Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Nov. 29 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, as domestic inflation data failed to live up to expectations. At 8:39 a.m. CST Tuesday morning the Canadian dollar was at US$0.7380 or US$1=C$1.3550, which compares with Monday’s close of US$0.7433 or US$1=C$1.3453. Canada’s gross domestic product was up by […] Read more

Canadian Financial Close: C$ weakens Monday

By MarketsFarm WINNIPEG, Nov. 28 (MarketsFarm) – The Canadian dollar was weaker on Monday, as protests in China over the country’s strict COVID-19 lockdown measures raised concerns in global financial and commodity markets. The Canadian dollar settled at US$0.7433 or US$1=C$1.3453 on Monday, which compares with Friday’s close of US$0.7476 or US$1=C$1.3377. Crude oil initially […] Read more


Canadian dollar and business outlook

By MarketsFarm   WINNIPEG, Nov. 28 (MarketsFarm) – The Canadian dollar was weaker Monday morning, as losses in crude oil weighed on the energy-linked currency. At 8:45 a.m. CST Monday morning the Canadian dollar was at US$0.7430 or US$1=C$1.3459, which compares with Friday’s close of US$0.7476 or US$1=C$1.3377. Protests in China over the government’s strict […] Read more

Canadian Financial Close: Loonie gives up some ground

Greenback budges a little

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The Canadian dollar stepped back a little on Friday as the United States dollar remained firm and crude oil prices were lower. The loonie closed at US$0.7476 or US$1=C$1.3377, compared to Thursday’s close of US$0.7497 or US$1=C$1.3338. On the U.S. Dollar Index, the greenback was […] Read more


Canadian Dollar and Business Outlook: Loonie reverses course

Greenback finds support

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 25  (MarketsFarm) – The Canadian dollar was lower on Friday morning, losing ground to a higher United States dollar. As of 8:37 am CST, the Canadian dollar was at US$0.7473 or C$1.3381, compared to Thursday’s close of US$0.7497 or C$1.3338. On the U.S. Dollar Index, the greenback gained […] Read more

Canadian Financial Close: Loonie near 75 U.S. cent threshold

U.S. markets closed for Thanksgiving

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar was higher on Thursday due to a report from Statistics Canada, the United States markets being closed for the Thanksgiving holiday, and movement in the U.S. dollar. The loonie closed at US$0.7497 or US$1=C$1.3338, compared to Wednesday’s close of US$0.7467 or US$1=C$1.3392. […] Read more


Canadian Dollar and Business Outlook: Loonie pushing towards 75 U.S. cents

Greenback giving up ground

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar was stronger on Thursday morning, benefitting from a lower United States dollar and despite losses in crude oil. The U.S. markets are closed today for the Thanksgiving holiday. As of 8:35 am CST, the Canadian dollar was at US$0.7497 or C$1.3342, compared […] Read more

Canadian Financial Close: Loonie barely budges

Greenback, crude oil effectively counter each other

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar was virtually unchanged on Wednesday as strength for the loonie from a weaker United States dollar was effectively countered by a round of sharp losses in crude oil. The loonie closed at US$0.7467 or US$1=C$1.3392, compared to Tuesday’s close of US$0.7465 or […] Read more


Canadian Dollar and Business Outlook: Loonie firm this morning

Greenback, crude oil counter each other

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar was virtually unchanged on Wednesday morning, balanced off by a weaker United States dollar providing support while declines in crude oil weighed on values. As of 8:36 am CST, the Canadian dollar was at US$0.7464 or C$1.3391, compared to Tuesday’s close of […] Read more

Canadian Financial Close: Loonie adds nearly a third of a cent

Oil higher on no OPEC+ production cuts

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The Canadian dollar pushed higher on Tuesday aided by a weaker United States dollar and rising crude oil prices. The loonie closed at US$0.7465 or US$1=C$1.3396, compared to Monday’s close of US$0.7434 or US$1=C$1.3413. On the U.S. Dollar Index, the greenback lost 0.672 of a […] Read more