Canadian Financial Close: C$ holds steady

By MarketsFarm   WINNIPEG, April 24 (MarketsFarm) – The Canadian dollar held steady on Monday, amid a lack of any significant market moving news. The Canadian dollar settled at US$0.7384 or US$1=C$1.3542 on Monday, which compares with Friday’s close of US$0.7386 or US$1=C$1.3539. The Bank of Canada is set to release the minutes of its […] Read more

Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, April 24 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, with positioning in the currency markets ahead of next week’s United States Federal Reserve interest rate decision behind some of the activity. At 9:13 a.m. CDT Monday morning the Canadian dollar was at US$0.7381 or US$1=C$1.3548, which compares with […] Read more


Canadian Financial Close: Loonie continues downward trend

Slips under 74 U.S. cents

Compiled by MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar fell below 74 United States cents on Friday, despite a decline in the U.S. dollar and an upward nudge in crude oil. The Canadian dollar closed at US$0.7386 or US$1=C$1.3539, compared to Thursday’s finish of US$0.7424 or US$1=C$1.3469. On the U.S. Dollar Index, the […] Read more

Canadian Dollar and Business Outlook: Loonie under 74 U.S. cents

StatCan reports dip in February retail sales

By MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar slipped below 74 United States cents on Friday morning, despite a little bit of weakness in the U.S. dollar and small upticks in crude oil. As of 8:34 am CDT, the loonie was at US$0.7389 or C$1.3537, compared to Thursday’s close of US$0.7424 or US$1=C$1.3469. […] Read more


Canadian Financial Close: Loonie continues its decline

Crude oil pulling back as well

Compiled by MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar eased further back on Thursday, due to weakness in crude oil prices. The Canadian dollar closed at US$0.7424 or US$1=C$1.3469, compared to Wednesday’s close of US$0.7438 or US$1=C$1.3445. On the U.S. Dollar Index, the greenback inched lower 0.123 of a point at 101.545. Benchmark […] Read more

Canadian Dollar and Business Outlook: Weaker crude oil weighs on loonie

Dip in greenback stymies further declines

By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was lower on Thursday morning, due to declines in global crude oil prices, while a slight drop in the United States dollar tempered further losses. As of 8:38 am CDT, the loonie was at US$0.7420 or C$1.3478, compared to Wednesday’s close of US$0.7438 or US$1=C$1.3445. […] Read more


Canadian Financial Close: Loonie loses almost a third of a cent

Greenback up, crude oil down

Compiled by MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar dropped back on Wednesday, due to gains in the United States dollar and declines in crude oil prices. The Canadian dollar closed at US$0.7438 or US$1=C$1.3445, compared to Tuesday’s close of US$0.7470 or US$1=C$1.3387. On the U.S. Dollar Index, the greenback added 0.217 of […] Read more

Canadian Dollar and Business Outlook: Rising greenback pulls down loonie

Weakness in crude adds more pressure

By MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was stepping back on Wednesday morning, as the United States dollar regained some lost ground and crude oil prices were lower. As of 8:35 am CDT, the loonie was at US$0.7450 or C$1.3428, compared to Tuesday’s close of US$0.7470 or US$1=C$1.3387. On the U.S. Dollar […] Read more


Canadian Financial Close: Loonie bumps up

Losses in greenback provide strength

Compiled by MarketsFarm WINNIPEG, April 18 (MarketsFarm) – The Canadian dollar made a small gain on Tuesday, due to declines in the United States dollar while there was little direction from crude oil. The Canadian dollar closed at US$0.7470 or US$1=C$1.3387, compared to Monday’s close of US$0.7464 or US$1=C$1.3398. On the U.S. Dollar Index, the […] Read more

Canadian Dollar and Business Outlook: Loonie relatively steady

Little movement in crude oil

By MarketsFarm WINNIPEG, April 18 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning, getting little spillover from crude oil, but regaining some ground given to the United States dollar. As of 8:36 am CDT, the loonie was at US$0.765 or C$1.3394, compared to Monday’s close of US$0.7464 or US$1=C$1.3398. On the U.S. […] Read more