Currency Markets

By MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as continued declines in crude oil weighed on the energy-linked currency. The Canadian dollar closed at US$0.8033 or US$1=C$1.2449 on Thursday, which compares with Wednesday’s North American close of US$0.8053 or US$1=C$1.2417. West Texas Intermediate crude oil was down by 2.02 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning in a balance between a stronger United States dollar and increases in crude oil prices. As of 8:47 CDT, the Canadian dollar was at US$0.8052 or C$1.2422 compared to Wednesday’s close of US$0.8053 or C$1.2417. The […] Read more

By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, as sharp losses in crude oil weighed on the energy-linked currency. The Canadian dollar closed at US$0.8053 or US$1=C$1.2417 on Wednesday, which compares with Tuesday’s North American close of US$0.8062 or US$1=C$1.2404. Rising crude oil supplies in the United States sparked […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning as global crude oil prices pulled back. As of 8:33 CDT, the Canadian dollar was at US$0.8036 or C$1.2442 compared to Tuesday’s close of US$0.8062 or C$1.2404. Benchmark crude oil prices were falling on Wednesday morning, as […] Read more

By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, seeing some consolidation ahead Wednesday’s policy announcement from the United States Federal Reserve. The Canadian dollar closed at US$0.8062 or US$1=C$1.2404 on Tuesday, which compares with Monday’s North American close of US$0.8085 or US$1=C$1.2368. The Fed is set to make […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was lower on Tuesday morning as global crude oil prices took a step back, and as the United States dollar nudged a little higher. As of 8:35 CDT, the Canadian dollar was at US$0.8062 or C$1.2402 compared to Monday’s close of US$0.8085 […] Read more

By MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar held firm on Monday, as gains in energy and equity markets provided support. The Canadian dollar closed at US$0.8085 or US$1=C$1.2368 on Monday, which compares with Friday’s North American close of US$0.8075 or US$1=C$1.2384. The United States Federal Reserve is set to make its latest […] Read more

WINNIPEG – The Canadian dollar is slightly higher on Monday morning. As of 8:50 a.m. CDT, the loonie was at US$0.8078 or US$1=C$1.2379, compared to Friday’s close of US$0.8075 or US$1=C$1.2384. Benchmark crude oil prices jolted ahead to start Monday. Brent crude oil gained US$1.32 per barrel to US$85.04. Meanwhile, West Texas Intermediate (WTI) jumped […] Read more

WINNIPEG – The Canadian dollar had a monthly gain for the first time since May on Friday. However, the loonie weakened from Thursday after new data suggested a slowdown in Canada’s economic recovery. The loonie was at US$0.8075 or US$1=C$1.2384 on Friday, down from Thursday’s price of US$0.8098 or US$1=C$1.2349. Statistics Canada reported on Friday […] Read more

WINNIPEG – The Canadian dollar slipped back on Friday morning after reports of stagnant economic growth for the third quarter. As of 8:46 a.m. CDT, the loonie was at US$0.8080 or US$1=C$1.2376, compared to Thursday’s close of US$0.8098 or US$1=C$1.2349. Statistics Canada announced Thursday morning that Canada’s economy only grew 0.4 per cent in August […] Read more