Currency Markets

WINNIPEG – After rising for most of the week, the Canadian dollar took a step back on Friday morning. The loonie was at US$0.7381 or US$1=C$1.3548, down from US$0.7399 or US$1=C$1.3515 on Thursday. The U.S. Dollar Index went down 0.13 of a point to 105.27. Crude oil also changed momentum after rallying for most of […] Read more

WINNIPEG – The Canadian dollar spent part of the day above 74 United States cents, as the loonie reached its highest level since Aug. 15. The loonie closed on Thursday at US$0.7399 or US$1=C$1.3515, compared to US$0.7380 or US$1=C$1.3551 on Wednesday. The U.S. Dollar Index was up 0.56 of a point at 105.33. Supply curbs […] Read more

WINNIPEG – The Canadian dollar inched its way closer to the 74 United States cent mark on Thursday morning. The loonie was at US$0.7392 or US$1=C$1.3528, up from US$0.7380 or US$1=C$1.3551 on Wednesday. The U.S. Dollar Index went up 0.30 of a point to 105.07. Crude oil continued its rally due to record demand as […] Read more

WINNIPEG – The Canadian dollar took a step upward on Wednesday, extending its rally which started on Sept. 8. The loonie closed at US$0.7380 or US$1=C$1.3551, compared to US$0.7375 or US$1=C$1.3560 on Tuesday. The United States Dollar Index was up 0.05 of a point at 104.76. The U.S. Labor Department reported today that the consumer […] Read more

WINNIPEG – The Canadian dollar was slowly moving its way upwards on Wednesday morning. The loonie was at US$0.7386 or US$1=C$1.3539, up from US$0.7375 or US$1=C$1.3560 on Tuesday. The United States Dollar Index was virtually unchanged, down by 0.01 of a point to 104.70. The U.S. Labor Department reported today that the consumer price index […] Read more

WINNIPEG – The Canadian dollar made another gain on Tuesday supported by rising crude oil prices. The loonie closed at US$0.7375 or US$1=C$1.3560, compared to US$0.7363 or US$1=C$1.3581 on Monday. The U.S. Dollar Index was up 0.17 of a point at 104.74. Brent crude oil rose US$1.49 at US$92.13 per barrel. West Texas Intermediate (WTI) […] Read more

WINNIPEG – The Canadian dollar continued its upward climb on Tuesday. The loonie was at US$0.7371 or US$1=C$1.3567, up from US$0.7363 or US$1=C$1.3581 on Monday. The United States Dollar Index strengthened by 0.28 of a point to 104.85. Crude oil jumped due to high demand and supply cuts from Russia and Saudi Arabia. Brent crude […] Read more

WINNIPEG – The Canadian dollar bumped up more than a quarter of a United States cent on Monday. The loonie closed at US$0.7363 or US$1=C$1.3581, compared to US$0.7336 or US$1=C$1.3632 on Friday. The U.S. Dollar Index lost 0.56 of a point at 104.53. Brent crude oil eased off US$0.07 at US$90.58 per barrel. West Texas […] Read more

WINNIPEG – The Canadian dollar was charging upwards to start the week. The loonie was at US$0.7368 or US$1=C$1.3572, up from US$0.7336 or US$1=C$1.3632 on Friday. The United States Dollar Index weakened by 0.48 of a point to 104.61. Crude oil continued its rise on the strength of supply cuts from Russia and Saudi Arabia. […] Read more

Compiled by MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The Canadian dollar recovered some lost ground on Friday, as crude oil prices crept higher. The loonie closed at US$0.7336 or US$1=C$1.3632, compared to Thursday’s finish of US$0.7313 or US$1=C$1.3674. On the U.S. Dollar Index, the greenback was relatively steady, inching up 0.027 of a point at […] Read more