 or US$1=C$1.3071. Global stocks remain high thanks to modest gains in technology and industrial sectors. Investors remain focused on the United States […] Read more