Currency Markets

By MarketsFarm   WINNIPEG, June 27 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, backing away from the nine-month highs hit the previous day. At 8:41 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7596 or US$1=C$1.3165, which compares with Monday’s close of US$0.7604 or US$1=C$1.3151. Canada’s annual rate of inflation fell […] Read more

WINNIPEG, June 26 (MarketsFarm) – The Canadian dollar was stronger on Monday, hitting its highest level in nine-months relative to its United States counterpart. Chart-based positioning was a feature as the currency pair tested some key technical levels. The Canadian dollar settled at US$0.7604 or US$1=C$1.3151 on Monday, which compares with Friday’s close of US$0.7576 […] Read more

By MarketsFarm   WINNIPEG, June 26 (MarketsFarm) – The Canadian dollar was stronger Monday morning, nearing the psychological 75 U.S. cents level. At 8:49 a.m. CDT Monday morning the Canadian dollar was at US$0.7597 or US$1=C$1.3163, which compares with Friday’s close of US$0.7576 or US$1=C$1.3199. There were no significant domestic economic releases on Monday, with […] Read more

Compiled by MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The Canadian dollar gave up almost a quarter of a cent on Friday due to pressure from a stronger United States dollar. The loonie closed at US$0.7576 or US$1=C$1.3199, compared to Thursday’s finish of US$0.7599 or US$1=C$1.3160. The greenback advanced 0.531 of a point at 102.525 on […] Read more

By MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The Canadian dollar pulled back on Friday morning, due to continuing pressure from a rising United States dollar and declines in crude oil prices. As of 8:36 am CDT, the loonie was at US$0.7568 or C$1.3215, compared to Thursday’s close of US$0.7599 or US$1=C$1.3160. On the U.S. Dollar […] Read more

Compiled by MarketsFarm WINNIPEG, June 22 (MarketsFarm) – Despite ample pressure, the Canadian dollar climbed up a little further on Thursday. Upticks in the United States dollar and sharp losses in crude oil tempered additional increases in the loonie. The Canadian dollar closed at US$0.7599 or US$1=C$1.3160, compared to Wednesday’s finish of US$0.7586 or US$1=C$1.3183. […] Read more

By MarketsFarm WINNIPEG, June 22 (MarketsFarm) – The Canadian dollar was a pinch below 76 United States cents on Thursday morning, despite gains in the U.S. currency and losses in crude oil. As of 8:33 am CDT, the loonie was at US$0.7594 or C$1.3165, compared to Wednesday’s close of US$0.7586 or US$1=C$1.3183. On the U.S. […] Read more

Compiled by MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The Canadian dollar added about a third of a cent on Wednesday, as its United States counterpart fell back, and crude oil pushed upward. The Canadian dollar closed at US$0.7586 or US$1=C$1.3183, compared to Tuesday’s finish of US$0.7552 or US$1=C$1.3241. Meanwhile, the greenback lost 0.465 of a […] Read more

By MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning, despite slight pressure from its United States counterpart and no direction from crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7571 or C$1.3210, compared to Tuesday’s close of US$0.7552 or US$1=C$1.3241. On the U.S. Dollar Index, […] Read more

WINNIPEG – While still near its highest levels in 2023, the Canadian dollar declined on Tuesday. The loonie closed at US$0.7552 or US$1=C$1.3241, compared to US$0.7572 or US$1=C$1.3206 on Monday. The United States Dollar Index added 0.04 of a point at 102.56. Most U.S. markets resumed trading after the Juneteenth holiday on Monday. Fears that […] Read more