Currency Markets

By MarketsFarm WINNIPEG, April 25 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, as losses in crude oil and broad ‘risk-off’ sentiment in global financial markets weighed on the currency. The Canadian dollar settled at US$0.7341 or US$1=C$1.3623 on Tuesday, which compares with Monday’s close of US$0.7384 or US$1=C$1.3542. The Bank of Canada is […] Read more

By MarketsFarm   WINNIPEG, April 25 (MarketsFarm) – The Canadian dollar was softer Tuesday morning, taking some direction from crude oil. At 8:38 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7347 or US$1=C$1.3611, which compares with Monday’s close of US$0.7384 or US$1=C$1.3542. The Bank of Canada is set to release the minutes of […] Read more

By MarketsFarm   WINNIPEG, April 24 (MarketsFarm) – The Canadian dollar held steady on Monday, amid a lack of any significant market moving news. The Canadian dollar settled at US$0.7384 or US$1=C$1.3542 on Monday, which compares with Friday’s close of US$0.7386 or US$1=C$1.3539. The Bank of Canada is set to release the minutes of its […] Read more

By MarketsFarm   WINNIPEG, April 24 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, with positioning in the currency markets ahead of next week’s United States Federal Reserve interest rate decision behind some of the activity. At 9:13 a.m. CDT Monday morning the Canadian dollar was at US$0.7381 or US$1=C$1.3548, which compares with […] Read more

Compiled by MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar fell below 74 United States cents on Friday, despite a decline in the U.S. dollar and an upward nudge in crude oil. The Canadian dollar closed at US$0.7386 or US$1=C$1.3539, compared to Thursday’s finish of US$0.7424 or US$1=C$1.3469. On the U.S. Dollar Index, the […] Read more

By MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar slipped below 74 United States cents on Friday morning, despite a little bit of weakness in the U.S. dollar and small upticks in crude oil. As of 8:34 am CDT, the loonie was at US$0.7389 or C$1.3537, compared to Thursday’s close of US$0.7424 or US$1=C$1.3469. […] Read more

Compiled by MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar eased further back on Thursday, due to weakness in crude oil prices. The Canadian dollar closed at US$0.7424 or US$1=C$1.3469, compared to Wednesday’s close of US$0.7438 or US$1=C$1.3445. On the U.S. Dollar Index, the greenback inched lower 0.123 of a point at 101.545. Benchmark […] Read more

By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was lower on Thursday morning, due to declines in global crude oil prices, while a slight drop in the United States dollar tempered further losses. As of 8:38 am CDT, the loonie was at US$0.7420 or C$1.3478, compared to Wednesday’s close of US$0.7438 or US$1=C$1.3445. […] Read more

Compiled by MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar dropped back on Wednesday, due to gains in the United States dollar and declines in crude oil prices. The Canadian dollar closed at US$0.7438 or US$1=C$1.3445, compared to Tuesday’s close of US$0.7470 or US$1=C$1.3387. On the U.S. Dollar Index, the greenback added 0.217 of […] Read more

By MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was stepping back on Wednesday morning, as the United States dollar regained some lost ground and crude oil prices were lower. As of 8:35 am CDT, the loonie was at US$0.7450 or C$1.3428, compared to Tuesday’s close of US$0.7470 or US$1=C$1.3387. On the U.S. Dollar […] Read more