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Canadian Financial Close: Canadian dollar stronger along with stock markets, oil

By MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – The Canadian dollar finished stronger on Friday, after dabbling around 75.4 U.S. cents earlier in the week. The dollar finished the day at US$0.7558 or US$1=C$1.3231, compared to Thursday when it closed at US$0.7543 or US$1=C$1.3258. The TSX, S&P 500, NASDAQ and Dow finished at record highs following […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) The Canadian dollar was slightly stronger on Friday morning, bouncing back from a week of lows. At 8:20 CST, the Canadian dollar was at US$0.7550 or C$1.3245, which compares with Thursday’s North American close of US$0.7543 or C$1.3258. Global stocks were mixed to start the day, following reports that […] Read more


Canadian Financial Close: Canadian dollar stable

By MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – The Canadian dollar was steady on Thursday. The dollar finished the day at US$0.7543 or US$1=C$1.3258, compared to Wednesday when it closed at US$0.7548 or US$1=C$1.3249. Financial markets were mixed, following comments from United States Federal Reserve Chair Jerome Powell. Powell characterized the economy as “a star performer” […] Read more

Canadian Dollar and Business Outlook: Crude, TSX up slightly

By MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – The Canadian dollar was slightly lower Thursday morning. As of 9:00 CST, the Canadian dollar was at US$0.7539 or C$1.3261. That compares to Wednesday’s North American close of US$0.7548 or C$1.3249. Crude oil prices were higher Thursday morning on OPEC’s expectations that global oil surpluses will be smaller […] Read more


Canadian Financial Close: Canadian dollar drops below 75.5 cents

By MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – The Canadian dollar was lower on Wednesday as stock markets and oil values held strength. The dollar finished the day at US$0.7548 or US$1=C$1.3249, compared to Tuesday when it closed at US$0.7560 or US$1=C$1.3228. Financial markets were stronger, despite continued friction between the United States and China regarding […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) The Canadian dollar was slightly lower on Wednesday morning, ahead of a busy day of impeachment proceedings and the United States Federal Reserve Chair testifying to Congress. At 8:20 CDT, the Canadian dollar was at US$0.7543 or C$1.3257, which compares with Tuesday’s North American close of US$0.7560 or C$1.3228. […] Read more


Canadian Financial Close: Canadian dollar stable

By MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – The Canadian dollar was steady to lower on Tuesday, after dropping by nearly half a cent the week before. The dollar finished the day at US$0.7560 or US$1=C$1.3228, compared to Monday when it closed at US$0.7563 or US$1=C$1.3223. Financial markets were stronger as investors anticipated the likelihood of […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) The Canadian dollar was slightly lower on Tuesday morning, after falling nearly half a cent during the previous week. At 8:20 CDT, the Canadian dollar was at US$0.7558 or C$1.3231, which compares with Friday’s North American close of US$0.7563 or C$1.3223. Canadian markets were closed Monday for Remembrance Day. […] Read more


Canadian Financial Close: Loonie breaks out of holding pattern, only to drop

By MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The Canadian dollar was weaker at market close on Friday, due to Statistics Canada’s monthly job report. The loonie finished the day at US$0.7563 or US$1=C$1.3223, which compares with Thursday’s close of US$0.7590 or C$1.3176. While experts projected a gain of 15,000 jobs in Canada for September, the […] Read more

Canadian Dollar and Business Outlook: Loonie drops on jobs report

By MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was weaker Friday morning after Statistics Canada released its latest jobs report which contained something unexpected. As of 8:36 CDT, the Canadian dollar was at US$0.7555 or C$1.3235. That compares to Thursday’s North American close of US$0.7588 or C$1.3179. The markets were surprised when Statistics […] Read more