Currency Markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The Canadian dollar tumbled on Friday as the United States dollar surged upward and crude oil prices slid further. However, improvements to Canada’s rate of unemployment helped to temper further declines. The loonie closed at US$0.7827 or US$1=C$1.2777, compared to Thursday’s close of US$0.7909 or […] Read more

By MarketsFarm WINNIPEG, June 10 (MarketsFarm) The Canadian dollar was weaker Friday morning, seeing a continuation of Thursday’s sharp drop relative to its United States counterpart as U.S. inflation hit its highest level in over 40 years. At 8:42 a.m. CDT Friday morning the Canadian dollar was at US$0.7824 or C$1.2781 which compares with Thursday’s […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The Canadian dollar retreated on Thursday, marking the biggest one-day loss in 10 months. A surge in the United States dollar and weaker crude oil prices end the loonie’s steady climb. The loonie closed at US$0.7909 or US$1=C$1.2644, compared to Wednesday’s close of US$0.7974 or […] Read more

By MarketsFarm WINNIPEG, June 9 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning, as losses in crude oil and world equity markets helped take the currency off its recently hit seven-week highs. At 8:46 a.m. CDT Thursday morning the Canadian dollar was at US$0.7947 or C$1.2583 which compares with Wednesday’s North American close of […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The Canadian dollar nudged up a little high for the third consecutive day on Wednesday, spurred on by rising crude oil prices, but tempered by a stronger United States dollar. The loonie closed at US$0.7974 or US$1=C$1.2540, compared to Tuesday’s close of US$0.7965 or US$1=C$1.2555. […] Read more

By MarketsFarm WINNIPEG, June 8 (MarketsFarm) The Canadian dollar was slightly firmer Wednesday morning, holding relatively rangebound after posting solid gains relative to its United States counterpart over the past week. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Tuesday’s North American close of US$0.7965 or […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The Canadian dollar nudged a little higher on Tuesday, benefitting from a weaker United States dollar and stronger crude oil prices. The loonie closed at US$0.7965 or US$1=C$1.2555, compared to Monday’s close of US$0.7959 or US$1=C$1.2564. On the U.S. Dollar Index, the greenback gave up […] Read more

By MarketsFarm WINNIPEG, June 7 (MarketsFarm) The Canadian dollar was softer Tuesday morning, reacting to updated trade data. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Monday’s North American close of US$0.7959 or C$1.2564. Canada’s trade surplus narrowed to C$1.5 billion in April, from a revised […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – The Canadian dollar edged a little higher on Monday, despite a rise in the United States dollar and losses in crude oil prices. The loonie closed at US$0.7959 or US$1=C$1.2564, compared to Friday’s close of US$0.7950 or US$1=C$1.2579. On the U.S. Dollar Index, the greenback […] Read more

By MarketsFarm WINNIPEG, June 6 (MarketsFarm) The Canadian dollar was firmer Monday morning, with strength in crude oil and world equities providing some support. At 8:58 a.m. CDT Monday morning the Canadian dollar was at US$0.7968 or C$1.2550 which compares with Friday’s North American close of US$0.7950 or C$1.2579. A move by Saudi Arabia to […] Read more