Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Dec. 20 MarketsFarm) – The Canadian dollar was holding steady Tuesday morning in relatively subdued activity. At 8:33 a.m. CST Tuesday morning the Canadian dollar was at US$0.7326 or US$1=C$1.3650, which compares with Monday’s close of US$0.7324 or US$1=C$1.3653. Canadian retail sales were up by 1.4 per cent in October compared […] Read more

Canadian Financial Close: C$ strengthens Monday

By MarketsFarm   WINNIPEG, Dec. 19 (MarketsFarm) – The Canadian dollar was stronger on Monday, seeing a modest recovery off nearby lows start the week amid expectations for increased Chinese demand for oil and other commodities. The Canadian dollar settled at US$0.7324 or US$1=C$1.3653 on Thursday, which compares with Friday’s close of US$0.7306 or US$1=C$1.3687. […] Read more


Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Dec. 19 MarketsFarm) – The Canadian dollar was firmer Monday morning, underpinned by gains in crude oil. At 8:42 a.m. CST Monday morning the Canadian dollar was at US$0.7330 or US$1=C$1.3643, which compares with Friday’s close of US$0.7306 or US$1=C$1.3687. Canada’s Industrial Product Price Index was down by 0.4 per cent […] Read more

Canadian Financial Close: Loonie settles a little above 73 U.S. cents

Fears of global recession weigh on values

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar pulled back further on Friday, adding to the previous day’s losses. A slightly stronger United States dollar and weakness in global crude oil prices weighed on values. The loonie closed at US$0.7306 or US$1=C$1.3687, compared to Thursday’s close of US$0.7331 or US$1=C$1.3640. […] Read more


Canadian Dollar and Business Outlook: Weaker crude pulls back loonie

Oil adjusting to central bank rate hikes

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar was lower on Friday morning, due to weakness in crude oil prices while the United States dollar was relatively steady. As of 8:36 am CST, the loonie was at US$0.7312 or C$1.3677, compared to Thursday’s close of US$0.7331 or C$1.3640. On the […] Read more

Canadian Financial Close: Loonie gives up ground

Greenback higher, crude oil lower

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar lower on Thursday, as the United States dollar incurred a sharp uptick while crude oil prices stepped back. The loonie closed at US$0.7331 or US$1=C$1.3640, compared to Wednesday’s close of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, the greenback gained 0.822 […] Read more



Canadian Financial Close: Loonie follows U.S. dollar

Both lower after fed interest rate hike

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar eased back on Wednesday, following an announcement from the United States Federal Reserve. The loonie closed at US$0.7374 or US$1=C$1.3561, compared to Monday’s close of US$0.7382 or US$1=C$1.3547. On the U.S. Dollar Index, the greenback gave up 0.337 of a point at […] Read more


Canadian Dollar and Business Outlook: Loonie eases back

Fed interest rate announcement at 1 CST

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning, in light of little movement in the United States dollar. As of 8:31 am CST, the loonie was at US$0.7371 or C$1.3568, compared to Tuesday’s close of US$0.7382 or C$1.3547. On the U.S. Dollar Index, the greenback […] Read more

Canadian Financial Close: Loonie turns around to finish higher

U.S. dollar takes a tumble

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, due to weakness in its United States counterpart and solid upticks in crude oil prices. The loonie closed at US$0.7382 or US$1=C$1.3547, compared to Monday’s close of US$0.7322 or US$1=C$1.3658. On the U.S. Dollar Index, the greenback dropped […] Read more