Currency Markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The Canadian dollar stepped back a little more than two-tenths of a cent on Monday, as its United States counterpart strengthened. The decline was tempered by upticks in global crude oil prices. The loonie closed at US$0.7851 or US$1=C$1.2738, compared to Friday’s close of US$0.7873 […] Read more

By MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The Canadian dollar was weaker Monday morning, with the ongoing tensions between Russia and Ukraine at the forefront of the currency markets amid talk that a Russian invasion could be imminent. At 8:54 a.m. CST Monday morning the Canadian dollar was at US$0.7845 or US$1=C$1.2747, which compares with […] Read more

WINNIPEG – The Canadian dollar slipped on Friday despite a spike in crude oil prices after the United States asserted that a Russian invasion of Ukraine will be coming soon. The loonie was at US$0.7873 or US$1=C$1.2702 on Friday, down from Thursday’s close of US$0.7885 or US$1=C$1.2682. Canadian Prime Minister Justin Trudeau said in a […] Read more

WINNIPEG – The Canadian dollar declined as the weekend approaches. As of 8:34 a.m. CST, the loonie was at US$0.7870 or US$1=C$1.2706, compared to US$0.7885 or US$1=C$1.2682 on Thursday. The United States Dollar Index was up 0.23 of a point at 95.78. Crude oil prices continued to rise on Friday due to tightening supply. Brent […] Read more

WINNIPEG – The Canadian dollar was flat on Thursday as inflation once again grew in the United States. The loonie was at US$0.7885 or US$1=C$1.2682 on Thursday, down from Wednesday’s close of US$0.7886 or US$1=C$1.2680. The U.S. Dollar Index was up 0.19 of a point to 95.68. The U.S. Labor Department reported on Thursday inflation […] Read more

WINNIPEG – The Canadian dollar saw a small decline on Thursday while inflation in the United States reached another 40-year high. As of 8:45 a.m. CST, the loonie was at US$0.7880 or US$1=C$1.2690, compared to US$0.7886 or US$1=C$1.2680 on Wednesday. The United States Dollar Index was up 0.39 of a point at 95.89. The U.S. […] Read more

WINNIPEG – The Canadian dollar moved upward on Wednesday as Statistics Canada released its 2021 Census. The loonie was at US$0.7886 or US$1=C$1.2680 on Wednesday, up from Tuesday’s close of US$0.7868 or US$1=C$1.2709. Statistics Canada reported on Wednesday that the country’s population grew 5.2 per cent, the highest rate in the G7, to 36.9 million. […] Read more

WINNIPEG – The Canadian dollar bumped up on Wednesday after Statistics Canada (StatCan) released its quinquennial national Census. As of 8:48 a.m. CST, the loonie was at US$0.7882 or US$1=C$1.2687, compared to US$0.7868 or US$1=C$1.2709 on Tuesday. The 2021 Census reported that Canada’s population 5.2 per cent over a five-year period to 36.9 million, the […] Read more

WINNIPEG – The Canadian dollar slipped on Tuesday amid mixed economic news. The loonie was at US$0.7868 or US$1=C$1.2709 on Tuesday, down from Monday’s close of US$0.7881 or US$1=C$1.2688. Statistics Canada reported on Tuesday that the country posted a merchandise trade deficit of C$137 million last December, ending a streak of six consecutive monthly surpluses. […] Read more

WINNIPEG – The Canadian dollar slightly declined on Tuesday while crude oil prices continued to ease. As of 8:41 a.m. CST, the loonie was at US$0.7874 or US$1=C$1.2700, compared to US$0.7881 or US$1=C$1.2688 on Monday. The United States Dollar Index was up 0.20 of a point at 95.60. Crude oil prices were down on Tuesday […] Read more