Currency Markets

WINNIPEG – The Canadian dollar regained upward momentum on Wednesday to reach a month-long high. The loonie closed at US$0.7403 or US$1=C$1.3508, up from US$0.7322 or US$1=C$1.3658 on Tuesday. The last time the Canadian dollar closed above 74 United States cents was on Dec. 2, 2022. The U.S. Dollar Index declined 0.26 of a point […] Read more

WINNIPEG – The Canadian dollar regained positive momentum on Wednesday after suffering a big drop on Tuesday. The loonie was at US$0.7384 or US$1=C$1.3543, up from US$0.7322 or US$1=C$1.3658 at Tuesday’s close. The United States Dollar Index declined 0.47 of a point at 104.05. Crude oil continued its slide on Wednesday due to the rising […] Read more

WINNIPEG – The Canadian dollar took a tumble to start 2023. The loonie closed at US$0.7322 or US$1=C$1.3658, down from US$0.7383 or US$1=C$1.3544 on Dec. 30. The Bank of Canada (BoC) did not post an exchange rate on Jan. 2 due to the New Year’s Day holiday. The U.S. Dollar Index jumped 1.12 points at […] Read more

WINNIPEG – The Canadian dollar was in decline to start 2023. The loonie was at US$0.7325 or US$1=C$1.3652, down from US$0.7383 or US$1=C$1.3544 at Friday’s close. The Bank of Canada (BoC) did not post an exchange rate on Jan. 2 due to the New Year’s Day holiday. The United States Dollar Index surged 0.98 of […] Read more

WINNIPEG – The Canadian dollar ended 2022 on a positive note on Friday. The loonie closed at US$0.7383 or US$1=C$1.3544, up from US$0.7376 or US$1=C$1.3557 on Thursday. By comparison, the Bank of Canada’s (BoC) exchange rate on Dec. 31, 2021 was 79.01 United States cents. The U.S. Dollar Index declined 0.34 of a point at […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – The Canadian dollar pushed higher on Friday morning on the final day of trading for 2022. As of 8:43 am CST, the loonie was at US$0.7387 or C$1.3540, compared to Thursday’s close of US$0.7376 or C$1.3557. On the U.S. Dollar Index, the greenback stepped back […] Read more

WINNIPEG – The Canadian dollar made a small gain on Thursday. The loonie closed at US$0.7376 or US$1=C$1.3557, up from US$0.7372 or US$1=C$1.3565 on Wednesday. The United States Dollar Index gained 0.36 of a point at 104.54. Crude oil prices were down on Thursday as U.S. stockpiles rose and fears of lower demand in China […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 29 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning, as a weaker United States dollar was countered by declines in crude oil prices. As of 8:36 am CST, the loonie was at US$0.7373 or C$1.3562, compared to Wednesday’s close of US$0.7372 or C$1.3565. On the […] Read more

WINNIPEG – The Canadian dollar moved upward on Wednesday. The loonie closed at US$0.7372 or US$1=C$1.3565, up from US$0.7351 or US$1=C$1.3603 on Dec. 23. The Bank of Canada (BoC) did not post exchange rates on Dec. 26 and 27 due to the Christmas and Boxing Day holidays. The United States Dollar Index gained 0.36 of […] Read more

Canadian Dollar and Business Outlook: Loonie pushes higher Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 28 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning, as trading in the Canadian markets resumed after the holidays. As of 8:31 am CST, the loonie was at US$0.7404 or C$1.3510, compared to Friday’s close of US$0.7351 or […] Read more