Currency Markets

WINNIPEG – The Canadian dollar jumped early Friday after the release of welcome economic news from Statistics Canada. As of 8:41 a.m. CDT, the loonie was at US$0.7854 or US$1=C$1.2732, compared to US$0.7795 or US$1=C$1.2829 on Thursday. The national data agency reported that Canada’s economy grew for the 10th straight month, increasing 0.5 per cent […] Read more

WINNIPEG – The Canadian dollar remained unchanged on Thursday, but was still below 78 United States cents. The loonie closed at US$0.7795 or US$1=C$1.2828, the same value as on Wednesday, despite the ever-strengthening U.S. greenback. The U.S. Dollar Index gained 0.66 of a point at 103.62 after hitting 103.93 earlier in the day, the highest […] Read more

WINNIPEG – The Canadian dollar slipped further away from 78 United States cents on Thursday. As of 8:38 a.m. CDT, the loonie was at US$0.7779 or US$1=C$1.2855, compared to US$0.7795 or US$1=C$1.2828 on Wednesday. The U.S. Dollar Index gained 0.72 of a point at 103.67, where the index hasn’t reached since November 2002. Brent crude […] Read more

WINNIPEG – The Canadian dollar dipped below 78 United States cents on Wednesday for the first time since March 8, mainly due to a strengthening U.S. greenback. The loonie closed at US$0.7795 or US$1=C$1.2828, down from Tuesday’s close of US$0.7814 or US$1=C$1.2797. The U.S. Dollar Index gained 0.67 of a point at 102.97 after hitting […] Read more

WINNIPEG – The Canadian dollar dropped below 78 United States cents on Wednesday while crude oil prices eased off. As of 8:39 a.m. CDT, the loonie was at US$0.7790 or US$1=C$1.2837, compared to US$0.7814 or US$1=C$1.2797 on Tuesday. The U.S. Dollar Index gained 0.71 of a point at 103.02, reaching a level unseen since December […] Read more

WINNIPEG – The Canadian dollar closed at its lowest level since March 9 on Tuesday. The loonie closed at US$0.7814 or US$1=C$1.2797, down from Monday’s close of US$0.7838 or US$1=C$1.2758. The United States Dollar Index reached its highest level since March 15, 2020 when it gained 0.60 of a point at 102.35, marking six straight […] Read more

WINNIPEG – The Canadian dollar retreated on Tuesday as crude oil prices are pulled in opposite directions. As of 8:39 a.m. CDT, the loonie was at US$0.7817 or US$1=C$1.2793, compared to US$0.7838 or US$1=C$1.2758 on Monday. The U.S. Dollar Index gained 0.17 of a point at 101.92, marking the sixth consecutive day the index was […] Read more

WINNIPEG – The Canadian dollar dropped on Monday as did crude oil prices. The loonie closed at US$0.7838 or US$1=C$1.2758, down from Friday’s close of US$0.7873 or US$1=C$1.2702. The Canadian dollar’s value against the United States greenback is at its lowest level since March 15. The U.S. Dollar Index was up 0.51 of a point […] Read more

WINNIPEG – The Canadian dollar continued its downturn to start the week, declining with crude oil prices while also facing a rising United States dollar. As of 8:36 a.m. CDT, the loonie was at US$0.7833 or US$1=C$1.2767, compared to US$0.7873 or US$1=C$1.2702 on Friday. The U.S. Dollar Index gained 0.42 of a point at 101.64, […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar lost in excess of a penny on Friday, due to the increased strength of its United States counterpart and lower crude oil prices. The loonie closed at US$0.7873 or US$1=C$1.2702, compared to Thursday’s close of US$0.7981 or US$1=C$1.2529. Bank of Canada Governor […] Read more