Currency Markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The Canadian dollar nudged up a little high for the third consecutive day on Wednesday, spurred on by rising crude oil prices, but tempered by a stronger United States dollar. The loonie closed at US$0.7974 or US$1=C$1.2540, compared to Tuesday’s close of US$0.7965 or US$1=C$1.2555. […] Read more

By MarketsFarm WINNIPEG, June 8 (MarketsFarm) The Canadian dollar was slightly firmer Wednesday morning, holding relatively rangebound after posting solid gains relative to its United States counterpart over the past week. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Tuesday’s North American close of US$0.7965 or […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The Canadian dollar nudged a little higher on Tuesday, benefitting from a weaker United States dollar and stronger crude oil prices. The loonie closed at US$0.7965 or US$1=C$1.2555, compared to Monday’s close of US$0.7959 or US$1=C$1.2564. On the U.S. Dollar Index, the greenback gave up […] Read more

By MarketsFarm WINNIPEG, June 7 (MarketsFarm) The Canadian dollar was softer Tuesday morning, reacting to updated trade data. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Monday’s North American close of US$0.7959 or C$1.2564. Canada’s trade surplus narrowed to C$1.5 billion in April, from a revised […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – The Canadian dollar edged a little higher on Monday, despite a rise in the United States dollar and losses in crude oil prices. The loonie closed at US$0.7959 or US$1=C$1.2564, compared to Friday’s close of US$0.7950 or US$1=C$1.2579. On the U.S. Dollar Index, the greenback […] Read more

By MarketsFarm WINNIPEG, June 6 (MarketsFarm) The Canadian dollar was firmer Monday morning, with strength in crude oil and world equities providing some support. At 8:58 a.m. CDT Monday morning the Canadian dollar was at US$0.7968 or C$1.2550 which compares with Friday’s North American close of US$0.7950 or C$1.2579. A move by Saudi Arabia to […] Read more

WINNIPEG, June 3 (MarketsFarm) – The Canadian dollar ended the week by approaching closer to the 80 United States cent mark. The loonie closed at US$0.7950 or US$1=C$1.2579, up from US$0.7938 or US$1=C$1.2597 on Thursday. The United States Dollar Index gained 0.33 of a point to 102.16 on Friday after the Bureau of Labour Statistics […] Read more

WINNIPEG – The Canadian dollar rallied once again on Friday as it approaches the 80 United States cent mark. As of 8:42 a.m. CDT, the loonie was at US$0.7960 or US$1=C$1.2563, compared to US$0.7938 or US$1=C$1.2597 on Thursday. The U.S. Dollar Index was up 0.09 of a point to 101.92. U.S. employers added 390,000 jobs […] Read more

WINNIPEG – The Canadian dollar continued to rise on Thursday due to increasing oil prices and a weakening United States dollar. The loonie closed at US$0.7938 or US$1=C$1.2597, up from US$0.7912 or US$1=C$1.2639 on Wednesday. The U.S. Dollar Index eased off 0.73 of a point to 101.73 on Thursday. Crude oil prices made gains on […] Read more

WINNIPEG – The Canadian dollar continues to slowly rise on Thursday. As of 8:45 a.m. CDT, the loonie was at US$0.7919 or US$1=C$1.2628, compared to US$0.7912 or US$1=C$1.2639 on Wednesday. The United States Dollar Index dropped 0.38 of a point to 102.12. Crude oil prices were higher on Thursday, despite pressure from speculation Saudi Arabia […] Read more