Currency Markets

By MarketsFarm   WINNIPEG, Dec. 19 (MarketsFarm) – The Canadian dollar was stronger on Monday, seeing a modest recovery off nearby lows start the week amid expectations for increased Chinese demand for oil and other commodities. The Canadian dollar settled at US$0.7324 or US$1=C$1.3653 on Thursday, which compares with Friday’s close of US$0.7306 or US$1=C$1.3687. […] Read more

By MarketsFarm   WINNIPEG, Dec. 19 MarketsFarm) – The Canadian dollar was firmer Monday morning, underpinned by gains in crude oil. At 8:42 a.m. CST Monday morning the Canadian dollar was at US$0.7330 or US$1=C$1.3643, which compares with Friday’s close of US$0.7306 or US$1=C$1.3687. Canada’s Industrial Product Price Index was down by 0.4 per cent […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar pulled back further on Friday, adding to the previous day’s losses. A slightly stronger United States dollar and weakness in global crude oil prices weighed on values. The loonie closed at US$0.7306 or US$1=C$1.3687, compared to Thursday’s close of US$0.7331 or US$1=C$1.3640. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar was lower on Friday morning, due to weakness in crude oil prices while the United States dollar was relatively steady. As of 8:36 am CST, the loonie was at US$0.7312 or C$1.3677, compared to Thursday’s close of US$0.7331 or C$1.3640. On the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar lower on Thursday, as the United States dollar incurred a sharp uptick while crude oil prices stepped back. The loonie closed at US$0.7331 or US$1=C$1.3640, compared to Wednesday’s close of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, the greenback gained 0.822 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The Canadian dollar was stepping back on Thursday morning, as crude oil prices lost a little bit of ground. As of 8:38 am CST, the loonie was at US$0.7347 or C$1.3608, compared to Wednesday’s close of US$0.7382 or C$1.3547. On the U.S. Dollar Index, the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar eased back on Wednesday, following an announcement from the United States Federal Reserve. The loonie closed at US$0.7374 or US$1=C$1.3561, compared to Monday’s close of US$0.7382 or US$1=C$1.3547. On the U.S. Dollar Index, the greenback gave up 0.337 of a point at […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning, in light of little movement in the United States dollar. As of 8:31 am CST, the loonie was at US$0.7371 or C$1.3568, compared to Tuesday’s close of US$0.7382 or C$1.3547. On the U.S. Dollar Index, the greenback […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, due to weakness in its United States counterpart and solid upticks in crude oil prices. The loonie closed at US$0.7382 or US$1=C$1.3547, compared to Monday’s close of US$0.7322 or US$1=C$1.3658. On the U.S. Dollar Index, the greenback dropped […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was stronger on Tuesday morning, as the United States dollar fell back and crude oil prices gained ground. As of 8:38 am CST, the Canadian dollar was at US$0.7375 or C$1.3557, compared to Monday’s close of US$0.7322 or C$1.3658. On the U.S. […] Read more