Currency Markets

By MarketsFarm WINNIPEG, June 5 (MarketsFarm) – The Canadian dollar was holding steady Monday morning, as market participants square positions ahead of an upcoming interest rate decision from the Bank of Canada. At 8:35 a.m. CDT Monday morning the Canadian dollar was at US$0.7444 or US$1=C$1.3434, which compares with Friday’s close of US$0.7443 or US$1=C$1.3435. […] Read more

Compiled by MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The Canadian dollar added a little more than a quarter of a cent on Friday, as crude oil prices swung upward. Gains in the United States dollar against other international currencies tempered further increases in the loonie. The Canadian dollar closed at US$0.7443 or US$1=C$1.3435, compared to […] Read more

By MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The Canadian dollar continued pushing higher on Friday morning, riding spillover from gains in crude oil while the United States dollar held firm. As of 8:35 am CDT, the loonie was at US$0.7455 or C$1.3415, compared to Thursday’s close of US$0.7417 or US$1=C$1.3482. On the U.S. Dollar Index, […] Read more

Compiled by MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The Canadian dollar was on the rebound Thursday, pushing well above 74 United States cents due to a sharp drop in its U.S. dollar and higher crude oil prices. The loonie closed at US$0.7417 or US$1=C$1.3482, compared to Wednesday’s finish of US$0.7351 or US$1=C$1.3603. On the U.S. […] Read more

By MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The Canadian dollar was higher on Thursday morning catching some of the spillover from the end of the United States government’s debt crisis. As of 8:35 am CDT, the loonie was at US$0.7385 or C$1.3537, compared to Wednesday’s close of US$0.7351 or US$1=C$1.3603. On the U.S. Dollar Index, […] Read more

Compiled by MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The Canadian dollar dipped slightly on Wednesday in trying to hold its own against lower crude oil prices. A stronger Canadian economy helped to fend off further declines. The loonie closed at US$0.7351 or US$1=C$1.3603, compared to Monday’s finish of US$0.7354 or US$1=C$1.3598. On the U.S. Dollar […] Read more

By MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning despite Statistics Canada’s latest report on economic growth. Pressure came from gains in the United States dollar and declines in crude oil prices. As of 8:39 am CDT, the loonie was at US$0.7339 or C$1.3623, compared to Tuesday’s close of […] Read more

Compiled by MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The Canadian dollar held steady on Tuesday as the oil-currency fended off pressure from sharp declines in crude prices. The loonie closed at US$0.7354 or US$1=C$1.3598, compared to Monday’s finish of US$0.7357 or US$1=C$1.3593. On the U.S. Dollar Index, the greenback slipped 0.141 of a point at […] Read more

By MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning as the United States dollar and global crude oil prices slipped back. As of 8:35 am CDT, the loonie was at US$0.7354 or C$1.3597, compared to Monday’s close of US$0.7357 or US$1=C$1.3593. On the U.S. Dollar Index, the greenback […] Read more

Compiled by MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The Canadian dollar added a little bit of ground on Monday due to the tentative deal reached to raise the United States government’s debt ceiling. The loonie closed at US$0.7357 or US$1=C$1.3593, compared to Friday’s finish of US$0.7341 or US$1=C$1.3623. On the U.S. Dollar Index, the greenback […] Read more