Currency Markets

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

By MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – The Canadian dollar recovered some lost ground on Wednesday morning, due to a weaker United states dollar and small upticks in crude oil. As of 8:47 am CDT, the loonie was at US$0.7391 or C$1.3531, compared to Tuesday’s close of US$0.7357 or US$1=C$1.3593. On the U.S. Dollar Index, […] Read more

WINNIPEG – The Canadian dollar was virtually unchanged on Tuesday despite gaining ground on the United States dollar earlier in the day. The loonie closed at US$0.7357 or US$1=C$1.3593 on Tuesday, compared to US$0.7355 or US$1=C$1.3596 on Monday. The U.S. Dollar Index lost 0.63 of a point at 103.43. Crude oil jumped on Tuesday, supported […] Read more

By MarketsFarm WINNIPEG, Aug. 29 (MarketsFarm) – The Canadian dollar was lower on Tuesday morning as the United States dollar was somewhat stronger, but a small uptick in crude oil prices held back further losses in the loonie. As of 8:40 am CDT, the loonie was at US$0.7342 or C$1.3620, compared to Monday’s close of […] Read more

WINNIPEG – The Canadian dollar halted a four-day decline with a small gain on Monday. The loonie closed at US$0.7355 or US$1=C$1.3596 on Monday, compared to US$0.7350 or US$1=C$1.3606 on Friday. The United States Dollar Index subtracted 0.06 of a point at 104.02. New economic stimuli in China helped crude oil become steady to higher […] Read more

By MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – The Canadian dollar was unchanged on Monday morning while the United States dollar inched up and global crude oil prices were relatively firm. As of 8:36 am CDT, the loonie was at US$0.7350 or C$1.3606, compared to Friday’s close of US$0.7350 or US$1=C$1.3606. On the U.S. Dollar Index, […] Read more

WINNIPEG – The Canadian dollar extended its downturn to a fourth day. The loonie closed at US$0.7350 or US$1=C$1.3606 on Friday, compared to US$0.7372 or US$1=C$1.3565 on Thursday. The United States Dollar Index added 0.20 of a point at 104.18. Crude oil rose after comments from United States Federal Reserve chair Jerome Powell indicated further […] Read more

WINNIPEG – The Canadian dollar continued to come down on Friday morning although crude oil prices were on the rise. The loonie was at US$0.7353 or US$1=C$1.3600, down from US$0.7372 or US$1=C$1.3565 on Thursday. The United States Dollar Index was up 0.13 points to 104.11. U.S. Federal Reserve chair Jerome Powell is expected to announce […] Read more

WINNIPEG – The Canadian dollar went down for the third straight day on Thursday. The loonie closed at US$0.7372 or US$1=C$1.3565 on Thursday, compared to US$0.7379 or US$1=C$1.3552 on Wednesday. The United States Dollar Index rose 0.58 of a point at 104.00, hitting its highest level since June 7. Despite showing weakness throughout much of […] Read more