Currency Markets

By MarketsFarm   WINNIPEG, Feb. 27 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning, seeing a modest correction to start the week. At 8:34 a.m. CST Monday morning the Canadian dollar was at US$0.7365 or US$1=C$1.3578, which compares with Friday’s close of US$0.7341 or US$1=C$1.3622. Canada’s current account deficit increased by C$2.2 billion […] Read more

Compiled by MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) – The Canadian dollar lost four-tenths of a cent on Friday, due to a stronger United States dollar. Meanwhile higher crude oil prices fended off more significant declines. The dollar closed at US$0.7341 or US$1=C$1.3622, compared to Thursday’s close of US$0.7381 or US$1=C$1.3549. On the U.S. Dollar Index, […] Read more

    By MarketsFarm   WINNIPEG, Feb. 24 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as expectations for continued rate hikes in the United States gave the U.S. dollar a boost internationally. At 9:00 a.m. CST Friday morning the Canadian dollar was at US$0.7327 or US$1=C$1.3648, which compares with Thursday’s close of US$0.7381 […] Read more

WINNIPEG – The Canadian dollar was relatively steady on Thursday, with little movement in the United States dollar and upticks in crude oil prices. The dollar closed at US$0.7381 or US$1=C$1.3549, compared to Wednesday’s close of US$0.7384 or US$1=C$1.3551. On the U.S. Dollar Index, the greenback tacked on 0.007 of a point at 104.530. Benchmark […] Read more

By MarketsFarm WINNIPEG, Feb. 23 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday morning, getting strength from rising crude oil prices and a strong report from Statistics Canada (StatCan). As of 8:36 am CST, the loonie was at US$0.7390 or C$1.3534, compared to Wednesday’s close of US$0.7384 or US$1=C$1.3542. On the United States […] Read more

Compiled by MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar pulled further below 74 U.S. cents on Wednesday as the United States dollar added strength and global crude oil prices fell back. The dollar closed at US$0.7384 or US$1=C$1.3542, compared to Tuesday’s close of US$0.7399 or US$1=C$1.3516. On the U.S. Dollar Index, the greenback […] Read more

By MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar moved further below 74 U.S. cents on Wednesday morning, as crude oil prices eased back. As of 8:38 am CST, the loonie was at US$0.7388 or C$1.3534, compared to Tuesday’s close of US$0.7399 or US$1=C$1.3516. On the United States Dollar Index, the greenback shed 0.012 […] Read more

Compiled by MarketsFarm WINNIPEG, Feb. 21 (MarketsFarm) – The Canadian dollar closed a smidge under 74 U.S. cents on Tuesday as a stronger United States dollar and declines in global crude oil prices weighed on values. However, the Statistics Canada (StatCan) report on inflation brought a measure of moderation to the loonie. The dollar closed […] Read more

By MarketsFarm WINNIPEG, Feb. 21 (MarketsFarm) – The Canadian dollar was a pinch lower on Tuesday morning as there was little of strength in the United States dollar and mixed signals from crude oil. Trading resumed after holidays in Canada and the U.S on Monday. As of 8:40 am CST, the loonie was at US$0.7407 […] Read more

WINNIPEG – The Canadian dollar ended the week on a low note. The loonie closed at US$0.7415 or US$1=C$1.3487, down from US$0.7441 or US$1=C$1.3439 on Thursday. The United States Dollar Index gained 0.03 of a point at 103.89. Crude oil took a tumble on Friday due to increased U.S. inventories and speculation of continued key […] Read more