Currency Markets

WINNIPEG – The Canadian dollar moved up to its highest level since March 6 on Tuesday. The loonie closed at US$0.7339 or US$1=C$1.3626, up from US$0.7309 or US$1=C$1.3682 on Monday. Canadian Finance Minister Chrystia Freeland unveiled the federal budget in the House of Commons earlier today. Some of the major points were: a projected C$40.1 […] Read more

By MarketsFarm WINNIPEG, March 28 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning as its United States counterpart was lower. As of 8:35 am CDT, the loonie was at US$0.7325 or C$1.3651, compared to Monday’s close of US$0.7309 or US$1=C$1.3682. On the U.S. Dollar Index the greenback was down 0.298 of a point […] Read more

WINNIPEG – The Canadian dollar moved back above the 73 United States cent mark on Monday. The loonie closed at US$0.7309 or US$1=C$1.3682, up from US$0.7266 or US$1=C$1.3763 on Friday. Canadian Finance Minister Chrystia Freeland will unveil the federal budget in the House of Commons on Tuesday. The U.S. Dollar Index declined 0.28 of a […] Read more

Compiled by MarketsFarm WINNIPEG, March 27 (MarketsFarm) – The Canadian dollar was higher on Monday morning, on strength in global crude oil prices. As of 8:38 am CDT, the loonie was at US$0.7300 or C$1.3702, compared to Friday’s close of US$0.7266 or US$1=C$1.3763. On the U.S. Dollar Index, the greenback was slightly lower, easing back […] Read more

By MarketsFarm   WINNIPEG, March 24 (MarketsFarm) – The Canadian dollar was weaker on Friday, as losses in crude oil and broad strength in the United States dollar weighed on the currency. The Canadian dollar settled at US$0.7266 or US$1=C$1.3763 on Friday, which compares with Thursday’s close of US$0.7315 or US$1=C$1.3671. Crude oil was pressured […] Read more

By MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as losses in crude oil and general global economic uncertainty weighed on the currency. At 8:37 a.m. CDT Friday morning the Canadian dollar was at US$0.7259 or US$1=C$1.3776, which compares with Thursday’s close of US$0.7315 or US$1=C$1.3671. Mounting concerns in the […] Read more

By MarketsFarm   WINNIPEG, March 23 (MarketsFarm) – The Canadian dollar was stronger relative to its United States counterpart on Thursday, but off its highs for the session as a downturn in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7315 or US$1=C$1.3671 on Thursday, which compares with Wednesday’s close of […] Read more

By MarketsFarm   WINNIPEG, March 23 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, as currency markets continued to digest Wednesday’s interest rate decision from the United States Federal Reserve. At 8:50 a.m. CDT Thursday morning the Canadian dollar was at US$0.7326 or US$1=C$1.3650, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3712. The […] Read more

By MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The Canadian dollar held steady relative to its United States counterpart on Wednesday, as currency traders reacted to the latest interest rate hike from the United States Federal Reserve. The Canadian dollar settled at US$0.7293 or US$1=C$1.3712 on Tuesday, which compares with Tuesday’s close of US$0.7296 or US$1=C$1.3706. […] Read more

By MarketsFarm   WINNIPEG, March 22 (MarketsFarm) – The Canadian dollar was holding steady Wednesday morning, as investors wait for the latest interest rate decision from the United States Federal Reserve. At 8:56 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7291 or US$1=C$1.3716, which compares with Tuesday’s close of US$0.7296 or US$1=C$1.3706. The […] Read more