Currency Markets

WINNIPEG – The Canadian dollar declined on Thursday as crude oil prices also dropped. The loonie closed at US$0.7703 or US$1=C$1.2982, down from US$0.7727 or US$1=C$1.2942 on Wednesday. The United States Dollar Index gained 0.19 of a point to 104.38 on Thursday. Crude oil prices were lower on Thursday after U.S. Energy Secretary Jennifer Granholm […] Read more

WINNIPEG – The Canadian dollar was a little bit lower on Thursday. As of 8:39 a.m. CDT, the loonie was at US$0.7717 or US$1=C$1.2958, compared to US$0.7727 or US$1=C$1.2942 on Wednesday. Statistics Canada reported on Wednesday that inflation rose in May to its highest level since 1983 at 7.7 per cent, exceeding economists’ average estimate […] Read more

WINNIPEG – The Canadian dollar eased off on Wednesday as a new report from Statistics Canada showed another rise in inflation. As of 3:40 p.m. CDT, the loonie was at US$0.7725 or US$1=C$1.2945, down from US$0.7735 or US$1=C$1.2929 on Tuesday. The Bank of Canada did not settle its Canadian/United States dollar exchange rate at press […] Read more

WINNIPEG – The Canadian dollar eased off on Wednesday after the release of a report from Statistics Canada. As of 8:42 a.m. CDT, the loonie was at US$0.7718 or US$1=C$1.2957, compared to US$0.7735 or US$1=C$1.2929 on Tuesday. The central data agency reported on Wednesday that inflation rose in May to its highest level since 1983 […] Read more

WINNIPEG – The Canadian dollar exceeded the 77 United States cent mark on Tuesday, despite mixed news from Statistics Canada. The loonie closed at US$0.7735 or US$1=C$1.2929, up from US$0.7696 or US$1=C$1.2994 on Monday. Statistics Canada reported on Tuesday that retail sales for the month of April increased 0.9 per cent and preliminary figures show […] Read more

WINNIPEG – The Canadian dollar continued its bounce back, exceeding the 77 United States cents mark on Tuesday. As of 8:50 a.m. CDT, the loonie was at US$0.7728 or US$1=C$1.2940, compared to US$0.7696 or US$1=C$1.2994 on Monday. Statistics Canada reported on Tuesday that retail sales increased by 0.9 per cent in April with a preliminary […] Read more

WINNIPEG – The Canadian dollar approached the 77 United States cent mark on Monday. The loonie closed at US$0.7696 or US$1=C$1.2994, up from US$0.7672 or US$1=C$1.3035 on Friday. The U.S. Dollar Index lost 0.25 of a point to 104.45 on Monday. Crude oil prices were a little bit higher to start the week as traders […] Read more

WINNIPEG – The Canadian dollar made a slight gain on Monday to start the week. As of 8:39 a.m. CDT, the loonie was at US$0.7690 or US$1=C$1.3004, compared to US$0.7672 or US$1=C$1.23035 on Friday. The United States Dollar Index was down 0.25 of a point at 104.46. U.S. stock and bond markets are closed today […] Read more

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its lowest levels in 19 months relative to its United States counterpart as losses in crude oil weighed on the energy-linked currency. The Canadian dollar closed at US$0.7672 or US$1=C$1.3035 on Friday, which compares with Thursday’s North American close of […] Read more

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) The Canadian dollar was weaker Friday morning, dipping below 77 U.S. cents as mounting concerns over a global recession weighed on riskier assets. At 8:38 a.m. CDT Friday morning the Canadian dollar was at US$0.7670 or C$1.3038 which compares with Thursday’s North American close of US$0.7735 or C$1.2928. Canada’s […] Read more