Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The Canadian dollar was weaker on Monday morning, following crude oil and global stock indices.      At 8:45 CST Monday morning the Canadian dollar was at US$0.7778 or US$1=C$1.2856, which compares with Friday’s North American close of US$0.7828 or US$1=C$1.2775. The crude oil-sensitive currency was lower following announcements […] Read more

Canadian Financial Close: C$ weakens with profit-taking

By MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – The Canadian dollar was weaker on Friday, with profit-taking ahead of the weekend as the currency posted its first weekly decline in five weeks relative to its United States counterpart. The Canadian dollar closed at US$0.7828 or US$1=C$1.2775, which compares with Thursday’s North American close of US$0.7863 or […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – The Canadian dollar was weaker Friday morning, retreating from nearby highs as investors adjusted positions ahead of the weekend. At 8:50 CST Friday morning the Canadian dollar was at US$0.7839 or C$1.2757 which compares with Thursday’s North American close of US$0.7863 or C$1.2718. Retail sales in Canada were […] Read more

Canadian Financial Close: C$ strengthens

By MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as broad weakness in the United States dollar internationally and an increased appetite for risk provided support. The Canadian dollar closed at US$0.7863 or US$1=C$1.2718, which compares with Wednesday’s North American close of US$0.7841 or US$1=C$1.2753. West Texas Intermediate crude oil […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The Canadian dollar was firmer Thursday morning, amid news that the United States was getting closer to agreeing on COVID-19 stimulus measures. At 8:46 CST Thursday morning the Canadian dollar was at US$0.7866 or C$1.2713 which compares with Wednesday’s North American close of US$0.7841 or C$1.2753. In domestic […] Read more

Canadian Financial Close: C$ backs away from highs

By MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar was softer on Wednesday, backing away from nearby highs. The Canadian dollar closed at US$0.7841 or US$1=C$1.2753, which compares with Tuesday’s North American close of US$0.7860 or US$1=C$1.2722. Canada’s consumer price index was up by 1.0 per cent on an annual basis in November, after […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar was slightly slightly weaker Wednesday morning, backing away from the two-and-a-half year highs hit on Tuesday. At 8:50 CST Wednesday morning the Canadian dollar was at US$0.7844 or C$1.2749 which compares with Tuesday’s North American close of US$0.7860 or C$1.2722. Canada’s consumer price index was […] Read more

Canadian Financial Close: C$ hits 2.5-year highs

WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar hit it two-and-a-half year highs on Tuesday, as optimism over stimulus measures in the United States boosted equity markets and increased the risk appetite in the financial markets. The Canadian dollar closed at US$0.7860 or US$1=C$1.2722, which compares with Monday’s North American close of US$0.7839 or US$1=C$1.2757. […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart Tuesday morning, as gains in crude oil and the global equity markets provided support. At 8:40 CST Monday morning the Canadian dollar was at US$0.7850 or C$1.2739 which compares with Monday’s North American close of US$0.7839 […] Read more

Canadian Financial Close: C$ firm on vaccine optimism

By MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was firmer on Monday, as optimism over COVID-19 vaccines and a firm tone in crude oil provided some support. The Canadian dollar closed at US$0.7839 or US$1=C$1.2757, which compares with Friday’s North American close of US$0.7831 or US$1=C$1.2769. Canada’s first doses of vaccine against COVID-19 […] Read more