Currency Markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar was down a pinch on Tuesday, after the markets were closed on Monday. The loonie closed at US$0.7847 or US$1=C$1.2743, compared to Friday’s close of US$0.7853 or US$1=C$1.2734. The global economy initially shuddered after Russian President Vladimir Putin ordered troops into the […] Read more

By MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar was holding near unchanged Tuesday morning, as the mounting tensions between Russia and Ukraine kept world markets on edge. At 8:55 a.m. CST Tuesday morning the Canadian dollar was at US$0.7857 or US$1=C$1.2728, which compares with Friday’s close of US$0.7853 or US$1=C$1.2734. Markets were closed […] Read more

WINNIPEG – The Canadian dollar ended the week on a down note after the release of underwhelming retail data from Statistics Canada. The loonie was at US$0.7853 or US$1=C$1.2734 on Friday, down from Thursday’s close of US$0.7877 or US$1=C$1.2695. Canada’s central data agency reported on Friday that retail sales dropped by 1.8 per cent last […] Read more

By MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The Canadian dollar was slightly weaker Friday morning, as losses in crude oil weighed on the energy-linked currency. At 8:35 a.m. CST Friday morning the Canadian dollar was at US$0.7862 or US$1=C$1.2719, which compares with Thursday’s close of US$0.7877 or US$1=C$1.2695. Canadian retail sales were down by 1.8 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 17 (MarketsFarm) – The Canadian dollar was a pinch lower on Thursday, due to added strength in the United States dollar. Further declines in the Canadian dollar were stymied by the threat of war between Russia and Ukraine. The loonie closed at US$0.7877 or US$1=C$1.2695, compared to Wednesday’s […] Read more

By MarketsFarm WINNIPEG, Feb. 17 (MarketsFarm) – The Canadian dollar was slightly weaker Thursday morning, pressured by declines in crude oil as world markets continued to react to conflicting reports on the ongoing tensions between Russia and Ukraine. At 8:43 a.m. CST Thursday morning the Canadian dollar was at US$0.7872 or US$1=C$1.2703, which compares with […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, as the United States dollar edged back and as the Bank of Canada hinted at raising its key interest rates. The loonie closed at US$0.7883 or US$1=C$1.2686, compared to Tuesday’s close of US$0.7849 or US$1=C$1.2741. On the U.S. […] Read more

By MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as currency traders continued to weigh the conflicting reports coming out of Russia and Ukraine. At 8:48 a.m. CST Wednesday morning the Canadian dollar was at US$0.7885 or US$1=C$1.2682, which compares with Tuesday’s close of US$0.7849 or US$1=C$1.2741. The minutes of […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday, as a decline in the United States dollar helped to neutralize pressure from weaker crude oil prices. The loonie closed at US$0.7849 or US$1=C$1.2741, compared to Monday’s close of US$0.7851 or US$1=C$1.2738. On the U.S. Dollar Index, […] Read more

By MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – The Canadian dollar was showing some firmness Tuesday morning amid easing tensions between Russia and Ukraine. While the situation is still uncertain, reports that some Russian military units were backing away from the Ukrainian border were enough to bring some risk appetite back to the global financial markets. […] Read more