Currency Markets

WINNIPEG – The Canadian dollar was slightly lower on Monday. As of 9:40 a.m. CDT, the loonie was at US$0.7688 or US$1=C$1.3007, compared to US$0.7699 or US$1=C$1.2989 on Friday. The United States Dollar Index lost 0.26 of a point at 108.54. Worldwide supply concerns caused crude oil prices to jump on Monday. Brent crude oil […] Read more

WINNIPEG – The Canadian dollar ended the week lower on Friday after an announcement by United States Federal Reserve chair Jerome Powell. The loonie closed at US$0.7699 or US$1=C$1.2988, down from US$0.7730 or US$1=C$1.2937 on Thursday. At the Kansas City Fed’s annual policy forum in Jackson Hole, Wy., Powell announced the central bank’s intentions to […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar was a pinch higher on Friday morning, as the United States dollar pulled back. As of 8:43 am CDT, the loonie was at US$0.7738 or C$1.2928, compared to Thursday’s close of US$0.7730 or C$1.2937. On the U.S. Dollar Index, the greenback gave […] Read more

WINNIPEG – The Canadian dollar stepped up on Thursday despite declining crude oil prices. The loonie closed at US$0.7730 or US$1=C$1.2937, up from US$0.7702 or US$1=C$1.2983 on Wednesday. Statistics Canada reported on Thursday that job vacancies increased month-by-month by 3.2 per cent in June, hitting an all-time high of 1.038 million. The United States Dollar […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar was on the rise Thursday morning, as the United States dollar budged lower and global crude oil inched upward. As of 8:34 am CDT, the loonie was at US$0.7720 or C$1.2955, compared to Wednesday’s close of US$0.7702 or C$1.2983. On the U.S. […] Read more

WINNIPEG – The Canadian dollar took a slight step down on Wednesday despite rising crude oil prices. The loonie closed at US$0.7702 or US$1=C$1.2983, down from US$0.7709 or US$1=C$1.2972 on Tuesday. The United States Dollar Index was relatively steady, losing only 0.02 of a point to 108.61. Crude oil prices continued to rally as the […] Read more

WINNIPEG – The Canadian dollar rose above the 77 United States cent mark on Tuesday due to a weakening of the U.S. greenback and the potential for crude oil production cuts. The loonie closed at US$0.7709 or US$1=C$1.2972, up from US$0.7672 or US$1=C$1.3035 on Monday. The U.S. Dollar Index lost 0.5 of a point to […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning, as increases in crude oil countered a still relatively strong United States dollar. As of 8:36 am CDT, the loonie was at US$0.7684 or C$1.3007, compared to Monday’s close of US$0.7672 or C$1.3035. On the U.S. Dollar […] Read more

WINNIPEG – The Canadian dollar opened the week a little bit lower on Monday due to an easing of crude oil prices. The loonie closed at US$0.7672 or US$1=C$1.3035, down from US$0.7698 or US$1=C$1.2991 on Friday. The U.S. Dollar Index strengthened 0.77 of a point to 108.94. Crude oil prices suffered major losses earlier in […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – The Canadian dollar was slightly lower on Monday morning, as the United States dollar increased in strength and crude oil prices slid downwards. As of 8:36 am CDT, the Canadian dollar was at US$0.7682 or C$1.3021, compared to Friday’s close of US$0.7698 or C$1.2991. On […] Read more