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Canadian Financial Close: Loonie continues sliding back

By MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The Canadian dollar was weaker at market close on Friday, hitting a nine-day low as investors prepare for possible interest rate cuts by the United States Federal Reserve. The loonie finished the day at US$0.7543 or US$1=C$1.3257, which compares with Thursday’s close of US$0.7573 or C$1.3205. The Federal […] Read more

Canadian Dollar and Business Outlook: Record household debt weighs on loonie

By MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The Canadian dollar was weaker Friday morning, on a Statistics Canada report that said household debt has hit record levels. As of 9:20 CDT, the Canadian dollar was at US$0.7550 or C$1.3246. That compares to Thursday’s North American close of US$0.7573 or C$1.3205. Statistics Canada reported on Friday […] Read more


Canadian Financial Close: Crude pressure pushes loonie lower

By MarketsFarm WINNIPEG, Sept. 12 (MarketsFarm) – The Canadian dollar was lower at market close on Thursday, as crude oil prices continued to weaken. The loonie finished the day at US$0.7573 or US$1=C$1.3205, which compares with Wednesday’s close of US$0.7587 or C$1.3181. Benchmark oil prices were down Thursday due to increased production in the United […] Read more



Canadian Financial Close: Loonie, oil down as stocks rise

By MarketsFarm WINNIPEG, Sept. 11 (MarketsFarm) – The Canadian dollar was weaker at market close on Wednesday, as crude oil prices fell. The loonie finished the day at US$0.7587 or US$1=C$1.3181, which compares with Tuesday’s close of US$0.7603 or C$1.3153. Benchmark oil prices were lower Wednesday, as United States President Donald Trump signaled he would […] Read more

Canadian Dollar and Business Outlook: Loonie steady ahead of election call

By MarketsFarm WINNIPEG, Sept. 11 (MarketsFarm) – The Canadian dollar was firm Wednesday morning, just as the federal election is to be called today. As of 8:39 CDT, the Canadian dollar was at US$0.7597 or C$1.3161. That compares to Tuesday’s North American close of US$0.7603 or C$1.3153. Prime Minister Justin Trudeau is scheduled to visit […] Read more


Canadian Financial Close: Loonie holds steady

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The Canadian dollar was virtually unchanged at market close on Tuesday, as increases in housing starts and the price of Canadian crude held off downward pressure. The loonie finished the day at US$0.7603 or US$1=C$1.3153, which compares with Monday’s close of US$0.7602 or C$1.3155. The Canadian Mortgage and […] Read more

Canadian Dollar and Business Outlook: Loonie slips under 76 U.S. cents

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The Canadian dollar was lower Tuesday morning, despite crude oil prices continuing to rise. As of 8:41 CDT, the Canadian dollar was at US$0.7590 or C$1.3164. That compares to Monday’s North American close of US$0.7602 or C$1.3177. Crude oil prices continued to increase Tuesday morning as the OPEC+ […] Read more


Canadian Financial Close: Higher oil prices push loonie upward

By MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – The Canadian dollar was stronger at market close on Monday, due to the increases in crude oil prices. The loonie finished the day at US$0.7602 or US$1=C$1.3155, which compares with Friday’s close of US$0.7591 or C$1.3174. Benchmark oil prices were higher Monday, after Saudi Arabia’s new oil minister, […] Read more

Canadian Dollar and Business Outlook: Loonie hovering around 76 U.S. cents

By MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – The Canadian dollar was up slightly Monday morning, as crude oil prices were on the rise. As of 8:41 CDT, the Canadian dollar was at US$0.7599 or C$1.3159. That compares to Friday’s North American close of US$0.7591 or C$1.3174. Crude oil prices were higher Monday morning on news […] Read more