Currency Markets

WINNIPEG, Nov. 22 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning, gleaning support from stronger crude oil prices and a weaker United States dollar. As of 8:35 am CST, the Canadian dollar was at US$0.7454 or C$1.3410, compared to Monday’s close of US$0.7434 or C$1.3452. On the U.S. Dollar Index, the greenback stepped […] Read more

WINNIPEG, Nov. 21 (MarketsFarm) – The Canadian dollar pulled back on Monday as the United States dollar gained strength and crude oil was lower. The loonie closed at US$0.7434 or US$1=C$1.3452, compared to Friday’s close of US$0.7471 or US$1=C$1.3385. On the U.S. Dollar Index, the greenback surged 0.899 of a point at 107.725. Benchmark crude […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The Canadian dollar pulling back on Monday morning in the face of a stronger United States dollar and losses in crude oil prices. As of 8:35 am CST, the Canadian dollar was at US$0.7436 or C$1.3447, compared to Friday’s close of US$0.7471 or C$1.3385. On […] Read more

WINNIPEG – The Canadian dollar moved further below the 75 United States cent mark on Friday. The loonie closed at US$0.7471 or US$1=C$1.3385, down from US$0.7491 or US$1=C$1.3350 on Thursday. The U.S. Dollar Index rose 0.28 of a point at 106.97. Crude oil prices dropped on Friday due to reduced global demand. Brent crude oil […] Read more

WINNIPEG – The Canadian dollar continued to drop as the week comes to a close. As of 8:38 a.m. CST, the loonie was at US$0.7470 or US$1=C$1.3387, down from US$0.7491 or US$1=C$1.3350 at Thursday’s close. The United States Dollar Index declined 0.03 of a point at 106.67. Crude oil prices fell on Friday due to […] Read more

WINNIPEG – The Canadian dollar declined below the 75 United States cent mark on Thursday. The loonie closed at US$0.7491 or US$1=C$1.3350, down from US$0.7513 or US$1=C$1.3311 on Wednesday. The United States Dollar Index rose 0.36 of a point at 106.64. Crude oil prices tumbled on Thursday due to a reduced global demand outlook. Brent […] Read more

WINNIPEG – The Canadian dollar dropped below the 75 United States cent mark on Thursday morning. As of 8:35 a.m. CST, the loonie was at US$0.7475 or US$1=C$1.3378, down from US$0.7513 or US$1=C$1.3311 at Wednesday’s close. On Wednesday, StatCan reported that Canada’s annual inflation rate was steady at 6.9 per cent in October. The U.S. […] Read more

WINNIPEG – The Canadian dollar had a slight decline on Wednesday. The loonie closed at US$0.7513 or US$1=C$1.3311, down from US$0.7524 or US$1=C$1.3290 on Tuesday. Earlier today, Statistics Canada (StatCan) reported that Canada’s annual inflation rate held steady in October compared to the previous month at 6.9 per cent. However, gasoline prices jumped by 9.2 […] Read more

WINNIPEG – The Canadian dollar remains steady on Wednesday after the release of economic data from Statistics Canada (StatCan). As of 8:40 a.m. CST, the loonie was at US$0.7524 or US$1=C$1.3290, unchanged from Tuesday’s close. This morning, StatCan reported that Canada’s annual inflation rate was steady at 6.9 per cent in October. Gasoline prices jumped […] Read more

WINNIPEG – The Canadian dollar was left mostly unchanged on Tuesday. The loonie closed at US$0.7524 or US$1=C$1.3290, down from US$0.7526 or US$1=C$1.3288 on Monday. Earlier today, Statistics Canada (StatCan) reported that manufacturing sales were unchanged in October at C$70.4 billion. The United States Dollar Index declined 0.16 of a point at 106.50. Crude oil […] Read more