Currency Markets

WINNIPEG – The Canadian dollar advanced on Wednesday morning ahead of an announcement from the Bank of Canada (BoC). The loonie was at US$0.7427 or US$1=C$1.3464, up from US$0.7417 or US$1=C$1.3483 on Tuesday. The BoC is expected to announce at 9 a.m. CDT on Wednesday it will hold its key interest rate steady at 4.5 […] Read more

WINNIPEG – The Canadian dollar found its way back above the 74 United States cent mark on Tuesday. The loonie closed at US$0.7417 or US$1=C$1.3483, compared to US$0.7393 or US$1=C$1.3527 on Monday. The Bank of Canada (BoC) is expected to announce on Wednesday it will hold its key interest rate. The United States Dollar Index […] Read more

WINNIPEG – The Canadian dollar made a move upwards on Tuesday. The loonie was at US$0.7405 or US$1=C$1.3504 this morning, up from US$0.7393 or US$1=C$1.3527 on Monday. The Bank of Canada (BoC) is expected to announce on Wednesday it will hold its key interest rate steady. Meanwhile, the United States Dollar Index lost 0.49 of […] Read more

WINNIPEG – The Canadian dollar dipped below the 74 United States cent mark coming out of Easter weekend. The loonie closed at US$0.7393 or US$1=C$1.3527, compared to US$0.7419 or US$1=C$1.3478 on Thursday. The Bank of Canada (BoC) did not post its exchange rate on Friday due to the Good Friday holiday. The United States Dollar […] Read more

WINNIPEG – The Canadian dollar dropped below the 74 United States cent mark on Monday. The loonie was at US$0.7381 or US$1=C$1.3548, down from Thursday’s close. The Bank of Canada (BoC) did not post its exchange rate on Friday due to Good Friday. Meanwhile, the United States Dollar Index gained 0.54 of a point at […] Read more

By MarketsFarm   WINNIPEG, April 6 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as investors adjusted positions ahead of the long weekend. Financial markets will be closed April 7 for Good Friday. The Canadian dollar settled at US$0.7419 or US$1=C$1.3478 on Thursday, which compares with Wednesday’s close of US$0.7431 or US$1=C$1.3457. Canada added […] Read more

By MarketsFarm   WINNIPEG, April 6 (MarketsFarm) – The Canadian dollar was holding near unchanged Wednesday morning, lacking any clear direction. At 8:46 a.m. CDT Thursday morning the Canadian dollar was at US$0.7405 or US$1=C$1.3504, which compares with Wednesday’s close of US$0.7431 or US$1=C$1.3457. Canada added 35,000 jobs in March with the unemployment rate holding […] Read more

By MarketsFarm WINNIPEG, April 5 (MarketsFarm) – The Canadian dollar was slightly softer on Wednesday, as investors adjusted positions ahead of monthly North American jobs data. The Canadian dollar settled at US$0.7431 or US$1=C$1.3457 on Tuesday, which compares with Tuesday’s close of US$0.7437 or US$1=C$1.3447. Canada’s trade surplus with the rest of the world declined […] Read more

By MarketsFarm   WINNIPEG, April 5 (MarketsFarm) – The Canadian dollar was holding near unchanged Wednesday morning, lacking any clear direction. At 8:55 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7442 or US$1=C$1.3437, which compares with Tuesday’s close of US$0.7437 or US$1=C$1.3447. Canada’s trade surplus with the rest of the world declined to […] Read more

By MarketsFarm WINNIPEG (MarketsFarm) – The Canadian dollar held relatively steady on Tuesday, posting a slight decline relative to its United States counterpart seeing some consolidation after Monday’s rally. The Canadian dollar settled at US$0.7437 or US$1=C$1.3447 on Tuesday, which compares with Monday’s close of US$0.7442 or US$1=C$1.3438. An estimated C$10.7 billion worth of building […] Read more