Currency Markets

WINNIPEG – The Canadian dollar was relatively steady near the end of close on Tuesday following the long weekend. The loonie was at US$0.7404 or US$1=C$1.3506 late Tuesday, compared to US$0.7406 or US$1=C$1.3503 on Friday. The Bank of Canada (BoC) did not post an exchange rate on Monday due to the Victoria Day holiday. The […] Read more

WINNIPEG – The Canadian dollar slightly eased off coming out of the Victoria Day weekend. The loonie was at US$0.7403 or US$1=C$1.3508, down from US$0.7406 or US$1=C$1.3503 on Friday. The Bank of Canada (BoC) did not post its exchange rate on Monday due to the Victoria Day holiday. The United States Dollar Index added 0.32 […] Read more

By MarketsFarm   WINNIPEG, May 19 (MarketsFarm) – The Canadian dollar held steady on Friday, lacking any clear direction ahead of the Victoria Day long weekend. The Canadian dollar settled at US$0.7406 or US$1=C$1.3503 on Friday, which compares with Thursday’s close of US$0.7407 or US$1=C$1.3500. Canadian retail sales were down by 1.4 per cent in […] Read more

By MarketsFarm   WINNIPEG, May 19 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning, with gains in crude oil providing some support. At 8:42 a.m. CDT Friday morning the Canadian dollar was at US$0.7413 or US$1=C$1.3490, which compares with Thursday’s close of US$0.7407 or US$1=C$1.3500. Canadian retail sales were down by 1.4 per […] Read more

By MarketsFarm   WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar softened slightly relative to its United States counterpart on Thursday, as ideas that the U.S. government would raise its debt ceiling were supportive for that country’s currency. The Canadian dollar settled at US$0.7407 or US$1=C$1.3500 on Thursday, which compares with Wednesday’s close of US$0.7428 […] Read more

By MarketsFarm   WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar was slightly weaker Thursday morning, with losses in crude oil accounting for some of the selling pressure in the energy-linked currency. At 8:48 a.m. CDT Thursday morning the Canadian dollar was at US$0.7409 or US$1=C$1.3497, which compares with Wednesday’s close of US$0.7428 or US$1=C$1.3463. […] Read more

By MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar held reasonably steady on Wednesday, with gains in crude oil lending some support to the energy-linked currency. The Canadian dollar was trading at US$0.7434 or US$1=C$1.3452 late Wednesday, which compares with Tuesday’s close of US$0.7432 or US$1=C$1.3456. The Bank of Canada was late in releasing […] Read more

By MarketsFarm   WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar was holding relatively steady Wednesday morning, seeing some consolidation after Tuesday’s gains. At 8:42 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7425 or US$1=C$1.3468, which compares with Tuesday’s close of US$0.7432 or US$1=C$1.3456. Foreign investment in Canadian securities declined by C$19.1 billion […] Read more

By MarketsFarm   WINNIPEG, May 16 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, underpinned by better-than-expected inflation data. The Canadian dollar settled at US$0.7432 or US$1=C$1.3456 on Tuesday, which compares with Monday’s close of US$0.7415 or US$1=C$1.3487. Canada’s annual rate of inflation increased to 4.4 per cent in April, from 4.3 per cent […] Read more

By MarketsFarm   WINNIPEG, May 16 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, seeing a continuation of Monday’s rise relative to its United States counterpart. At 8:40 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7453 or US$1=C$1.3417, which compares with Monday’s close of US$0.7415 or US$1=C$1.3487. Canada’s annual rate of inflation […] Read more