Currency Markets

By MarketsFarm WINNIPEG, Oct. 14 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as a downturn in crude oil weighed on the energy-linked currency. At 9:23 a.m. CDT Friday morning the Canadian dollar was at US$0.7230 or US$1=C$1.3831, which compares with Thursday’s close of US$0.7243 or US$1=C$1.3806. Canadian manufacturing sales were down by 2.0 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday despite a decrease in the United States dollar and increases in crude oil prices. The loonie finished the day at US$0.7243 or US$1=C$1.3806, compared to Wednesday’s close of US$0.7245 or US$1=C$1.3802. On the U.S. Dollar Index, the […] Read more

By MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, as inflation data out of the United States beat expectations. At 9:06 a.m. CDT Thursday morning the Canadian dollar was at US$0.7190 or US$1=C$1.3908, which compares with Wednesday’s close of US$0.7245 or US$1=C$1.3802. The U.S. consumer price index was up by […] Read more

By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, taking some direction from crude oil. At 8:52 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7240 or US$1=C$1.3812, which compares with Tuesday’s close of US$0.7260 or US$1=C$1.3775. Crude oil remained pressured by global recessionary fears for the third session […] Read more

By MarketsFarm WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, as losses in crude oil and a ‘risk-off’ sentiment in the global financial markets weighed on the currency. The Canadian dollar settled at US$0.7260 or US$1=C$1.3775 on Tuesday, which compares with Friday’s close of US$0.7293 or US$1=C$1.3712. Crude oil was pressured […] Read more

By MarketsFarm WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, taking some direction from crude oil. At 8:41 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7250 or US$1=C$1.3793, which compares with Friday’s close of US$0.7293 or US$1=C$1.3712. Canadian markets were closed Monday for Thanksgiving. Crude oil was pressured by […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was relatively steady on Friday ahead of the Thanksgiving long weekend. Pressure from additional strength in the United States dollar was effectively countered by support from rising crude oil prices. The loonie closed at US$0.7293 or US$1=C$1.3712, compared to Thursday’s close of […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was virtually unchanged on Friday morning, still feeling the pressure of a strong United States dollar but buoyed by reduced unemployment in Canada and small gains in crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7291 or […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar fell back on Thursday sliding below 73 U.S. cents due to another surge in the United States dollar and on comments made by Bank of Canada Governor Tiff Macklem. The loonie closed at US$0.7289 or US$1=C$1.3719, compared to Wednesday’s close of US$0.7331 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was lower on Thursday morning, as the United States dollar resumed its upward climb. As of 8:35 am CDT, the Canadian dollar was at US$0.7304 or C$1.3696, compared to Wednesday’s close of US$0.7331 or C$1.3641. On the U.S. Dollar Index, the greenback […] Read more