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Canadian Financial Close: Loonie steady on Friday

By MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – The Canadian dollar was steady at Friday’s close. The dollar finished the day at US$0.7610 or US$1=C$1.3140, compared to Thursday when it closed at US$0.7609 or US$1=C$1.3142. Global stock indices closed the week mostly lower, as market participants continue to dissect comments regarding the possibility of another stimulus

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – The Canadian dollar was relatively steady on Friday morning.      At 8:45 CDT Friday morning the Canadian dollar was at US$0.7614 or US$1=C$1.3133, which compares with Thursday’s North American close of US$0.7609 or US$1=C$1.3142. A recent report from Statistics Canada showed Canada’s inflation increased by 0.5 per cent

Canadian Financial Close: Loonie weaker on Thursday

By MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – The Canadian dollar was slightly lower at Thursday’s close. The dollar finished the day at US$0.7609 or US$1=C$1.3142, compared to Wednesday when it closed at US$0.7621 or US$1=C$1.3122. United States stocks were stronger following reports that U.S. jobless claims were lower than expected this week, though the unemployment

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday morning      At 8:35 CDT Thursday morning the Canadian dollar was at US$0.7603 or US$1=C$1.3153, which compares with Wednesday’s North American close of US$0.7621 or US$1=C$1.3122. While the odds of a stimulus package before the United States Presidential Election are

Canadian Financial Close: Loonie slightly higher on Wednesday

By MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The Canadian dollar was slightly higher at Wednesday’s close. The dollar finished the day at US$0.7621 or US$1=C$1.3122, compared to Tuesday when it closed at US$0.7612 or US$1=C$1.3138. United States stocks were lower due to prolonged talks regarding another stimulus package during the COVID-19 pandemic. Democratic House Speaker


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The Canadian dollar was slightly stronger on Wednesday morning.      At 8:35 CDT Wednesday morning the Canadian dollar was at US$0.7623 or US$1=C$1.3118, which compares with Tuesday’s North American close of US$0.7612 or US$1=C$1.3138. A recent report from Statistics Canada showed Canada’s inflation rate was 0.5 per cent

Canadian Financial Close: Loonie slightly higher on Tuesday

By MarketsFarm WINNIPEG, Oct. 20 (MarketsFarm) – The Canadian dollar was slightly stronger on Tuesday, following reports that Canada’s economy has rebounded quicker than its United States counterpart. The dollar finished the day at US$0.7612 or US$1=C$1.3138, compared to Monday when it closed at US$0.7596 or US$1=C$1.3165. While job markets in the U.S. and Canada

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 20 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday due to slight losses in crude oil.      At 8:35 CDT Tuesday morning the Canadian dollar was at US$0.7583 or US$1=C$1.3187, which compares with Monday’s North American close of US$0.7596 or US$1=C$1.3165. A recent report on home construction rates in


Canadian Financial Close: Loonie closes higher on Monday

By MarketsFarm WINNIPEG, Oct. 19 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, despite a negative tone for global financial markets and weakness in crude oil. The dollar finished the day at US$0.75976 or US$1=C$1.3165, compared to Friday when it closed at US$0.7580 or US$1=C$1.3192. Global stock indices were broadly lower ahead of

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 19 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, despite slight losses in crude oil and uncertainty in global financial markets.      At 8:30 CDT Monday morning the Canadian dollar was at US$0.7595 or US$1=C$1.3166, which compares with Friday’s North American close of US$0.7580 or US$1=C$1.3192. Recent gains in