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Dec. 5, 2023 at 3:34 pm CST

Glacier FarmMedia MarketsFarm – The Canadian dollar took another step back on Tuesday. The loonie closed at US$0.7364 or US$1=C$1.3579, compared to US$0.7385 or US$1=C$1.3541 on Monday. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many observers predicting it will remain unchanged. The United […]

Dec. 5, 2023 at 8:42 am CST

Glacier FarmMedia MarketsFarm – The Canadian dollar declined on Tuesday. The loonie was at US$0.7365 or US$1=C$1.3578, lower than Monday’s close of US$0.7385 or US$1=C$1.3541. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many expecting the central bank to leave the rate unchanged. […]

Dec. 4, 2023 at 3:35 pm CST

After a brief sojourn above the 74 United States cent mark, the Canadian dollar lost some ground. The loonie closed on Monday at US$0.7385 or US$1=C$1.3541, compared to US$0.7404 or US$1=C$1.3507 on Friday. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many observers […]

Dec. 4, 2023 at 8:44 am CST

Glacier FarmMedia MarketsFarm – The Canadian dollar moved below the 74 United States cent mark on Monday. The loonie was at US$0.7374 or US$1=C$1.3561, lower than Friday’s close of US$0.7404 or US$1=C$1.3507. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many expecting the […]

Dec. 1, 2023 at 3:52 pm CST

By MarketsFarm   WINNIPEG, Dec. 1 (MarketsFarm) – The Canadian dollar was stronger on Friday, as monthly jobs data beat expectations. The Canadian dollar settled at US$0.7404 or US$1=C$1.3508 on Friday, which compares with Thursday’s close of US$0.7363 or US$1=C$1.3582. While Statistics Canada reported that the country’s unemployment rate edged […]