Currency Markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The Canadian dollar was a relatively steady on Friday morning, as the United States dollar gain some strength, but that was tempered by higher crude oil prices. Also, Statistics Canada reported on Friday that the country’s economy was flat in May and that its projection […] Read more

WINNIPEG – The Canadian dollar rebounded on Thursday as the United States dollar weakened after a report on that country’s economy. The loonie rose to its highest level since June 10, closing at US$0.7791 or US$1=C$1.2835, up from US$0.7769 or US$1=C$1.2872 on Wednesday. The U.S. Dollar Index eased off 0.22 of a point to 106.23. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The day after the United States Federal Reserve announced a 75-basis point hike in its key interest rate, the Department of Commerce said on Thursday the country’s gross domestic product […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 28 (MarketsFarm) – The Canadian dollar was stronger on Thursday morning, benefitting from a slight weakness in the United States dollar and good upticks in crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7796 or C$1.2822, compared to Wednesday’s close of US$0.7769 or […] Read more

WINNIPEG – The Canadian dollar was on the positive side of unchanged on Wednesday after the United States Federal Reserve announced another key interest rate hike. The loonie closed at US$0.7769 or US$1=C$1.2872, up from US$0.7762 or US$1=C$1.2883 on Tuesday. The Fed announced it raised its key interest rate by 75 basis points for the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday morning, due to little movement in the United States dollar and in global crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7768 or C$1.2870, compared to Tuesday’s close of US$0.7762 or C$1.2883. […] Read more

WINNIPEG – The Canadian dollar fell on Tuesday as the United States dollar received a boost ahead of a major announcement by the U.S. Federal Reserve tomorrow. The loonie closed at US$0.7762 or US$1=C$1.2883, down from US$0.7781 or US$1=C$1.2852 on Monday. The Fed will announce its latest key interest rate hike on Wednesday. In anticipation, […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The Canadian dollar nudged lower on Tuesday morning, giving up most of the gains it made yesterday. As of 8:35 am CDT, the Canadian dollar was at US$0.7766 or C$1.2878, compared to Monday’s close of US$0.7781 or C$1.2852. On the United States Dollar Index, the […] Read more

WINNIPEG – The Canadian dollar was higher at Monday’s close to start the week. The loonie closed at US$0.7781 or US$1=C$1.2852, up from US$0.7766 or US$1=C$1.2876 on Thursday. The United States Dollar Index was down 0.30 of a point to 106.44. Crude oil prices were somewhat higher on Monday with tightening supply outweighing recession fears. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning, the United States dollar eased back and global crude oil prices made gains. As of 8:37 am CDT, the Canadian dollar was at US$0.7772 or C$1.2865, compared to Friday’s close of US$0.7766 or C$1.2876. On the […] Read more