Currency Markets

By MarketsFarm   WINNIPEG, July 19 (MarketsFarm) – The Canadian dollar edged higher relative to its United States counterpart on Wednesday, although a downturn in crude oil tempered the upside in the energy-linked currency. The Canadian dollar settled at US$0.7593 or US$1=C$1.3170 on Wednesday, which compares with Tuesday’s close of US$0.7582 or US$1=C$1.3190. Investment in […] Read more

By MarketsFarm   WINNIPEG, July 19 (MarketsFarm) – The Canadian dollar was slightly firmer Wednesday morning, as gains in crude oil and equity markets provided some support. At 8:55 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7593 or US$1=C$1.3170, which compares with Tuesday’s close of US$0.7582 or US$1=C$1.3190. Investment in building construction in […] Read more

By MarketsFarm   WINNIPEG, July 18 (MarketsFarm) – The Canadian dollar settled near unchanged on Tuesday, with updated inflation data doing little to move the market. The Canadian dollar settled at US$0.7582 or US$1=C$1.3190 on Tuesday, which compares with Monday’s close of US$0.7583 or US$1=C$1.3187. Canada’s consumer price index was up by 2.8 per cent […] Read more

By MarketsFarm   WINNIPEG, July 18 (MarketsFarm) – The Canadian dollar was slightly weaker Tuesday morning, as currency traders reacted to the country’s latest inflation data. At 8:40 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7563 or US$1=C$1.3222, which compares with Monday’s close of US$0.7583 or US$1=C$1.3187. Canada’s consumer price index was up […] Read more

By MarketsFarm   WINNIPEG, July 17 (MarketsFarm) – The Canadian dollar held within a narrow range on Monday, seeing some consolidation after retreating from nearby highs on Friday. The Canadian dollar settled at US$0.7583 or US$1=C$1.3187 on Monday, which compares with Friday’s close of US$0.7586 or US$1=C$1.3183. Foreign investment in Canadian securities came in at […] Read more

By MarketsFarm   WINNIPEG, July 17 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, seeing some consolidation to start the week after correcting off nearby highs on Friday. At 8:50 a.m. CDT Monday morning the Canadian dollar was at US$0.7578 or US$1=C$1.3196, which compares with Friday’s close of US$0.7586 or US$1=C$1.3183. Foreign investment […] Read more

Compiled by MarketsFarm WINNIPEG, July 14 (MarketsFarm) – The Canadian dollar lacked the strength to remain above 76 U.S. cents on Friday, due to ground taken back by the United States dollar and losses in crude oil prices. The loonie closed at US$0.7586 or US$1=C$1.3183, compared to Thursday’s finish of US$0.7617 or US$1=C$1.3128. On the […] Read more

By MarketsFarm WINNIPEG, July 14 (MarketsFarm) – The Canadian dollar was relatively steady on Friday morning, in light of a slight increase in the United States dollar and minute decreases in global crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7613 or C$1.3137, compared to Thursday’s close of US$0.7617 or US$1=C$1.3128. […] Read more

Compiled by MarketsFarm WINNIPEG, July 13 (MarketsFarm) – The Canadian dollar eclipsed the 76 U.S. cent mark on Thursday, gleaning support from continued losses in the United States dollar and increases in crude oil prices. The loonie closed at US$0.7617 or US$1=C$1.3128, compared to Wednesday’s finish of US$0.7583 or US$1=C$1.3188. On the U.S. Dollar Index […] Read more

By MarketsFarm WINNIPEG, July 13 (MarketsFarm) – The Canadian dollar was higher on Thursday morning, largely due to a weaker United States dollar. As of 8:37 am CDT, the loonie was at US$0.7598 or C$1.3157, compared to Wednesday’s close of US$0.7583 or US$1=C$1.3188. On the U.S. Dollar Index, the greenback dropped 0.378 of a point […] Read more