Currency Markets

WINNIPEG – The Canadian dollar hit its highest price in more than a month on Wednesday. The loonie closed at US$0.7366 or US$1=C$1.3576, up from US$0.7339 or US$1=C$1.3626 on Tuesday. The last time the Canadian dollar closed higher was on Feb. 27. The United States Dollar Index added 0.24 of a point at 102.67. Crude […] Read more

By MarketsFarm WINNIPEG, March 29 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning, getting support from modest increases in crude oil prices, despite upticks in the United States dollar. As of 8:36 am CDT, the loonie was at US$0.7354 or C$1.3597, compared to Tuesday’s close of US$0.7339 or US$1=C$1.3626. On the U.S. Dollar […] Read more

WINNIPEG – The Canadian dollar moved up to its highest level since March 6 on Tuesday. The loonie closed at US$0.7339 or US$1=C$1.3626, up from US$0.7309 or US$1=C$1.3682 on Monday. Canadian Finance Minister Chrystia Freeland unveiled the federal budget in the House of Commons earlier today. Some of the major points were: a projected C$40.1 […] Read more

By MarketsFarm WINNIPEG, March 28 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning as its United States counterpart was lower. As of 8:35 am CDT, the loonie was at US$0.7325 or C$1.3651, compared to Monday’s close of US$0.7309 or US$1=C$1.3682. On the U.S. Dollar Index the greenback was down 0.298 of a point […] Read more

WINNIPEG – The Canadian dollar moved back above the 73 United States cent mark on Monday. The loonie closed at US$0.7309 or US$1=C$1.3682, up from US$0.7266 or US$1=C$1.3763 on Friday. Canadian Finance Minister Chrystia Freeland will unveil the federal budget in the House of Commons on Tuesday. The U.S. Dollar Index declined 0.28 of a […] Read more

Compiled by MarketsFarm WINNIPEG, March 27 (MarketsFarm) – The Canadian dollar was higher on Monday morning, on strength in global crude oil prices. As of 8:38 am CDT, the loonie was at US$0.7300 or C$1.3702, compared to Friday’s close of US$0.7266 or US$1=C$1.3763. On the U.S. Dollar Index, the greenback was slightly lower, easing back […] Read more

By MarketsFarm   WINNIPEG, March 24 (MarketsFarm) – The Canadian dollar was weaker on Friday, as losses in crude oil and broad strength in the United States dollar weighed on the currency. The Canadian dollar settled at US$0.7266 or US$1=C$1.3763 on Friday, which compares with Thursday’s close of US$0.7315 or US$1=C$1.3671. Crude oil was pressured […] Read more

By MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as losses in crude oil and general global economic uncertainty weighed on the currency. At 8:37 a.m. CDT Friday morning the Canadian dollar was at US$0.7259 or US$1=C$1.3776, which compares with Thursday’s close of US$0.7315 or US$1=C$1.3671. Mounting concerns in the […] Read more

By MarketsFarm   WINNIPEG, March 23 (MarketsFarm) – The Canadian dollar was stronger relative to its United States counterpart on Thursday, but off its highs for the session as a downturn in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7315 or US$1=C$1.3671 on Thursday, which compares with Wednesday’s close of […] Read more

By MarketsFarm   WINNIPEG, March 23 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, as currency markets continued to digest Wednesday’s interest rate decision from the United States Federal Reserve. At 8:50 a.m. CDT Thursday morning the Canadian dollar was at US$0.7326 or US$1=C$1.3650, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3712. The […] Read more