Canadian Dollar and Business Outlook: Loonie holding very firm

Canadian, U.S. unemployment rates down 0.2 of a point

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was virtually unchanged on Friday morning, still feeling the pressure of a strong United States dollar but buoyed by reduced unemployment in Canada and small gains in crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7291 or

Canadian Financial Close: Loonie falls as greenback soars

Macklem states BoC will stay on rate hike course

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar fell back on Thursday sliding below 73 U.S. cents due to another surge in the United States dollar and on comments made by Bank of Canada Governor Tiff Macklem. The loonie closed at US$0.7289 or US$1=C$1.3719, compared to Wednesday’s close of US$0.7331



Canadian Financial Close: Greenback turns around, loonie suffers

Upticks in crude oil tempers loonie's loses

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was lower on Wednesday, as the United States dollar reversed course to surge upward. The loonie closed at US$0.7331 or US$1=C$1.3641, compared to Tuesday’s close of US$0.7367 or US$1=C$1.3574. On the U.S. Dollar Index, the greenback climbed 1.109 points at 111.090 following


Canadian Dollar and Business Outlook: Loonie slips on greenback surge

Canadian trade surplus well below expectations

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was pulling back on Wednesday morning, as the United States dollar surged and due to negative news on Canada’s trade surplus. As of 8:36 am CDT, the Canadian dollar was at US$0.7338 or C$1.3622, compared to Tuesday’s close of US$0.7367 or C$1.3574.

Canadian Financial Close: Loonie tacks on nearly a half cent

U.S. greenback takes a tumble

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, getting support from a weaker United States dollar, higher crude oil prices and a sharp uptick in the Toronto Stock Exchange. The loonie closed at US$0.7367 or US$1=C$1.3574, compared to Monday’s close of US$0.7320 or US$1=C$1.3662. On the


Canadian Dollar and Business Outlook: Loonie making small gains

Greenback gives up more than three-quarters of a point

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning, aided by a weaker United States dollar and rising crude oil prices. As of 8:34 am CDT, the Canadian dollar was at US$0.7334 or C$1.3636, compared to Monday’s close of US$0.7320 or C$1.3662. On the U.S.

Canadian Financial Close: Loonie well over 73 U.S. cents

Gets support from spike in crude oil

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The Canadian dollar closed higher on Monday, adding nearly a quarter of a cent as the United States dollar pulled back and crude oil prices swung upward. The loonie closed at US$0.7320 or US$1=C$1.3662, compared to Thursday’s close of US$0.7296 or US$1=C$1.3707. On the U.S.


Canadian Dollar and Business Outlook: Greenback stymies loonie

Higher crude prices foiled by U.S. dollar

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The Canadian dollar was virtually unchanged on Monday morning as a strong United States dollar countered any gains from a spike in global crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7298 or C$1.3699, compared to Thursday’s close of US$0.7296

Canadian Financial Close: C$ weakens

By MarketsFarm WINNIPEG, Sep. 30 (MarketsFarm) – The Canadian dollar saw continued weakness relative to its United States counterpart on Friday, although there was no official close due to the National Day for Truth and Reconciliation. The Canadian dollar was trading at US$0.7241 or US$1=C$1.3810 late Friday, which compares with Thursday’s close of US$0.7296 or