Currency Markets

WINNIPEG – The Canadian dollar and crude oil both continued to weaken on Wednesday. As of 8:31 a.m. CDT, the loonie was at US$0.7866 or US$1=C$1.2713, compared to US$0.7886 or US$1=C$1.2680 when markets closed on Tuesday. For the most part, crude oil retreated due to a growth in stockpiles in the United States. Brent crude […] Read more

WINNIPEG – The Canadian dollar dipped below the 79-cent United States mark as Tuesday turned into a tough day on the markets. The loonie was at US$0.7886 or US$1=C$1.2680 on Tuesday, down from Monday’s close of US$0.7913 or US$1=C$1.2637. The U.S. Dollar Index was up 0.34 of a point at 93.72. Benchmark crude oil underwent […] Read more

WINNIPEG – The Canadian dollar made a slight dip on Tuesday morning. As of 8:30 a.m. CDT, the loonie was at US$0.7903 or US$1=C$1.2654, compared to US$0.7913 or US$1=C$1.2637 when markets closed on Monday. The loonie had reached a three-week high on Monday. Crude oil continues to rise due to firm demand and tight supply, […] Read more

WINNIPEG – The Canadian dollar moved its way back above the 79-cent United States mark on Monday as oil rallied. The loonie was at US$0.7913 or US$1=C$1.2637 on Monday, up from Friday’s close of US$0.7886 or US$1=C$1.2680. The U.S. Dollar Index was up 0.07 of a point at 93.40. Benchmark crude oil jumped on Monday. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning as crude oil prices surged upward, and despite a small gain in the United States dollar. As of 8:47 CDT, the Canadian dollar was at US$0.7903 or C$1.2653 compared to Friday’s close of US$0.7886 or C$1.2680. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The Canadian dollar retreated below 79 United States on Friday, due to a stronger U.S. dollar and on news that the federal deficit was nearly C$48.5 billion during the first four months of the fiscal year. The loonie closed at US$0.7886 or US$1=C$1.2680, compared to […] Read more

By MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The Canadian dollar was weaker Friday morning, taking back some of Thursday’s gains as the United States currency recovered internationally. At 8:55 a.m. CDT Friday morning, the Canadian dollar was at US$0.7881 or US$1=C$1.2689 which compares with Thursday’s North American close of US$0.7903 or US$1=C$1.2653. An increased appetite […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was stronger on Thursday, slightly higher than 79 U.S. cents as the United States dollar weakened and crude oil prices increased. The loonie closed at US$0.7903 or US$1=C$1.2653, compared to Wednesday’s close of US$0.7839 or US$1=C$1.2756. On the U.S. Dollar Index, the […] Read more

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, boosted by better-than-expected retail sales data. At 8:43 a.m. CDT Thursday morning, the Canadian dollar was at US$0.7894 or US$1=C$1.2668 which compares with Wednesday’s North American close of US$0.7839 or US$1=C$1.2756. While Statistics Canada reported that retail sales in the country […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was higher on Wednesday on gains made in crude oil prices and despite a stronger United States dollar. The loonie closed at US$0.7839 or US$1=C$1.2756, compared to Tuesday’s close of US$0.7812 or US$1=C$1.2801. On the U.S. Dollar Index, the greenback was up […] Read more