Canadian Financial Close: Loonie forgoes about two-tenths of a cent

U.S. Fed ups its interest rates

Compiled by MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The Canadian dollar retreated on Wednesday, due to declines in crude oil prices but losses were cushioned by a weaker United States dollar. The loonie closed at US$0.7564 or US$1=C$1.3220, compared to Tuesday’s finish of US$0.7585 or US$1=C$1.3184. On the U.S. Dollar Index the greenback pulled back […] Read more

Canadian Dollar and Business Outlook: Loonie lower with dip in crude oil

Declines in U.S. greenback limit loonie's losses

By MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The Canadian dollar was pulling back on Wednesday morning, due to declines in global crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7563 or C$1.3214, compared to Tuesday’s close of US$0.7585 or US$1=C$1.3184. On the U.S. Dollar Index, the greenback slipped 0.146 of a […] Read more





Canadian Financial Close: Loonie closes in on 76 U.S. cents

A stronger greenback limits loonie's gains

Compiled by MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The Canadian dollar gained almost a quarter cent on Monday, propelled by higher prices for crude oil. However, further gains were held back by strength in the United States dollar. The loonie closed at US$0.7592 or US$1=C$1.3172, compared to Friday’s finish of US$0.7569 or US$1=C$1.3212. On the […] Read more

Canadian Dollar and Business Outlook: Loonie makes some headway

Crude oil, greenback gain a little bit of ground

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The Canadian dollar was a pinch higher on Monday morning, due to gains in global crude oil prices, but a somewhat stronger United States dollar stymied further upticks. As of 8:36 am CDT, the loonie was at US$0.7575 or C$1.3201, compared to Friday’s close of US$0.7569 or US$1=C$1.3212. […] Read more


Canadian Financial Close: C$ softer to end week

WINNIPEG – The Canadian dollar edged lower relative to its United States counterpart on Friday, as the latest retail sales data failed to live up to expectations. The Canadian dollar settled at US$0.7569 or US$1=C$1.3212 on Friday, which compares with Thursday’s close of US$0.7592 or US$1=C$1.3171. Retail sales in Canada were up by 0.2 per […] Read more

Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, July 21 (MarketsFarm) – The Canadian dollar was slightly softer Friday morning, as retail sales data failed to live up to expectations. At 8:32 a.m. CDT Friday morning the Canadian dollar was at US$0.7573 or US$1=C$1.3205, which compares with Thursday’s close of US$0.7592 or US$1=C$1.3171. Retail sales in Canada were up […] Read more


Canadian Financial Close: C$ steady

By MarketsFarm   WINNIPEG, July 20 (MarketsFarm) – The Canadian dollar held steady on Thursday, lacking any clear direction. The Canadian dollar settled at US$0.7592 or US$1=C$1.3171 on Thursday, which compares with Wednesday’s close of US$0.7593 or US$1=C$1.3170. The number of Canadians receiving employment benefits increased by 2.5 per cent in May to hit 399,000, […] Read more

Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, July 20 (MarketsFarm) – The Canadian dollar was slightly firmer Thursday morning. At 8:49 a.m. CDT Thursday morning the Canadian dollar was at US$0.7603 or US$1=C$1.3153, which compares with Wednesday’s close of US$0.7593 or US$1=C$1.3170. The number of Canadians receiving employment benefits increased by 2.5 per cent in May to hit […] Read more