Currency Markets

By MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as sharp gains in crude oil and world equities provided support and investors showed a renewed appetite for riskier assets. The Canadian dollar closed at US$0.7905 or US$1=C$1.2651 on Thursday, which compares with Wednesday’s North American close of US$0.7861 or US$1=C$1.2721. […] Read more

WINNIPEG – The Canadian dollar is coming very close to reaching 79 United States cents on Thursday. As of 8:42 a.m. CDT, the loonie was at US$0.7896 or US$1=C$1.2665, compared to US$0.7861 or US$1=C$1.2721 on Wednesday. The U.S. Dollar Index was down 0.33 of a point at 98.29. Benchmark crude oil prices were back on […] Read more

By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, as the country’s annual rate of inflation hit its highest level in more than 30 years. The Canadian dollar closed at US$0.7861 or US$1=C$1.2721 on Wednesday, which compares with Tuesday’s North American close of US$0.7811 or US$1=C$1.2803. Canada’s annual rate of […] Read more

By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as the country’s rate of inflation hit its highest level in over three decades. At 9:24 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7869 or US$1=C$1.2708, which compares with Tuesday’s close of US$0.7811 or US$1=C$1.2803. Canada’s annual rate of […] Read more

By MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The Canadian dollar weakened slightly relative to its United States counterpart on Monday, with losses in crude oil countered by gains in U.S. equities. The Canadian dollar closed at US$0.7811 or US$1=C$1.2803 on Tuesday, which compares with Monday’s North American close of US$0.7827 or US$1=C$1.2777. Renewed lockdown measures […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The Canadian dollar was lower on Tuesday morning, due to declines in global crude oil prices. As of 8:35 am CDT, the Canadian dollar was at US$0.7798 or C$1.2825, compared to Monday’s close of US$0.7827 or C$1.2777. On the U.S. Dollar Index, the greenback lost […] Read more

By MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar was weaker on Monday, as losses in crude oil weighed on the energy-linked currency. Optimism over ceasefire talks between Russia and Ukraine accounted for some of the weakness in the oil market. The Canadian dollar closed at US$0.7827 or US$1=C$1.2777 on Monday, which compares with […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar was lower on Monday morning, following declines in global crude oil prices and in the face of a still strong United States dollar. As of 8:34 am CDT, the Canadian dollar was at US$0.7840 or C$1.2758, compared to Friday’s close of US$0.7862 […] Read more

WINNIPEG – The Canadian dollar rose on Friday after the release of employment data from Statistics Canada to close an up-and-down week. The loonie closed at US$0.7862 or US$1=C$1.2720 on Friday, up from Thursday’s close of US$0.7827 or US$1=C$1.2776. Canada’s central data agency reported on Friday that 336,600 jobs were added in February, bringing Canada’s […] Read more

WINNIPEG – The Canadian dollar rose on Friday after the release of welcome job data from Statistics Canada. As of 8:37 a.m. CST, the loonie was at US$0.7875 or US$1=C$1.2698, compared to US$0.7827 or US$1=C$1.2776 on Thursday. Canada’s central data agency announced on Friday the country added 336,600 jobs in February with the unemployment rate […] Read more