Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 24 (MarketsFarm) The Canadian dollar was slightly weaker Tuesday morning in thin pre-Christmas trading. At 9:48 CST Tuesday morning the Canadian dollar was at US$0.7602 or C$1.3154 which compares with Monday’s North American close of US$0.7599 or C$1.3160. Crude oil was softer in early activity. The TSX was up by 5.65

Canadian Financial Close: C$ firm ahead of holidays

By MarketsFarm WINNIPEG, Dec. 23 (MarketsFarm) – The Canadian dollar was slightly firmer on Monday, as investors squared positions ahead of the holidays. The Canadian dollar closed at US$0.7599 or US$1=C$1.3160, which compares with Friday’s close of US$0.7596, or US$1=C$1.3164. The Canadian economy contracted slightly in October, according to updated data from Statistics Canada. The


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 23 (MarketsFarm) The Canadian dollar was slightly weaker Monday morning, as traders reacted to the latest domestic economic data. At 9:18 CST Monday morning the Canadian dollar was at US$0.7589 or C$1.3177 which compares with Friday’s North American close of US$0.7596 or C$1.3164. The Canadian economy unexpectedly contracted slightly in October,



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) The Canadian dollar was slightly lower on Friday, remaining just above 76 U.S. cents. At 9:00 CST, the Canadian dollar was at US$0.7601 or C$1.3156, which compares with Thursday’s North American close of US$0.7621 or C$1.3119. Stocks were mixed due to general global unease as the United Kingdom comes

Canadian Financial Close: Loonie virtually unchanged

By MarketsFarm WINNIPEG, Dec. 19 (MarketsFarm) – The Canadian dollar was virtually unchanged at market close on Thursday, as gains on the Toronto Stock Exchange balanced off with losses for Western Canadian Select (WCS) crude oil. The loonie finished the day at US$0.7621 or US$1=C$1.3122, which compares with Wednesday’s close of US$0.7623 or C$1.3119. The


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 19 (MarketsFarm) The Canadian dollar was steady on Wednesday, remaining just above 76 U.S. cents. At 9:00 CST, the Canadian dollar was at US$0.7621 or C$1.3121, which compares with Wednesday’s North American close of US$0.7623 or C$1.3119. Stocks were mixed due to general global tumult following a vote to impeach United

Canadian Financial Close: Loonie closes above 76 U.S. cents

By MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – The Canadian dollar was higher at market close on Wednesday, following the release of Statistics Canada’s report on inflation earlier in the day. The loonie finished the day at US$0.7623 or US$1=C$1.3119, which compares with Tuesday’s close of US$0.7599 or C$1.3160. Statistics Canada reported inflation rose 2.2 per


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) The Canadian dollar was slightly stronger on Tuesday, inching just above 76 U.S. cents. At 8:50 CST, the Canadian dollar was at US$0.7616 or C$1.3130, which compares with Tuesday’s North American close of US$0.7599 or C$1.3160. Stocks were mixed following reports that Canada’s annual rate of inflation increased by

Canadian Financial Close: Loonie inches under 76 U.S. cents

By MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The Canadian dollar was slightly lower at market close on Tuesday, as a decline in manufacturing sales outweighed increases in crude oil prices. The loonie finished the day at US$0.7599 or US$1=C$1.3160, which compares with Monday’s close of US$0.7609 or C$1.3142. Statistics Canada reported today that manufacturing sales