Canadian dollar and business outlook

By MarketsFarm WINNIPEG, May 16 (MarketsFarm) – The Canadian dollar was holding relatively steady Monday morning, slightly firmer compared to Friday’s close but down from levels seen in overnight trade. At 8:48 a.m. CDT Monday morning the Canadian dollar was at US$0.7737 or US$1=C$1.2925, which compares with Friday’s close of US$0.7720 or US$1=C$1.2953. Canadian manufacturing […] Read more

Canadian Financial Close: C$ recovers from lows to end week

By MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The Canadian dollar was stronger on Friday, recovering from the 18-month lows hit the previous session as gains in crude oil underpinned the energy-linked currency. The Canadian dollar closed at US$0.7720 or US$1=C$1.2953 on Friday, which compares with Thursday’s North American close of US$0.7669 or US$1=C$1.3039. Ideas that […] Read more


Canadian Dollar and Business Outlook: Loonie bumps up with crude

And despite gains in U.S. greenback

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The Canadian dollar was higher Friday morning, benefitting from increases in global crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7692 or C$1.2988, compared to Thursday’s close of US$0.7669 or C$1.3039. On the U.S. Dollar Index, the greenback remained at […] Read more

Canadian Financial Close: C$ weakens on reduced risk appetite

By MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar was weaker on Thursday, hitting a fresh 18-month low relative to its United States counterpart as a reduced appetite for risk internationally weighed on the currency. The Canadian dollar closed at US$0.7669 or US$1=C$1.3039 on Thursday, which compares with Wednesday’s North American close of US$0.7710 […] Read more


Canadian Dollar and Business Outlook: Loonie falling back

Crude oil looking for direction

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar was lower Thursday morning due to a stronger United States dollar. As of 8:41 am CDT, the Canadian dollar was at US$0.7670 or C$1.3030, compared to Wednesday’s close of US$0.7710 or C$1.2970. On the U.S. Dollar Index, the greenback gained 0.661 of […] Read more

Canadian Financial Close: C$ recovers higher

By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, seeing a recovery after hitting its weakest level in 18 months relative to its United States counterpart earlier in the week. The Canadian dollar closed at US$0.7710 or US$1=C$1.2970 on Wednesday, which compares with Tuesday’s North American close of US$0.7685 or […] Read more


Canadian Dollar and Business Outlook: Loonie rises above 77 U.S. cents

Crude oil up, US greenback down

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was higher Wednesday morning as the United States dollar stepped back a little and due to sharp upticks in global crude oil prices. As of 8:37 am CDT, the Canadian dollar was at US$0.7711 or C$1.2946, compared to Tuesday’s close of US$0.7685 […] Read more

Canadian Financial Close: C$ hits 18-month low

By MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, hitting its lowest level in 18 months relative to its United States counterpart. The Canadian dollar closed at US$0.7685 or US$1=C$1.3012 on Tuesday, which compares with Monday’s North American close of US$0.7714 or US$1=C$1.2964. A reduced appetite for risk in the […] Read more



Canadian Financial Close: C$ drops with oil

By MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar was weaker on Monday, as sharp declines in crude oil and mounting concerns over the global economic outlook weighed on the energy-linked currency. The Canadian dollar closed at US$0.7714 or US$1=C$1.2964 on Monday, which compares with Friday’s North American close of US$0.7763 or US$1=C$1.26882. Crude […] Read more