Currency Markets

By MarketsFarm WINNIPEG, May 18 (MarketsFarm) – The Canadian dollar was holding firm Wednesday morning, finding support from gains in crude oil. At 8:50 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7793 or US$1=C$1.2832, which compares with Tuesday’s close of US$0.7792 or US$1=C$1.2834. Canada’s consumer price index was up by 6.8 per cent […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar was higher on Tuesday, due to a sharp drop in its United States counterpart and despite weaker oil prices. The loonie closed at US$0.7792 or US$1=C$1.2834, compared to Monday’s close of US$0.7759 or US$1=C$1.2888. On the United States Dollar Index, the greenback […] Read more

By MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, as firmness in crude oil and gains in world equity markets provided support. At 8:47 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7784 or US$1=C$1.2847, which compares with Monday’s close of US$0.7759 or US$1=C$1.2888. Foreign investors acquired C$46.9 billion […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 16 (MarketsFarm) – The Canadian dollar was higher on Monday, due to good economic news, a lower United States dollar, and stronger crude oil prices. The loonie closed at US$0.7759 or US$1=C$1.2888, compared to Friday’s close of US$0.7720 or US$1=C$1.2953. This comes after Statistics Canada reported that manufacturing […] Read more

By MarketsFarm WINNIPEG, May 16 (MarketsFarm) – The Canadian dollar was holding relatively steady Monday morning, slightly firmer compared to Friday’s close but down from levels seen in overnight trade. At 8:48 a.m. CDT Monday morning the Canadian dollar was at US$0.7737 or US$1=C$1.2925, which compares with Friday’s close of US$0.7720 or US$1=C$1.2953. Canadian manufacturing […] Read more

By MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The Canadian dollar was stronger on Friday, recovering from the 18-month lows hit the previous session as gains in crude oil underpinned the energy-linked currency. The Canadian dollar closed at US$0.7720 or US$1=C$1.2953 on Friday, which compares with Thursday’s North American close of US$0.7669 or US$1=C$1.3039. Ideas that […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The Canadian dollar was higher Friday morning, benefitting from increases in global crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7692 or C$1.2988, compared to Thursday’s close of US$0.7669 or C$1.3039. On the U.S. Dollar Index, the greenback remained at […] Read more

By MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar was weaker on Thursday, hitting a fresh 18-month low relative to its United States counterpart as a reduced appetite for risk internationally weighed on the currency. The Canadian dollar closed at US$0.7669 or US$1=C$1.3039 on Thursday, which compares with Wednesday’s North American close of US$0.7710 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar was lower Thursday morning due to a stronger United States dollar. As of 8:41 am CDT, the Canadian dollar was at US$0.7670 or C$1.3030, compared to Wednesday’s close of US$0.7710 or C$1.2970. On the U.S. Dollar Index, the greenback gained 0.661 of […] Read more

By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, seeing a recovery after hitting its weakest level in 18 months relative to its United States counterpart earlier in the week. The Canadian dollar closed at US$0.7710 or US$1=C$1.2970 on Wednesday, which compares with Tuesday’s North American close of US$0.7685 or […] Read more