Currency Markets

WINNIPEG – The Canadian dollar changed very little to enter the weekend. The loonie closed at US$0.7484 or US$1=C$1.3362 on Friday, compared to US$0.7486 or US$1=C$1.3359 on Thursday. Statistics Canada (StatCan) reported on Friday that manufacturing sales dropped 3.6 per cent to C$71.5 billion in February. Sales in motor vehicles as well as petroleum and […] Read more

WINNIPEG – The Canadian dollar was higher on Friday morning, reaching a level unseen in two months. The loonie was at US$0.7499 or US$1=C$1.3335, up from US$0.7486 or US$1=C$1.3359 on Thursday. Meanwhile, the United States Dollar Index reversed direction, gaining 0.25 of a point at 101.26. Crude oil prices were higher on Friday morning. Brent […] Read more

WINNIPEG – The Canadian dollar made its way closer to the 75 United States cent mark on Thursday. The loonie closed at US$0.7486 or US$1=C$1.3359, compared to US$0.7437 or US$1=C$1.3447 on Wednesday. The Bank of Canada (BoC) said on Wednesday it will leave its key interest rate unchanged at 4.5 per cent. However, the bank […] Read more

WINNIPEG – The Canadian dollar continued to rise on Thursday as it got closer to the 75 United States cent mark. The loonie was at US$0.7475 or US$1=C$1.3378, up from US$0.7437 or US$1=C$1.3447 on Wednesday. The Bank of Canada (BoC) decided on Wednesday to hold its key interest rate at 4.5 per cent. Meanwhile, the […] Read more

WINNIPEG – The Canadian dollar continued its upward momentum on Wednesday hours after an announcement from the Bank of Canada (BoC). The loonie closed at US$0.7437 or US$1=C$1.3447, compared to US$0.7417 or US$1=C$1.3483 on Tuesday. Canada’s central bank said it will leave its key interest rate unchanged at 4.5 per cent. However, the bank added […] Read more

WINNIPEG – The Canadian dollar advanced on Wednesday morning ahead of an announcement from the Bank of Canada (BoC). The loonie was at US$0.7427 or US$1=C$1.3464, up from US$0.7417 or US$1=C$1.3483 on Tuesday. The BoC is expected to announce at 9 a.m. CDT on Wednesday it will hold its key interest rate steady at 4.5 […] Read more

WINNIPEG – The Canadian dollar found its way back above the 74 United States cent mark on Tuesday. The loonie closed at US$0.7417 or US$1=C$1.3483, compared to US$0.7393 or US$1=C$1.3527 on Monday. The Bank of Canada (BoC) is expected to announce on Wednesday it will hold its key interest rate. The United States Dollar Index […] Read more

WINNIPEG – The Canadian dollar made a move upwards on Tuesday. The loonie was at US$0.7405 or US$1=C$1.3504 this morning, up from US$0.7393 or US$1=C$1.3527 on Monday. The Bank of Canada (BoC) is expected to announce on Wednesday it will hold its key interest rate steady. Meanwhile, the United States Dollar Index lost 0.49 of […] Read more

WINNIPEG – The Canadian dollar dipped below the 74 United States cent mark coming out of Easter weekend. The loonie closed at US$0.7393 or US$1=C$1.3527, compared to US$0.7419 or US$1=C$1.3478 on Thursday. The Bank of Canada (BoC) did not post its exchange rate on Friday due to the Good Friday holiday. The United States Dollar […] Read more

WINNIPEG – The Canadian dollar dropped below the 74 United States cent mark on Monday. The loonie was at US$0.7381 or US$1=C$1.3548, down from Thursday’s close. The Bank of Canada (BoC) did not post its exchange rate on Friday due to Good Friday. Meanwhile, the United States Dollar Index gained 0.54 of a point at […] Read more