Currency Markets

WINNIPEG – The Canadian dollar made a slight gain on Wednesday towards the 80 United States cent mark. The loonie closed at US$0.7955 or US$1=C$1.2571, up from Tuesday’s close of US$0.7944 or US$1=C$1.2588. The United States Dollar Index was up 0.13 of a point to 98.62. Crude oil prices continued to rise due to the […] Read more

WINNIPEG – The Canadian dollar stayed mostly steady on Wednesday as it approaches the 80 United States cent mark. As of 8:42 a.m. CDT, the loonie was at US$0.7943 or US$1=C$1.2590, compared to US$0.7944 or US$1=C$1.2588 on Tuesday. The U.S. Dollar Index was up 0.32 of a point at 98.82. Benchmark crude oil prices were […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday, managing to fend a decline in crude oil prices. The loonie closed at US$0.7944 or US$1=C$1.2588, compared to Monday’s close of US$0.7941 or US$1=C$1.2593. Prime Minister Justin Trudeau shored up the governing Liberals’ hold on federal power […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 21 (MarketsFarm) – The Canadian dollar closed higher on Monday, due to rising crude oil prices and despite a stronger United States dollar. The loonie closed at US$0.7941 or US$1=C$1.2593, compared to Friday’s close of US$0.7926 or US$1=C$1.2617. On the U.S. Dollar Index, the greenback was up 0.293 […] Read more

By MarketsFarm WINNIPEG, March 21 (MarketsFarm) – The Canadian dollar was stronger Monday morning as advances in crude oil underpinned the energy-linked currency. At 8:45 a.m. CDT Monday morning the Canadian dollar was at US$0.7937 or US$1=C$1.2599, which compares with Friday’s close of US$0.7926 or US$1=C$1.2617. Reports that the European Union was considering placing a […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 18 (MarketsFarm) – The Canadian dollar was slightly higher on Friday morning, as crude was shifting upward and despite a stronger United States dollar. As of 8:37 am CDT, the Canadian dollar was at US$0.7919 or C$1.2628, compared to Thursday’s close of US$0.7905 or C$1.2651. On the U.S. […] Read more

By MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as sharp gains in crude oil and world equities provided support and investors showed a renewed appetite for riskier assets. The Canadian dollar closed at US$0.7905 or US$1=C$1.2651 on Thursday, which compares with Wednesday’s North American close of US$0.7861 or US$1=C$1.2721. […] Read more

WINNIPEG – The Canadian dollar is coming very close to reaching 79 United States cents on Thursday. As of 8:42 a.m. CDT, the loonie was at US$0.7896 or US$1=C$1.2665, compared to US$0.7861 or US$1=C$1.2721 on Wednesday. The U.S. Dollar Index was down 0.33 of a point at 98.29. Benchmark crude oil prices were back on […] Read more

By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, as the country’s annual rate of inflation hit its highest level in more than 30 years. The Canadian dollar closed at US$0.7861 or US$1=C$1.2721 on Wednesday, which compares with Tuesday’s North American close of US$0.7811 or US$1=C$1.2803. Canada’s annual rate of […] Read more

By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as the country’s rate of inflation hit its highest level in over three decades. At 9:24 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7869 or US$1=C$1.2708, which compares with Tuesday’s close of US$0.7811 or US$1=C$1.2803. Canada’s annual rate of […] Read more