Currency Markets

WINNIPEG – The Canadian dollar fell back on Friday, hitting its lowest point in five weeks. The loonie was at US$0.7959 or US$1=C$1.2565 on Friday, down from Wednesday’s close of US$0.8031 or US$1=C$1.2452. The Bank of Canada did not post exchange rates on Thursday due to Remembrance Day. The U.S. Dollar Index dipped 0.07 of […] Read more

WINNIPEG – The Canadian dollar has slipped below the 80-cent United States mark on Friday morning. As of 8:59 a.m. CST, the loonie was at US$0.7946 or US$1=C$1.2585, compared to Wednesday’s close of US$0.8031 or US$1=C$1.2452. The Bank of Canada did not have a closing rate for the Canadian dollar on Thursday due to Remembrance […] Read more

WINNIPEG – The Canadian dollar held steady on Wednesday after drops in crude oil prices and newly released inflationary data from the United States. The loonie was at US$0.8031 or US$1=C$1.2452 on Wednesday, down from Tuesday’s close of US$0.8033 or US$1=C$1.2449. The U.S. Dollar Index jumped 0.95 of a point to 94.90. The annualized rate […] Read more

By MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as currency markets reacted to the latest inflation data from the United States. At 9:09 a.m. CST Wednesday morning, the Canadian dollar was at US$0.8062 or US$1=C$1.2004 which compares with Tuesday’s close of US$0.8033 or US$1=C$1.2448. U.S. consumer prices rose at […] Read more

WINNIPEG – The Canadian dollar held steady on Tuesday despite rallies in crude oil prices. The loonie was at US$0.8033 or US$1=C$1.2449 on Tuesday, unchanged from Monday. The United States Dollar Index dipped 0.08 of a point to 93.97. U.S. consumer price index (CPI) data for October, used to measure inflation, will be released on […] Read more

By MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar was holding steady Tuesday morning, awaiting some fresh market moving news. At 8:58 a.m. CST Tuesday morning, the Canadian dollar was at US$0.8033 or US$1=C$1.2449 which was unchanged from Monday’s North American close. Bank of Canada officials will speak at a couple of events later […] Read more

WINNIPEG – The Canadian dollar held mostly steady on Monday despite rising crude oil prices. The loonie was at US$0.8033 or US$1=C$1.2449 on Monday, up from Friday’s price of US$0.8031 or US$1=C$1.2452. The United States Dollar Index dipped 0.29 of a point to 94.03. Survey findings released by the New York Federal Reserve on Monday […] Read more

By MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was holding steady Monday morning, with strength in crude oil providing some underlying support for the energy-linked currency. At 8:41 a.m. CST Monday morning, the Canadian dollar was at US$0.8030 or US$1=C$1.2453 which compares with Friday’s North American close of US$0.8031 or US$1=C$1.2452. The United […] Read more

By MarketsFarm WINNIPEG, Nov. 5 (MarketsFarm) – The Canadian dollar held relatively steady on Friday, seeing little direction ahead of the weekend. The Canadian dollar closed at US$0.8031 or US$1=C$1.2452 on Thursday, which compares with Thursday’s North American close of US$0.8033 or US$1=C$1.2449. Strength in crude oil provided underlying support. However, broad gains in the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 5 (MarketsFarm) – The Canadian dollar was virtually unchanged on Friday morning, following a somewhat positive jobs report and higher crude oil prices, while the United States dollar gained strength. As of 8:37 CDT, the Canadian dollar was at US$0.8032 or C$1.2451 compared to Thursday’s close of US$0.8033 […] Read more