Currency Markets

WINNIPEG – The Canadian dollar began the month of July on a high note. The loonie closed at US$0.7565 or US$1=C$1.3219 on Tuesday, compared to US$0.7553 or US$1=C$1.3240 on June 30. The Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the Canada Day holiday. The United States Dollar […] Read more

WINNIPEG – The Canadian dollar moved higher coming out of the Canada Day long weekend. The loonie was at US$0.7572 or US$1=C$1.3207, up from US$0.7553 or US$1=C$1.3240 on Friday. The Bank of Canada (BoC) didn’t post a closing exchange rate on July 3 due to the Canada Day holiday. The United States Dollar Index declined […] Read more

By MarketsFarm   WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar was firmer on Friday, finding support from gains in crude oil ahead of the Canada Day long weekend. The Canadian dollar settled at US$0.7553 or US$1=C$1.3240 on Friday, which compares with Thursday’s close of US$0.7544 or US$1=C$1.3255. Canada’s real domestic product held steady in […] Read more

WINNIPEG – The Canadian dollar has inched upwards after the release of economic data from Statistics Canada (StatCan). The loonie was at US$0.7549 or US$1=C$1.3247, up from US$0.7544 or US$1=C$1.3255 on Thursday. StatCan reported earlier today that the country’s economy grew by 0.4 per cent in May, leaving the possibility open for another key interest […] Read more

WINNIPEG – The Canadian dollar stayed steady on Thursday despite a stronger United States greenback. The loonie closed at US$0.7544 or US$1=C$1.3255, compared to US$0.7545 or US$1=C$1.3254 on Wednesday. The U.S. Dollar Index jumped 0.42 of a point at 103.33. Crude oil made its way upwards on Thursday after a decline in U.S. stockpiles. However, […] Read more

WINNIPEG – The Canadian dollar continued to weaken on Thursday after one of its biggest one-day drops in months on Wednesday. The loonie was at US$0.7532 or US$1=C$1.3277, down from US$0.7545 or US$1=C$1.3254 on Wednesday. The United States Dollar Index showed its strength again, gaining 0.44 of a point at 103.34. A decline in U.S. […] Read more

Compiled by MarketsFarm WINNIPEG, June 28 (MarketsFarm) – The Canadian dollar was weaker on Wednesday as the United States dollar added strength, however the loonie’s retreat was tempered by higher crude oil prices. The dollar closed at US$0.7545 or US$1=C$1.3254, compared to Tuesday’s finish of US$0.7590 or US$1=C$1.3175. On the U.S. Dollar Index, the greenback […] Read more

By MarketsFarm   WINNIPEG, June 28 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, seeing a continuation of Tuesday’s losses relative to its United States counterpart. At 8:59 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7544 or US$1=C$1.3256, which compares with Tuesday’s close of US$0.7590 or US$1=C$1.3175. Canada’s annual rate of inflation […] Read more

By MarketsFarm WINNIPEG, June 27 (MarketsFarm) – The Canadian dollar was weaker slightly weaker on Tuesday, backing away from the nine-month highs hit Monday as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7590 or US$1=C$1.3175 on Tuesday, which compares with Monday’s close of US$0.7604 or US$1=C$1.3151. Canada’s annual […] Read more

By MarketsFarm   WINNIPEG, June 27 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, backing away from the nine-month highs hit the previous day. At 8:41 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7596 or US$1=C$1.3165, which compares with Monday’s close of US$0.7604 or US$1=C$1.3151. Canada’s annual rate of inflation fell […] Read more