Currency Markets

By MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was holding relatively steady Wednesday morning, with global financial markets waiting on developments out of China and real estate company Evergrande. At 8:45 a.m. CDT Wednesday morning, the Canadian dollar was at US$0.7805 or US$1=C$1.2812 which compares with Tuesday’s North American close of US$0.7812 or […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday following the federal election while the United States dollar inched back and crude oil made small gains. The loonie closed at US$0.7812 or US$1=C$1.2801, compared to Monday’s close of US$0.7795 or US$1=C$1.2828. The federal Liberals led by […] Read more

By MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was slightly firmer Tuesday morning, seeing a modest recovery after Monday’s declines as investors reacted to the outcome of the federal election. At 8:55 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.7817 or US$1=C$1.2793 which compares with Monday’s North American close of US$0.7795 […] Read more

By MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The Canadian dollar was weaker Monday morning, with investors showing some caution as Canadians head to the polls to elect a new federal government. Broad risk-aversion in the global markets contributed to the weakness in the currency. At 8:43 a.m. CDT Monday morning, the Canadian dollar was at […] Read more

WINNIPEG – The Canadian dollar hit its lowest point since August on Friday as investors positioned themselves ahead of Monday’s federal election against a stronger United States dollar. The loonie was at US$0.7861 or US$1=C$1.2721 on Friday, up from Thursday’s close of US$0.7890 or US$1=C$1.2674. The U.S. Dollar Index jumped 0.28 of a point at […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The Canadian dollar was holding firm on Friday morning, as the United States was little moved as well. As of 8:31 CDT, the Canadian dollar was virtually unchanged at US$0.7891 or C$1.2675 compared to Thursday’s close of US$0.7890 or C$1.2674. On the U.S. Dollar Index, […] Read more

WINNIPEG – The Canadian dollar fell below the 79 cent United States mark on Thursday due to a stronger U.S. dollar and a decline in Canadian housing starts. The loonie was at US$0.7890 or US$1=C$1.2674 on Thursday, up from Wednesday’s close of US$0.7905 or US$1=C$1.2651. The Canadian Mortgage and Housing Corporation reported on Thursday the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning, despite stronger a United States dollar and declines in crude oil prices. As of 8:35 CDT, the Canadian dollar was at US$0.7906 or C$1.2652 compared to Wednesday’s close of US$0.7905 or C$1.2651. On the U.S. Dollar […] Read more

WINNIPEG – The Canadian dollar increased on Wednesday due to a weakened United States dollar, new inflation data and rising crude oil prices. The loonie was at US$0.7905 or US$1=C$1.2651 on Wednesday, up from Tuesday’s close of US$0.7898 or US$1=C$1.2661. Statistics Canada reported on Wednesday that inflation rose to 4.1 per cent in August, its […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 15 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday morning, as the downward pressure from the Statistics Canada report on inflation was largely countered by support from a lower United States dollar and increases in crude oil prices. As of 8:35 CDT, the Canadian dollar was […] Read more