Currency Markets

WINNIPEG – The Canadian dollar made another move downward on Thursday. The loonie closed at US$0.7441 or US$1=C$1.3439, down from US$0.7457 or US$1=C$1.3411 on Wednesday. The U.S. Dollar Index gained 0.11 of a point at 104.03. Crude oil prices continued to drift lower. Brent crude oil was down US$0.61 per barrel to US$84.77. West Texas […] Read more

WINNIPEG – The Canadian dollar continued its retreat on Thursday morning. The loonie was at US$0.7441 or US$1=C$1.3439, down from US$0.7457 or US$1=C$1.3411 at Wednesday’s close. Meanwhile, the United States Dollar Index gained 0.11 of a point at 104.04. Crude oil struggled to find direction as traders assessed larger U.S. stockpiles and Chinese demand. Brent […] Read more

Compiled by MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – The Canadian dollar lost more than a third of a cent on Wednesday due to strong upticks in the United States dollar, a lackluster home sales report, and an absence of support from crude oil. The dollar closed at US$0.7456 or US$1=C$1.3411, compared to Tuesday’s close of […] Read more

WINNIPEG – The Canadian dollar was in retreat on Wednesday morning. The loonie was at US$0.7450 or US$1=C$1.3423, down from US$0.7493 or US$1=C$1.3345 at Tuesday’s close. The Canadian Real Estate Association (CREA) announced today that January home sales were down three per cent from the previous month and down 37.1 per cent from January 2022, […] Read more

WINNIPEG – The Canadian dollar was relatively steady on Tuesday, still short of the 75 United States cent mark. The loonie closed at US$0.7493 or US$1=C$1.3345, down from US$0.7495 or US$1=C$1.3343 on Monday. The U.S. Dollar Index lost 0.11 of a point at 103.24. Crude oil prices were lower after the U.S. released some of […] Read more

WINNIPEG – The Canadian dollar took a step back on Tuesday morning. The loonie was at US$0.7475 or US$1=C$1.3378, down from US$0.7495 or US$1=C$1.3343 at Monday’s close. The United States Dollar Index was down 0.07 of a point at 103.27. The U.S. Bureau of Labor Statistics reported today that the annual inflation rate declined by […] Read more

WINNIPEG – The Canadian dollar inched closer to the 75 United States cent mark on Monday. The loonie closed at US$0.7495 or US$1=C$1.3343, up from US$0.7484 or US$1=C$1.3362 on Friday. The U.S. Dollar Index lost 0.35 of a point at 103.28. Crude oil prices were lower as loadings at the Turkish port of Ceyhan resumed […] Read more

WINNIPEG – The Canadian dollar was virtually unchanged on Monday morning. The loonie was at US$0.7487 or US$1=C$1.3356, up from US$0.7484 or US$1=C$1.3362 at Friday’s close. The United States Dollar Index was down 0.01 of a point at 103.63. Crude oil declined on Monday morning after tanker loadings resumed at the Ceyhan terminal in Turkey, […] Read more

Compiled by MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar was up Friday by more than a third of a cent due to a strong jobs report and strength in crude oil prices. An increase in the United States dollar tempered the upswing in the loonie The dollar closed at US$0.7484 or US$1=C$1.3362, compared […] Read more

WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar was higher on Friday morning, benefitting from a strong jobs report and upticks in crude oil. As of 8:43 am CST, the loonie was at US$0.7483 or C$1.3361, compared to Thursday’s close of US$0.7448 or US$1=C$1.3427. On the U.S. Dollar Index, the greenback tacked on 0.124 of […] Read more