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

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was stronger Monday morning, as gains in crude oil and optimism over COVID-19 vaccines provided support. At 8:51 CST Monday morning the Canadian dollar was at US$0.7855 or C$1.2731 which compares with Friday’s North American close of US$0.7831 or C$1.2769. Canada’s first doses of vaccine […] Read more


Canadian Financial Close: Loonie pulls back from 30-month highs

Greenback stronger, markets turn cautious

By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was lower on Friday, stepping away from highs unseen in two and a half year as the United States dollar regained some lost ground and as North American markets turned cautious. The dollar finished at US$0.7831 or US$1.2769, compared to Thursday’s close of US$0.7853 or […] Read more

Canadian Dollar and Business Outlook: Loonie pulls back

U.S. greenback finds strength

By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was lower Friday morning, as the United States dollar was gaining strength. As of 8:40 CST, the Canadian dollar was at US$0.7823 or C$1.2782, compared to Thursday’s close of US$0.7853 or C$1.2734. On the U.S. Dollar Index, the greenback was up 0.134 at 90.885 points. […] Read more


Canadian Financial Close: Loonie rises above 78.50 U.S. cents

Greenback down, crude oil up

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was stronger on Thursday due to a weaker United States dollar and gains in crude oil prices. The dollar finished at US$0.7853 or US$1.2734, compared to Wednesday’s close of US$0.7811 or US$1=C$1.2803. The U.S. Dollar Index lost 0.286 leaving the greenback at 90.725 points. Benchmark […] Read more

Canadian Dollar and Business Outlook: Loonie breaks out of holding pattern

Crude oil prices spike Thursday morning

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – After the Canadian dollar was remained largely firm this week, the loonie was higher Thursday morning, due to gains in crude oil prices. As of 8:39 CST, the Canadian dollar was at US$0.7838 or C$1.2755, compared to Wednesday’s close of US$0.7811 or C$1.2803. Benchmark crude oil prices were […] Read more


Canadian Financial Close: Loonie remains steady

Crude oil prices mixed

By MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The Canadian dollar held steady on Wednesday while its United States counterpart found a small amount of traction. The dollar finished at US$0.7811 or US$1.2803, compared to Tuesday’s close of US$0.7808 or US$1=C$1.2808. The United States Dollar Index saw the greenback inch up 0.075 at 90.955 points. The […] Read more




Canadian Financial Close: Loonie holding course

US greenback makes small increase

By MarketsFarm WINNIPEG, Dec. 8 (MarketsFarm) – The Canadian dollar remain relatively steady on Tuesday as its United States counterpart regained a pinch of lost strength. The dollar finished at US$0.7808 or US$1.2808, compared to Monday’s close of US$0.7812 or US$1=C$1.2801. The U.S. Dollar Index saw the greenback rise 0.173 at 90.875 points. Benchmark crude […] Read more