Currency Markets

Compiled by MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar dropped back on Wednesday, due to gains in the United States dollar and declines in crude oil prices. The Canadian dollar closed at US$0.7438 or US$1=C$1.3445, compared to Tuesday’s close of US$0.7470 or US$1=C$1.3387. On the U.S. Dollar Index, the greenback added 0.217 of […] Read more

By MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was stepping back on Wednesday morning, as the United States dollar regained some lost ground and crude oil prices were lower. As of 8:35 am CDT, the loonie was at US$0.7450 or C$1.3428, compared to Tuesday’s close of US$0.7470 or US$1=C$1.3387. On the U.S. Dollar […] Read more

Compiled by MarketsFarm WINNIPEG, April 18 (MarketsFarm) – The Canadian dollar made a small gain on Tuesday, due to declines in the United States dollar while there was little direction from crude oil. The Canadian dollar closed at US$0.7470 or US$1=C$1.3387, compared to Monday’s close of US$0.7464 or US$1=C$1.3398. On the U.S. Dollar Index, the […] Read more

By MarketsFarm WINNIPEG, April 18 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning, getting little spillover from crude oil, but regaining some ground given to the United States dollar. As of 8:36 am CDT, the loonie was at US$0.765 or C$1.3394, compared to Monday’s close of US$0.7464 or US$1=C$1.3398. On the U.S. […] Read more

Compiled by MarketsFarm WINNIPEG, April 17 (MarketsFarm) – The Canadian dollar shed a little ground on Monday to its stronger United States counterpart due to losses in crude oil prices. The Canadian dollar closed at US$0.7464 or US$1=C$1.3398, compared to Friday’s close of US$0.7484 or US$1=C$1.3362. On the U.S. Dollar Index, the greenback gained 0.545 […] Read more

Complied by MarketsFarm WINNIPEG, April 17 (MarketsFarm) – The Canadian dollar was lower on Monday morning, as the United States dollar was on the rise. As of 8:35 am CDT, the loonie was at US$0.7467 or C$1.3392, compared to Friday’s close of US$0.7484 or US$1=C$1.3362. On the U.S. Dollar Index, the greenback added 0.385 of […] Read more

WINNIPEG – The Canadian dollar changed very little to enter the weekend. The loonie closed at US$0.7484 or US$1=C$1.3362 on Friday, compared to US$0.7486 or US$1=C$1.3359 on Thursday. Statistics Canada (StatCan) reported on Friday that manufacturing sales dropped 3.6 per cent to C$71.5 billion in February. Sales in motor vehicles as well as petroleum and […] Read more

WINNIPEG – The Canadian dollar was higher on Friday morning, reaching a level unseen in two months. The loonie was at US$0.7499 or US$1=C$1.3335, up from US$0.7486 or US$1=C$1.3359 on Thursday. Meanwhile, the United States Dollar Index reversed direction, gaining 0.25 of a point at 101.26. Crude oil prices were higher on Friday morning. Brent […] Read more

WINNIPEG – The Canadian dollar made its way closer to the 75 United States cent mark on Thursday. The loonie closed at US$0.7486 or US$1=C$1.3359, compared to US$0.7437 or US$1=C$1.3447 on Wednesday. The Bank of Canada (BoC) said on Wednesday it will leave its key interest rate unchanged at 4.5 per cent. However, the bank […] Read more

WINNIPEG – The Canadian dollar continued to rise on Thursday as it got closer to the 75 United States cent mark. The loonie was at US$0.7475 or US$1=C$1.3378, up from US$0.7437 or US$1=C$1.3447 on Wednesday. The Bank of Canada (BoC) decided on Wednesday to hold its key interest rate at 4.5 per cent. Meanwhile, the […] Read more