Canadian Financial Close: Loonie rises on weak U.S. greenback

WINNIPEG – The Canadian dollar extended its recent climb, reaching a calendar-year high close. The loonie closed at US$0.7546 or US$1=C$1.3252, compared to US$0.7520 or US$1=C$1.3297 on Wednesday. The United States Dollar Index fell 0.82 of a point at 102.12. The Federal Reserve announced on Wednesday it was leaving its key interest rates unchanged. Earlier









Canadian Financial Close: Loonie down, crude oil drops

WINNIPEG – The Canadian dollar started the week with a small decline as crude oil prices took a hit. The loonie closed at US$0.7482 or US$1=C$1.3366, compared to US$0.7496 or US$1=C$1.3341 on Friday. The United States Dollar Index moved up 0.06 of a point at 103.62. Crude oil dropped on Monday after Goldman Sachs Group



Canadian Financial Close: C$ strengthens ahead of weekend

By MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The Canadian dollar was firmer on Friday, finding some support to end the week despite losses in crude oil and soft jobs data. The Canadian dollar settled at US$0.7496 or US$1=C$1.3341 on Friday, which compares with Thursday’s close of US$0.7486 or US$1=C$1.3358. Canada’s unemployment rate edged higher for