Canadian Financial Close: Loonie remains steady

Greenback, crude oil down on the day

Compiled by MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday, despite weakness in the United States dollar and in global crude oil. The loonie closed at US$0.7448 or US$1=C$1.3427, compared to Wednesday’s close of US$0.7447 or US$1=C$1.3429. On the U.S. Dollar Index, the greenback was down 0.132 of a […] Read more

Canadian Dollar and Business Outlook: Loonie gains off of weaker greenback

Oil slips back, adding pressure

By MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar pushed higher on Thursday morning, aided by weakness in the United States dollar. As of 8:40 am CST, the loonie was at US$0.7468 or C$1.3391, compared to Wednesday’s close of US$0.7447 or US$1=C$1.3429. On the U.S. Dollar Index, the greenback gave up 0.717 of a […] Read more


Canadian Financial Close: Loonie sees tiny increase

BoC issues summary of deliberations for first time

Compiled by MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar held relatively steady on Wednesday as pressure from a small increase in the United States dollar helped to balance off support from crude oil. The loonie closed at US$0.7447 or US$1=C$1.3429, compared to Tuesday’s close of US$0.7443 or US$1=C$1.3432. On the U.S. Dollar Index, […] Read more

Canadian Dollar and Business Outlook: Loonie bumps up

Support from gains in crude oil

By MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar edged up on Wednesday morning due to a small decline in the United States dollar and increases in crude oil prices. As of 8:35 am CST, the loonie was at US$0.7450 or C$1.3419, compared to Tuesday’s close of US$0.7443 or US$1=C$1.3435. On the U.S. Dollar […] Read more


Canadian Financial Close: Loonie changes little despite support

Greenback dips, crude pil soars

Compiled by MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday although the United States dollar eased back and crude oil prices surged ahead. The loonie closed at US$0.7443 or US$1=C$1.3435, compared to Monday’s close of US$0.7439 or US$1=C$1.3442. On the U.S. Dollar Index, the greenback lost 0.263 of a […] Read more

Canadian Dollar and Business Outlook: Loonie yields a small amount of ground

Small uptick in crude tempering declines

By MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – The Canadian dollar eased back on Tuesday morning as its United States counterpart lurched forward while small gains in crude oil tempered further declines. As of 8:35 am CST, the loonie was at US$0.7433 or C$1.3453, compared to Monday’s close of US$0.7439 or US$1=C$1.3442. On the U.S. Dollar […] Read more


Canadian Financial Close: Loonie feels pressure from rising greenback

Gains in crude limit weight on dollar

Compiled by MarketsFarm WINNIPEG, Feb. 6 (MarketsFarm) – The Canadian dollar lost ground to its United States counterpart on Monday, although declines were tempered by upticks in crude oil prices. The loonie closed at US$0.7439 or US$1=C$1.3442, compared to Friday’s close of US$0.7468 or US$1=C$1.3391. On the U.S. Dollar Index, the greenback increased 0.755 of […] Read more

Canadian Dollar and Business Outlook: Stronger greenback weakens loonie

Crude oil higher after two earthquakes

By MarketsFarm WINNIPEG, Feb. 6 (MarketsFarm) – The Canadian dollar fell back on Monday morning as the United States dollar gained strength. However, the losses were tempered by increases in crude oil prices. As of 8:34 am CST, the loonie was at US$0.7444 or C$1.3434, compared to Friday’s close of US$0.7468 or US$1=C$1.3391. On the […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as better-than-expected jobs data out of the United States led to broad strength in the U.S. dollar internationally. At 8:52 a.m. CST Friday morning the Canadian dollar was at US$0.7465 or US$1=C$1.3396, which compares with Thursday’s close of US$0.7512 or US$1=C$1.3312. […] Read more