Currency Markets

By MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The Canadian dollar was sharply weaker relative to its United States counterpart Monday morning as a number of factors combined to weigh on the currency. At 8:59 a.m. CDT Monday morning, the Canadian dollar was at US$0.7853 or US$1=C$1.2734 which compares with Friday’s North American close of US$0.7941 […] Read more

WINNIPEG, July 16 (MarketsFarm) – The Canadian dollar slipped back on Friday. The loonie was at US$0.7941 or US$1=C$1.2593 on Friday, down from Thursday’s close at US$0.7954 or US$1=C$1.2572. Meanwhile, the United States Dollar Index was up 0.09 points at 92.71. Benchmark crude oil prices declined again on Friday, but not to the levels seen […] Read more

WINNIPEG – The Canadian dollar stayed below the United States 80 cent mark on Friday. As of 8:47 a.m. CDT, the loonie was at US$0.7943 or US$1=C$1.2590, compared to US$0.7954 or US$1=C$1.2572 when markets closed on Thursday. Crude oil was higher on Friday, but is still set for its biggest weekly decline since March. Brent […] Read more

WINNIPEG, July 15 (MarketsFarm) – The Canadian dollar fell well below the 80 cents United States mark on Thursday. The loonie was at US$0.7954 or US$1=C$1.2572 on Thursday, down from Wednesday’s close at US$0.8002 or US$1=C$1.24897. Meanwhile, the U.S. Dollar Index was up 0.17 points at 92.58 after the U.S. Labor Department announced that the […] Read more

WINNIPEG – The Canadian dollar continues to oscillate on each side of the United States 80 cent mark on Thursday. As of 8:51 a.m. CDT, the loonie was at US$0.7965 or US$1=C$1.2555, compared to US$0.8002 or US$1=C$1.2497 when markets closed on Wednesday. Crude oil was lower on Thursday due to increasing gasoline stocks in the […] Read more

WINNIPEG – The Canadian dollar is once again on the positive side of the 80 cents United States mark on Wednesday hours after the Bank of Canada announced the key interest rate was staying as is. The loonie was at US$0.8002 or US$1=C$1.2497 on Wednesday, down from Tuesday’s close at US$0.7991 or US$1=C$1.2514. Canada’s central […] Read more

WINNIPEG – The Canadian dollar made its way above the 80 cent United States mark on Wednesday, hours before the Bank of Canada makes its key interest rate announcement. As of 8:45 a.m. CDT, the loonie was at US$0.8030 or US$1=C$1.2453, compared to US$0.7991 or US$1=C$1.2514 when markets closed on Tuesday. Crude oil was steady […] Read more

WINNIPEG – The Canadian dollar continues to move back and forth across the 80 cents United States mark. The loonie was at US$0.7991 or US$1=C$1.2514 on Tuesday, down from Monday’s close at US$0.8019 or US$1=C$1.2471. Meanwhile, the United States Dollar Index was up 0.52 points at 92.78. After the International Energy Agency warned of a […] Read more

WINNIPEG – The Canadian dollar slipped back below the 80 cent United States mark on Tuesday, one day before the Bank of Canada makes its key interest rate announcement. As of 8:59 a.m. CDT, the loonie was at US$0.7986 or US$1=C$1.2522, compared to US$0.8019 or US$1=C$1.2471 when markets closed on Monday. Crude oil was higher […] Read more

WINNIPEG – The Canadian dollar held steady on Monday despite falling crude oil prices. The loonie was at US$0.8019 or US$1=C$1.2471 on Monday, down from Friday’s close at US$0.8015 or US$1=C$1.2476. Meanwhile, the United States Dollar Index was up 0.11 points at 92.24. Benchmark crude oil prices continued their declines on Monday over uncertainty regarding […] Read more