Currency Markets

By MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning, despite a bump up in the United States dollar and slight losses in crude oil prices. As of 8:33 am CDT, the loonie was at US$0.7325 or C$1.3658, compared to Wednesday’s close of US$0.7324 or US$1=C$1.3654. On the U.S. […] Read more

Compiled by MarketsFarm WINNIPEG, Sept. 6 (MarketsFarm) – The Canadian dollar slipped on Wednesday, following the Bank of Canada’s announcement it kept its key interest rate at five per cent. The loonie closed at US$0.7324 or US$1=C$1.3654, compared to Tuesday’s finish of US$0.7338 or US$1=C$1.3627. On the U.S. Dollar Index, the greenback was relatively steady […] Read more

By MarketsFarm WINNIPEG, Sept. 6 (MarketsFarm) – The Canadian dollar slid back on Wednesday morning, ahead of today’s Bank of Canada announcement on interest rates. As of 8:36 am CDT, the loonie was at US$0.7332 or C$1.3640, compared to Tuesday’s close of US$0.7338 or US$1=C$1.3627. On the U.S. Dollar Index, the greenback dipped 0.053 of […] Read more

Compiled by MarketsFarm WINNIPEG, Sept. 5 (MarketsFarm) – The Canadian dollar fell back on Tuesday, as trading in the currency resumed after the Labour Day long weekend. The loonie closed at US$0.7338 or US$1=C$1.3627, compared to Friday’s finish of US$0.7364 or US$1=C$1.3580. On the U.S. Dollar Index, the greenback advanced 0.574 of a point at […] Read more

By MarketsFarm WINNIPEG, Sept. 5 (MarketsFarm) – The Canadian dollar stepped back on Tuesday morning, as strength in the United States dollar outweighed upticks in crude oil. As of 8:35 am CDT, the loonie was at US$0.7348 or C$1.3607, compared to Friday’s close of US$0.7364 or US$1=C$1.3580. On the U.S. Dollar Index, the greenback added […] Read more

WINNIPEG – The first day of September was not too kind to the Canadian dollar ahead of the Labour Day weekend. The loonie closed at US$0.7364 or US$1=C$1.3580 on Friday, compared to US$0.7390 or US$1=C$1.3531 on Wednesday. Statistics Canada (StatCan) estimated today that the economy contracted by 0.2 per cent in the second quarter. Markets […] Read more

By MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – The Canadian dollar fell back on Friday morning, pulled lower by a Statistics Canada report. As of 8:51 am CDT, the loonie was at US$0.7373 or C$1.3563, compared to Thursday’s close of US$0.7390 or US$1=C$1.3531. On the U.S. Dollar Index, the greenback dipped 0.092 of a point at […] Read more

WINNIPEG – The Canadian dollar was virtually unchanged on Thursday as the month of August comes to a close. The loonie closed at US$0.7390 or US$1=C$1.3531 on Thursday, compared to US$0.7388 or US$1=C$1.3535 on Wednesday. The United States Dollar Index gained 0.47 of a point at 103.63. A 10-million barrel drop in U.S. inventories and […] Read more

By MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The Canadian dollar was approaching 74 United States cents on Thursday morning, due to gains in crude oil prices and despite strength in the U.S. dollar. As of 8:34 am CDT, the loonie was at US$0.7394 or C$1.3524, compared to Wednesday’s close of US$0.7388 or US$1=C$1.3535. On the […] Read more

WINNIPEG – The Canadian dollar had its biggest one-day jump since July 31 on Wednesday  as the United States dollar was weaker and crude oil prices bumped up. The loonie closed at US$0.7388 or US$1=C$1.3535 on Wednesday, compared to US$0.7357 or US$1=C$1.3593 on Tuesday. The U.S. Dollar Index lost 0.36 of a point at 103.17. […] Read more