Currency Markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar eased back on Friday, as pressure from a stronger United States and support from higher crude oil prices almost balanced each other. The loonie closed at US$0.7795 or US$1=C$1.2829, compared to Thursday’s close of US$0.7807 or US$1=C$1.2809. On the U.S. Dollar Index, […] Read more

By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar was holding steady Friday morning, lacking any clear direction as investors adjusted positions ahead of the weekend. At 8:43 a.m. CDT Friday morning the Canadian dollar was at US$0.7815 or US$1=C$1.2796, which compares with Thursday’s close of US$0.7807 or US$1=C$1.2809. A move by China to […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday, amid a downturn in the markets. The loonie closed at US$0.7788 or US$1=C$1.2841, compared to Tuesday’s close of US$0.7792 or US$1=C$1.2834. On the United States Dollar Index, the greenback rose 0.528 of a point at 103.935. Benchmark […] Read more

By MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar was holding firm Wednesday morning, finding support from gains in crude oil. At 8:50 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7793 or US$1=C$1.2832, which compares with Tuesday’s close of US$0.7792 or US$1=C$1.2834. Canada’s consumer price index was up by 6.8 per cent […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar was higher on Tuesday, due to a sharp drop in its United States counterpart and despite weaker oil prices. The loonie closed at US$0.7792 or US$1=C$1.2834, compared to Monday’s close of US$0.7759 or US$1=C$1.2888. On the United States Dollar Index, the greenback […] Read more

By MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, as firmness in crude oil and gains in world equity markets provided support. At 8:47 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7784 or US$1=C$1.2847, which compares with Monday’s close of US$0.7759 or US$1=C$1.2888. Foreign investors acquired C$46.9 billion […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 16 (MarketsFarm) – The Canadian dollar was higher on Monday, due to good economic news, a lower United States dollar, and stronger crude oil prices. The loonie closed at US$0.7759 or US$1=C$1.2888, compared to Friday’s close of US$0.7720 or US$1=C$1.2953. This comes after Statistics Canada reported that manufacturing […] Read more

By MarketsFarm WINNIPEG, May 16 (MarketsFarm) – The Canadian dollar was holding relatively steady Monday morning, slightly firmer compared to Friday’s close but down from levels seen in overnight trade. At 8:48 a.m. CDT Monday morning the Canadian dollar was at US$0.7737 or US$1=C$1.2925, which compares with Friday’s close of US$0.7720 or US$1=C$1.2953. Canadian manufacturing […] Read more

By MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The Canadian dollar was stronger on Friday, recovering from the 18-month lows hit the previous session as gains in crude oil underpinned the energy-linked currency. The Canadian dollar closed at US$0.7720 or US$1=C$1.2953 on Friday, which compares with Thursday’s North American close of US$0.7669 or US$1=C$1.3039. Ideas that […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The Canadian dollar was higher Friday morning, benefitting from increases in global crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7692 or C$1.2988, compared to Thursday’s close of US$0.7669 or C$1.3039. On the U.S. Dollar Index, the greenback remained at […] Read more