Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) The Canadian dollar was steady on Monday, despite slightly lower crude oil futures. At 8:30 CST, the Canadian dollar was at US$0.7664 or C$1.3048, which compares with Friday’s North American close of US$0.7662 or C$1.3051. Stock performances were mixed to start the week. Last week, increased tensions between Iran

Canadian Financial Close: Loonie ends week on high note

By MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – The Canadian dollar was stronger at market close on Friday, largely due to a positive job report from Statistics Canada. The loonie finished the day at US$0.7662 or US$1=C$1.3051, which compares with Thursday’s close of US$0.7646 or C$1.3079. With 35,200 jobs added in December, Statistics Canada noted there


Canadian Dollar and Business Outlook: Positive jobs report boosts loonie

By MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – The Canadian dollar was stronger Friday morning following the release of an employment report from Statistics Canada. As of 8:44 CST, the Canadian dollar was at US$0.7663 or C$1.3049. That compares to Thursday’s North American close of US$0.7646 or C$1.3079. Statistics Canada reported that approximately 35,200 mostly full-time

Canadian Financial Close: Weaker oil prices weigh on loonie

By MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – The Canadian dollar was lower at market close on Thursday as Western Canadian Select (WCS) crude oil remained lower. The loonie finished the day at US$0.7646 or US$1=C$1.3079, which compares with Wednesday’s close of US$0.7677 or C$1.3026. The price for WCS lost 31 cents to close at US$36.75



Canadian Financial Close: Loonie slips as oil falls back

By MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – The Canadian dollar was lower at market close on Wednesday as crude oil prices declined. The loonie finished the day at US$0.7677 or US$1=C$1.3026, which compares with Monday’s close of US$0.7687 or C$1.3009. Benchmark crude oil prices dropped on Wednesday, following comments from United States President Donald Trump


Canadian Dollar and Business Outlook: Loonie holding its own

By MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – The Canadian dollar was firm Wednesday morning, amid declines in crude oil prices. As of 8:42 CST, the Canadian dollar was at US$0.7682 or C$1.3019. That compares to Tuesday’s North American close of US$0.7687 or C$1.3009. Crude oil prices were lower Tuesday morning, giving up steep gains in




Canadian Financial Close: Canadian crude bumps up loonie

By MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – The Canadian dollar was up slightly at market close on Monday, due gains in Western Canadian Select (WCS) crude oil prices. The loonie finished the day at US$0.7710 or US$1=C$1.2970, which compares with Friday’s close of US$0.7699 or C$1.2988. With an increase of 61 cents, WCS closed at