Currency Markets

WINNIPEG – The Canadian dollar surged above the 75 United States cent mark to start the week. As of 8:35 a.m. CST, the loonie was at US$0.7531 or US$1=C$1.3278, compared to US$0.7475 or US$1=C$1.3378 on Thursday. The Bank of Canada (BoC) did not post an exchange rate on Friday due to Remembrance Day. The United […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar turned around on Thursday to push higher as its United States counterpart fell sharply. The loonie closed at US$0.7475 or US$1=C$1.3378, compared to Wednesday’s close of US$0.7418 or US$1=C$1.3480. On the U.S. Dollar Index, the greenback plummeted 2.580 points at 107.875. The […] Read more

By MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar was showing some strength Thursday morning, underpinned by lower-than-expected inflation data out of the United States. At 8:37 a.m. CST Thursday morning the Canadian dollar was at US$0.7460 or US$1=C$1.3405, which compares with Wednesday’s close of US$0.7418 or US$1=C$1.3480. The U.S. consumer price index was […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar stepped back on Wednesday as the United States dollar pushed higher due to uncertainty over the country’s midterm elections. The loonie closed at US$0.7418 or US$1=C$1.3480, compared to Tuesday’s close of US$0.7440 or US$1=C$1.3441. On the U.S. Dollar Index the greenback advanced […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning, due to pressure from a stronger United States dollar and lower crude oil prices. As of 8:37 am CST, the Canadian dollar was at US$0.7423 or C$1.3470, compared to Tuesday’s close of US$0.7440 or C$1.3441. On the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar tacked on nearly three-tenths of a United States cent on Tuesday, largely due to weakness in the U.S. dollar. The loonie closed at US$0.7440 or US$1=C$1.3441, compared to Monday’s close of US$0.7411 or US$1=C$1.3493. As voting in the mid-term elections carried on […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning, balanced off between upticks in the United States dollar and declines in crude oil. As of 8:34 am CST, the Canadian dollar was at US$0.7413 or C$1.3490, compared to Monday’s close of US$0.7411 or C$1.3493. On […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning, as support from a weaker United States dollar outweighed pressure from lower crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7415 or C$1.3486, compared to Friday’s close of US$0.7398 or C$1.3517. […] Read more

By MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was sharply stronger on Friday, as a rally in crude oil and solid jobs data provided support. The Canadian dollar settled at US$0.7398 or US$1=C$1.3517 on Friday, which compares with Thursday’s close of US$0.7273 or US$1=C$1.3749. Canada’s economy added 108,000 jobs in October, with the […] Read more

By MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was sharply stronger Friday morning, boosted by solid domestic jobs data and a rally in crude oil. At 8:41 a.m. CDT Friday morning the Canadian dollar was at US$0.7390 or US$1=C$1.3532, which compares with Thursday’s close of US$0.7273 or US$1=C$1.3749. Canada’s economy added 108,000 jobs […] Read more