Currency Markets

WINNIPEG – The Canadian dollar has increased as the lightly trading markets continue to ignore concerns over the Omicron COVID-19 variant. The loonie was at US$0.7810 or US$1=C$1.2804 on Wednesday, down from Tuesday’s rate of US$0.7803 or US$1=C$1.2816 as of 3:30 p.m. CST. The Bank of Canada’s closing exchange rate was not posted at that […] Read more

WINNIPEG – The Canadian dollar remained steady as the New Year approaches. As of 9:08 a.m. CST, the loonie was at US$0.7804 or US$1=C$1.2814, compared to the rate of US$0.7803 or US$1=C$1.2812 at 3:30 p.m. CST on Tuesday. The Bank of Canada has not posted a closing exchange rate since Dec. 24. The United States […] Read more

WINNIPEG – The Canadian dollar has come out of the Christmas break relatively steady. As of 3:30 p.m. CST, the loonie was at US$0.7803 or US$1=C$1.2816 on Tuesday, down from last Friday’s close of US$0.7805 or US$1=C$1.2812. The Bank of Canada’s closing exchange rate was not posted at the time. The United States Dollar Index […] Read more

WINNIPEG – The Canadian dollar inched its way upwards coming out of the Christmas break. As of 9:04 a.m. CST, the loonie was at US$0.7814 or US$1=C$1.2798, compared to last Friday’s close of US$0.7805 or US$1=C$1.2813. The Bank of Canada did not post a closing exchange rate on Monday due to the Boxing Day holiday. […] Read more

WINNIPEG – While new COVID-19 cases have reached a new daily high with more than 16,000 reported on Thursday, the Canadian dollar exceeded the 78 United States cent mark on the strength of welcome economic data. As of 2:45 p.m. CST, the loonie was at US$0.7805 or US$1=C$1.2812 on Thursday, up from Wednesday’s close of […] Read more

WINNIPEG– The Canadian dollar nearly approached 78 United States cents on Thursday morning, continuing its recent rise amid good economic news despite the spread of the Omicron COVID-19 variant. As of 8:48 a.m. CST, the loonie was at US$0.7799 or US$1=C$1.2822, compared to Thursday’s close of US$0.7773 or US$1=C$1.2865. Canada had a record 14,995 new […] Read more

WINNIPEG – The Canadian dollar made gains on Wednesday as oil prices continued to rise. The loonie was at US$0.7773 or US$1=C$1.2865 on Wednesday, up from Tuesday’s close of US$0.7736 or US$1=C$1.2927. Prime Minster Justin Trudeau announced today new financial supports to workers and businesses negatively affected by new lockdowns. The United States Dollar Index […] Read more

WINNIPEG– The Canadian dollar made gains on Wednesday despite new shutdowns due to the Omicron COVID-19 variant and steady crude oil prices. As of 8:33 a.m. CST, the loonie was at US$0.7754 or US$1=C$1.2897, compared to Tuesday’s close of US$0.7736 or US$1=C$1.2927. Prime Minister Justin Trudeau, Chief Public Health Officer Dr. Theresa Tam and numerous […] Read more

WINNIPEG – The Canadian dollar moved slightly upward on Tuesday while crude oil surged. The loonie was at US$0.7736 or US$1=C$1.2927 on Tuesday, up from Monday’s close of US$0.7727 or US$1=C$1.2942. Retail sales increased in Canada by 1.2 per cent in November, according to a report from Statistics Canada released on Tuesday. The United States […] Read more

WINNIPEG – The Canadian dollar made a slight gain on Tuesday on the strength of welcome retail sales data and increased natural gas demand in Europe. As of 8:38 a.m. CST, the loonie was at US$0.7737 or US$1=C$1.2925, compared to Monday’s close of US$0.7727 or US$1=C$1.2942. Statistics Canada reported on Tuesday that retailers sold 1.2 […] Read more