Currency Markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – The Canadian dollar was a pinch lower on Monday morning, as crude oil prices were down. However any further weakening of the loonie was tempered by the United States dollar shedding some of its strength. As of 8:35 am CDT, the Canadian dollar was at […] Read more

WINNIPEG – The Canadian dollar was lower on Monday despite higher crude oil prices. The loonie closed at US$0.7687 or US$1=C$1.3009, down from US$0.7699 or US$1=C$1.2989 on Friday. The United States Dollar Index was virtually unchanged, nudging up 0.01 of a point to 108.81. Crude oil prices made gains on Monday due to fears of […] Read more

WINNIPEG – The Canadian dollar was slightly lower on Monday. As of 9:40 a.m. CDT, the loonie was at US$0.7688 or US$1=C$1.3007, compared to US$0.7699 or US$1=C$1.2989 on Friday. The United States Dollar Index lost 0.26 of a point at 108.54. Worldwide supply concerns caused crude oil prices to jump on Monday. Brent crude oil […] Read more

WINNIPEG – The Canadian dollar ended the week lower on Friday after an announcement by United States Federal Reserve chair Jerome Powell. The loonie closed at US$0.7699 or US$1=C$1.2988, down from US$0.7730 or US$1=C$1.2937 on Thursday. At the Kansas City Fed’s annual policy forum in Jackson Hole, Wy., Powell announced the central bank’s intentions to […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar was a pinch higher on Friday morning, as the United States dollar pulled back. As of 8:43 am CDT, the loonie was at US$0.7738 or C$1.2928, compared to Thursday’s close of US$0.7730 or C$1.2937. On the U.S. Dollar Index, the greenback gave […] Read more

WINNIPEG – The Canadian dollar stepped up on Thursday despite declining crude oil prices. The loonie closed at US$0.7730 or US$1=C$1.2937, up from US$0.7702 or US$1=C$1.2983 on Wednesday. Statistics Canada reported on Thursday that job vacancies increased month-by-month by 3.2 per cent in June, hitting an all-time high of 1.038 million. The United States Dollar […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar was on the rise Thursday morning, as the United States dollar budged lower and global crude oil inched upward. As of 8:34 am CDT, the loonie was at US$0.7720 or C$1.2955, compared to Wednesday’s close of US$0.7702 or C$1.2983. On the U.S. […] Read more

WINNIPEG – The Canadian dollar took a slight step down on Wednesday despite rising crude oil prices. The loonie closed at US$0.7702 or US$1=C$1.2983, down from US$0.7709 or US$1=C$1.2972 on Tuesday. The United States Dollar Index was relatively steady, losing only 0.02 of a point to 108.61. Crude oil prices continued to rally as the […] Read more

WINNIPEG – The Canadian dollar rose above the 77 United States cent mark on Tuesday due to a weakening of the U.S. greenback and the potential for crude oil production cuts. The loonie closed at US$0.7709 or US$1=C$1.2972, up from US$0.7672 or US$1=C$1.3035 on Monday. The U.S. Dollar Index lost 0.5 of a point to […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning, as increases in crude oil countered a still relatively strong United States dollar. As of 8:36 am CDT, the loonie was at US$0.7684 or C$1.3007, compared to Monday’s close of US$0.7672 or C$1.3035. On the U.S. Dollar […] Read more