Currency Markets

Compiled by MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The Canadian dollar held steady on Tuesday as the oil-currency fended off pressure from sharp declines in crude prices. The loonie closed at US$0.7354 or US$1=C$1.3598, compared to Monday’s finish of US$0.7357 or US$1=C$1.3593. On the U.S. Dollar Index, the greenback slipped 0.141 of a point at […] Read more

By MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning as the United States dollar and global crude oil prices slipped back. As of 8:35 am CDT, the loonie was at US$0.7354 or C$1.3597, compared to Monday’s close of US$0.7357 or US$1=C$1.3593. On the U.S. Dollar Index, the greenback […] Read more

Compiled by MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The Canadian dollar added a little bit of ground on Monday due to the tentative deal reached to raise the United States government’s debt ceiling. The loonie closed at US$0.7357 or US$1=C$1.3593, compared to Friday’s finish of US$0.7341 or US$1=C$1.3623. On the U.S. Dollar Index, the greenback […] Read more

By MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning despite small upticks in the United States dollar and declines in crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7349 or C$1.3609, compared to Friday’s close of US$0.7341 or US$1=C$1.3623. On the U.S. Dollar Index, […] Read more

WINNIPEG – The Canadian dollar was relatively steady at the end of the week. The loonie closed at US$0.7341 or US$1=C$1.3623, compared to US$0.7338 or US$1=C$1.3628 on Thursday. The United States Dollar Index declined 0.05 of a point at 104.21. There will be no trading in the U.S. on Monday due to the Memorial Day […] Read more

WINNIPEG – The Canadian dollar was relatively steady on Friday morning. The loonie was at US$0.7339 or US$1=C$1.3626, up from US$0.7338 or US$1=C$1.3628 on Thursday. The United States Dollar Index dropped 0.12 of a point at 104.13. There will be no trading in the U.S. on Monday due to the Memorial Day holiday. Crude oil […] Read more

WINNIPEG – The Canadian dollar saw a decline of a quarter cent on Thursday. The loonie closed at US$0.7338 or US$1=C$1.3628, compared to US$0.7363 or US$1=C$1.3582 on Wednesday. The United States Dollar Index increased 0.36 of a point at 104.25. The U.S. Commerce Department reported today that the country’s economy grew at a 1.3 per […] Read more

WINNIPEG – The Canadian dollar slid downwards Thursday morning. The loonie was at US$0.7340 or US$1=C$1.3624, down from US$0.7363 or US$1=C$1.3582 on Wednesday. The United States Dollar Index added 0.26 of a point at 104.15. The U.S. Commerce Department reported that the country’s economy grew at an annual rate of 1.3 per cent in the […] Read more

WINNIPEG – The Canadian dollar dropped below the 74 United States cent mark on Wednesday. The loonie closed at US$0.7363 or US$1=C$1.3582, compared to US$0.7405 or US$1=C$1.3504 on Tuesday. The U.S. Dollar Index increased 0.39 of a point at 103.88. Crude oil jumped on Tuesday after U.S. stockpiles fell by more than 12 million barrels, […] Read more

WINNIPEG – The Canadian dollar fell below the 74 United States cent mark on Wednesday morning. The loonie was at US$0.7382 or US$1=C$1.3546, down from US$0.7404 or US$1=C$1.3506 late Tuesday. The Bank of Canada (BoC) did not post its exchange rate on Tuesday. The United States Dollar Index added 0.09 of a point at 103.56. […] Read more