Currency Markets

WINNIPEG – For the first time since Nov. 10, the Canadian dollar closed the day above the 80 United States cent mark as the greenback continued to falter. The loonie was at US$0.8010 or US$1=C$1.2484 on Thursday, up from Wednesday’s close of US$0.7994 or US$1=C$1.2510. The U.S. Dollar Index lost 0.05 of a point to […] Read more

WINNIPEG – The Canadian dollar has surpassed the 80 United States cent mark on Thursday. As of 8:39 a.m. CST, the loonie was at US$0.8027 or US$1=C$1.2458 on Thursday, compared to US$0.7994 or US$1=C$1.2510 on Wednesday. The U.S. Dollar Index was down 0.20 points at 94.72. The U.S. Labor Department announced on Wednesday the consumer […] Read more

WINNIPEG – The Canadian loonie closed Wednesday just shy of 80 United States cents, after hitting a high of US$0.8002. The loonie was at US$0.7994 or US$1=C$1.2510 on Wednesday, up from Tuesday’s close of US$0.7933 or US$1=C$1.2606. In a report to clients on Tuesday, J.P. Morgan expects the Bank of Canada to raise its benchmark […] Read more

WINNIPEG – The Canadian dollar continued its rise on Wednesday due to higher oil prices and unwelcome economic data from the United States. As of 8:35 a.m. CST, the loonie was at US$0.7988 or US$1=C$1.2519 on Wednesday, compared to US$0.7933 or US$1=C$1.2606 on Tuesday. The U.S. Dollar Index was down 0.34 points at 95.28. The […] Read more

WINNIPEG – Comments from United States Federal Reserve chair Jerome Powell and greater demand for crude oil helped raise the markets and the Canadian dollar on Tuesday. The loonie was at US$0.7933 or US$1=C$1.2606 on Tuesday, up from Friday’s close of US$0.7887 or US$1=C$1.2679. The United States Dollar Index lost 0.38 of a point to […] Read more

WINNIPEG – The Canadian dollar crossed the 79 United States cent mark on Tuesday as crude oil prices jumped. As of 8:36 a.m. CST, the loonie was at US$0.7908 or US$1=C$1.2531 on Tuesday, compared to US$0.7887 or US$1=C$1.2679 on Monday. The U.S. Dollar Index held steady at 95.99. Federal Reserve chair Jerome Powell will appear […] Read more

WINNIPEG – The Canadian dollar finished Monday just short of its closing rate prior to the weekend. The loonie was at US$0.7887 or US$1=C$1.2679 on Monday, down from Friday’s close of US$0.7895 or US$1=C$1.2666. The United States Dollar Index increased 0.24 of a point to 95.96. Benchmark crude oil prices were lower on Monday as […] Read more

WINNIPEG – The Canadian dollar held steady on Monday. As of 8:36 a.m. CST, the loonie was at US$0.7895 or US$1=C$1.2666, same as its closing rate on Friday. The United States Dollar Index jumped 0.48 of a point to 96.20, as U.S. Treasury yields continue to rise. Benchmark crude oil prices were mixed on Monday […] Read more

WINNIPEG – The Canadian dollar reversed direction on Friday, closing just shy of the 79 United States cent mark. The loonie was at US$0.7895 or US$1=C$1.2666 on Friday, up from Thursday’s close of US$0.7849 or US$1=C$1.2741. On Friday, Statistics Canada announced that the country added 54,700 jobs in December, with the unemployment rate falling to […] Read more

WINNIPEG – The Canadian dollar started Friday on a high note after the release of encouraging employment data from Statistics Canada. As of 8:34 a.m. CST, the loonie was at US$0.7868 or US$1=C$1.2710, compared to Thursday’s close of US$0.7849 or US$1=C$1.2741. Statistics Canada reported on Friday that 55,000 jobs were added to the country’s workforce […] Read more