Currency Markets

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

WINNIPEG, June 3 (MarketsFarm) – The Canadian dollar ended the week by approaching closer to the 80 United States cent mark. The loonie closed at US$0.7950 or US$1=C$1.2579, up from US$0.7938 or US$1=C$1.2597 on Thursday. The United States Dollar Index gained 0.33 of a point to 102.16 on Friday after the Bureau of Labour Statistics […] Read more

WINNIPEG – The Canadian dollar rallied once again on Friday as it approaches the 80 United States cent mark. As of 8:42 a.m. CDT, the loonie was at US$0.7960 or US$1=C$1.2563, compared to US$0.7938 or US$1=C$1.2597 on Thursday. The U.S. Dollar Index was up 0.09 of a point to 101.92. U.S. employers added 390,000 jobs […] Read more

WINNIPEG – The Canadian dollar continued to rise on Thursday due to increasing oil prices and a weakening United States dollar. The loonie closed at US$0.7938 or US$1=C$1.2597, up from US$0.7912 or US$1=C$1.2639 on Wednesday. The U.S. Dollar Index eased off 0.73 of a point to 101.73 on Thursday. Crude oil prices made gains on […] Read more

WINNIPEG – The Canadian dollar continues to slowly rise on Thursday. As of 8:45 a.m. CDT, the loonie was at US$0.7919 or US$1=C$1.2628, compared to US$0.7912 or US$1=C$1.2639 on Wednesday. The United States Dollar Index dropped 0.38 of a point to 102.12. Crude oil prices were higher on Thursday, despite pressure from speculation Saudi Arabia […] Read more

WINNIPEG – The Canadian dollar made a slight gain on Wednesday after the Bank of Canada (BoC) announced its latest key interest rate decision on Wednesday. The loonie closed at US$0.7912 or US$1=C$1.2639, up from US$0.7906 or US$1=C$1.2648 on Tuesday. Canada’s central bank became more hawkish, announcing that its key lending rate will be raised […] Read more

WINNIPEG – The Canadian dollar opened the month of June on the rise hours before the Bank of Canada (BoC) announces its latest key lending rate decision. As of 8:40 a.m. CDT, the loonie was at US$0.7921 or US$1=C$1.2625, compared to US$0.7906 or US$1=C$1.2648 on Tuesday. Canada’s central bank is expected to announce on Wednesday […] Read more

WINNIPEG – For the first time since April 21, the Canadian dollar closed above 79 United States cents. The loonie closed at US$0.7906 or US$1=C$1.2648 on Tuesday, up from US$0.7898 or US$1=C$1.2662 on Monday. Statistics Canada reported on Monday that the country’s economy grew by 3.1 per cent in the first quarter, below expectations. The […] Read more

WINNIPEG – The Canadian dollar exceeded the 79 United States cent mark amid rising oil prices and the release of economic data from Statistics Canada. As of 9:12 a.m. CDT, the loonie was at US$0.7908 or US$1=C$1.2645, compared to US$0.7898 or US$1=C$1.2662 on Monday. Canada’s central data agency reported that the country’s economy expanded by […] Read more