Currency Markets

WINNIPEG – The Canadian dollar started Friday on a high note after the release of encouraging employment data from Statistics Canada. As of 8:34 a.m. CST, the loonie was at US$0.7868 or US$1=C$1.2710, compared to Thursday’s close of US$0.7849 or US$1=C$1.2741. Statistics Canada reported on Friday that 55,000 jobs were added to the country’s workforce […] Read more

WINNIPEG – The Canadian dollar continued its recent downturn on Thursday. The loonie was at US$0.7849 or US$1=C$1.2741 on Thursday, down from Wednesday’s close of US$0.7863 or US$1=C$1.2717. The United States Dollar Index was down 0.11 of a point to 96.29. The U.S. 2-Year Treasury Yield hit 0.88 per cent on Thursday, its highest level […] Read more

WINNIPEG – Despite rising crude oil prices, the Canadian dollar was down on Thursday morning. As of 8:37 a.m. CST on Thursday, the loonie was at US$0.7856 or US$1=C$1.2729, compared to Wednesday’s close of US$0.7863 or US$1=C$1.2717. The United States Dollar Index increased 0.01 of a point to 96.18. The U.S. Federal Reserve, in its […] Read more

WINNIPEG – The Canadian dollar took a step down on Wednesday. The loonie was at US$0.7863 or US$1=C$1.2717 on Wednesday, down from Tuesday’s close of US$0.7869 or US$1=C$1.2708. The United States Dollar Index was down 0.07 of a point to 96.19. Minutes from the U.S. Federal Reserve’s Dec. 14 and 15 meeting released earlier today […] Read more

WINNIPEG – The Canadian dollar is holding steady for the most part on Wednesday morning. As of 8:38 a.m. CST on Wednesday, the loonie was at US$0.7868 or US$1=C$1.2710, compared to Tuesday’s close of US$0.7869 or US$1=C$1.2708. The United States Dollar Index dropped 0.31 of a point to 95.95. The U.S. Labor Department reported on […] Read more

By MarketsFarm WINNIPEG, Jan. 4 (MarketsFarm) – The Canadian dollar held reasonably firm on Tuesday, with gains in crude oil providing some support for the energy-linked currency. The Canadian dollar closed at US$0.7869 or US$1=C$1.2708 on Tuesday, which compares with Friday’s North American close of US$0.7888 or US$1=C$1.2678. No official close was reported on Monday […] Read more

WINNIPEG – The Canadian dollar is slipping away from the 79 United States cent mark, while crude oil prices make gains. As of 8:45 a.m. CST on Tuesday, the loonie was at US$0.7866 or US$1=C$1.2713, compared to Friday’s close of US$0.7888 or US$1=C$1.2678. The Bank of Canada did not post the closing exchange rate on […] Read more

WINNIPEG – The Canadian dollar ended 2021 on an upward swing, making ground against the United States greenback. The loonie was at US$0.7888 or US$1=C$1.2678 on Friday, up from Thursday’s close of US$0.7827 or US$1=C$1.2776. The U.S. Dollar Index was down 0.38 of a point to 95.59. Benchmark crude oil prices slipped on Friday, one […] Read more

WINNIPEG – The Canadian dollar is looking to end 2021 on a high note. As of 9:07 a.m. CST on Friday, the loonie was at US$0.7885 or US$1=C$1.2682, compared to Thursday’s close of US$0.7827 or US$1=C$1.2776. The United States Dollar Index declined 0.11 of a point to 95.86. Benchmark crude oil prices took a downturn […] Read more

WINNIPEG – The Canadian dollar made more gains on Thursday as fears ease on the markets over the Omicron COVID-19 variant. The loonie was at US$0.7827 or US$1=C$1.2776 on Thursday, up from Wednesday’s close of US$0.7810 or US$1=C$1.2804. This, despite news of record-breaking amounts of daily cases and an announcement earlier today from WestJet that […] Read more