Currency Markets

WINNIPEG – The Canadian dollar saw no change on Friday morning. The loonie was at US$0.7252 or US$1=C$1.3790, unchanged from Thursday’s close, which is a four-month low. Statistics Canada (StatCan) reported today that the country added 21,800 jobs in February and the unemployment rate held steady at five per cent. Meanwhile, the United States Dollar […] Read more

WINNIPEG – The Canadian dollar was left mostly unchanged on Thursday. The loonie closed at US$0.7252 or US$1=C$1.3790, down from US$0.7254 or US$1=C$1.3785 on Wednesday. The Bank of Canada (BoC) said on Wednesday it will keep its key interest rate steady at 4.5 per cent. The United States Dollar Index declined 0.39 of a point […] Read more

WINNIPEG – The Canadian dollar saw little change on Thursday morning. The loonie was at US$0.7258 or US$1=C$1.3778, up from US$0.7254 or US$1=C$1.3785 at Wednesday’s close, which was a four-month low. The Bank of Canada (BoC) announced on Wednesday that it will leave its key interest rate at 4.5 per cent. Meanwhile, the United States […] Read more

WINNIPEG – The Canadian dollar continued its downturn on Wednesday after an announcement from the Bank of Canada (BoC). The loonie closed at US$0.7254 or US$1=C$1.3785, down from US$0.7290 or US$1=C$1.3717 on Tuesday. The BoC said earlier today it will keep its key interest rate steady at 4.5 per cent. The United States Dollar Index […] Read more

WINNIPEG – The Canadian dollar continued to fall on Wednesday morning. The loonie was at US$0.7263 or US$1=C$1.3768, down from US$0.7290 or US$1=C$1.3717 at Tuesday’s close. The Bank of Canada (BoC) is expected to announce later today that it will leave its key interest rate at 4.5 per cent. Statistics Canada reported today that the […] Read more

WINNIPEG – The Canadian dollar took a tumble on Tuesday. The loonie closed at US$0.7290 or US$1=C$1.3717, down from US$0.7345 or US$1=C$1.3615 on Monday. The Bank of Canada (BoC) will announce on Wednesday whether or not it will raise its key interest rate. The United States Dollar Index jumped 1.27 points at 105.62. Crude oil […] Read more

WINNIPEG – The Canadian dollar took a step backwards on Tuesday morning. The loonie was at US$0.7318 or US$1=C$1.3665, down from US$0.7345 or US$1=C$1.3615 at Monday’s close. The Bank of Canada (BoC) is expected to announce on Wednesday that it will leave its key interest rate unchanged. Meanwhile, the United States Dollar Index increased 0.29 […] Read more

WINNIPEG – The Canadian dollar stayed mostly unchanged from the weekend. The loonie closed at US$0.7345 or US$1=C$1.3615, down from US$0.7348 or US$1=C$1.3610 on Friday. The United States Dollar Index lost 0.20 of a point at 104.32. Crude oil ended the day with gains after a downturn this morning following China’s announcement of more modest […] Read more

WINNIPEG – The Canadian dollar slipped a little bit on Monday morning. The loonie was at US$0.7342 or US$1=C$1.3620, down from US$0.7348 or US$1=C$1.3609 at Friday’s close. The Bank of Canada (BoC) is expected to announce on Wednesday that it will leave its key interest rate unchanged. Meanwhile, the United States Dollar Index dipped 0.08 […] Read more

Compiled by MarketsFarm WINNIPEG, March 3 (MarketsFarm) – The Canadian dollar was relatively steady on Friday, balanced off by a weaker United States dollar and stronger crude oil prices. The loonie closed at US$0.7348 or US$1=C$1.3610, compared to Thursday’s close of US$0.7345 or US$1=C$1.3614. On the U.S. Dollar Index, the greenback lost 0.495 of a […] Read more