Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, May 15 (MarketsFarm) – The Canadian dollar was firmer Monday morning, finding some support from gains in crude oil. At 8:48 a.m. CDT Monday morning the Canadian dollar was at US$0.7395 or US$1=C$1.3523, which compares with Friday’s close of US$0.7389 or US$1=C$1.3534. Canadian wholesale sales excluding petroleum were down by 0.1

Canadian Financial Close: Loonie falls below 74 U.S. cents

Greenback gains more strength

Compiled by MarketsFarm WINNIPEG, May 12 (MarketsFarm) – In the face of gains by the United States dollar, the Canadian dollar slipped below 74 U.S. cents on Friday. The Canadian dollar closed at US$0.7389 or US$1=C$1.3534, compared to Thursday’s finish of US$0.7420 or US$1=C$1.3477. On the U.S. Dollar Index, the greenback advanced 0.652 of a


Canadian Dollar and Business Outlook: Loonie keeps sliding

Gains in crude oil stymie further losses

By MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar continued to pull back on Friday morning as the United States dollar made small gains. However, upticks in crude oil prices tempered further declines. As of 8:35 am CDT, the loonie was at US$0.7415 or C$1.3487, compared to Thursday’s close of US$0.7420 or US$1=C$1.3377. On

Canadian Financial Close: Steep losses hit loonie

Greenback surges, crude oil declines

Compiled by MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar plunged more than a half cent on Thursday as the United States dollar gained strength and crude oil prices fell back. The Canadian dollar closed at US$0.7420 or US$1=C$1.3377, compared to Wednesday’s finish of US$0.7477 or US$1=C$1.3375. On the U.S. Dollar Index, the greenback


Canadian Dollar and Business Outlook: Loonie falling back

Greenback on the rise, oil lower

By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was weaker Thursday morning due to an upswing in its United States counterpart and a drop in crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7425 or C$1.3466, compared to Wednesday’s close of US$0.7477 or US$1=C$1.3375. On the U.S. Dollar Index,

Canadian Financial Close: Loonie nudges up a little higher

Greenback slips

Compiled by MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was slightly stronger on Wednesday making gains on declines in its United States counterpart. Small decreases in crude oil limited the upticks in the loonie. The Canadian dollar closed at US$0.7477 or US$1=C$1.3375, compared to Monday’s finish of US$0.7468 or US$1=C$1.3390. On the U.S.


Canadian Dollar and Business Outlook: Loonie tries to regain some of Tuesday’s losses

The Fed makes rate announcement today

By MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was on the rise Wednesday morning as the United States dollar weakened. As of 8:42 am CDT, the loonie was at US$0.7479 or C$1.3376, compared to Tuesday’s close of US$0.7468 or US$1=C$1.3390. On the U.S. Dollar Index, the greenback lost 0.199 of a point at

Canadian Financial Close: Loonie gives up half of yesterday’s gain

Greenback pushes higher

  Compiled by MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar stepped back on Tuesday, as its United States counterpart was slightly higher and a diplomatic rift between Canada and China continued to develop. The Canadian dollar closed at US$0.7468 or US$1=C$1.3390, compared to Monday’s finish of US$0.7488 or US$1=C$1.3354. On the U.S. Dollar


Canadian Dollar and Business Outlook: Loonie loses some ground

Greenback gains strength

By MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar was slightly lower on Tuesday morning, as the United States dollar was stronger and crude oil prices eased back. As of 8:48 am CDT, the loonie was at US$0.7467 or C$1.3392, compared to Monday’s close of US$0.7488 or US$1=C$1.3354. On the U.S. Dollar Index, the

Canadian Financial Close: Loonie gains more ground

Higher crude oil propels Canadian dollar

Compiled by MarketsFarm WINNIPEG, May 8 (MarketsFarm) – Although the Canadian dollar lacked the strength to remain above 75 U.S. cents on Monday, it still climbed four-tenths of a cent. The Canadian dollar closed at US$0.7488 or US$1=C$1.3354, compared to Friday’s finish of US$0.7448 or US$1=C$1.3427. On the U.S. Dollar Index, the greenback was up