Currency Markets

WINNIPEG – The Canadian dollar held mostly steady on Monday morning amid uncertainty over future oil output and the Bank of Canada’s Business Outlook Survey, which will be released later today. As of 8:36 a.m. CDT, the loonie was at US$0.8093 or US$1=C$1.2356 on Monday, compared to US$0.8095 or US$1=C$1.2353 when markets closed on Friday. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 2 (MarketsFarm) – The Canadian dollar was stronger on Friday, but closed off its highs as trading resumed after Canada Day. The loonie closed at US$0.8095 or US$1=C$1.2353, compared to Wednesday’s close of US$0.8068 or US$1=C$1.2394. On the U.S. Dollar Index the greenback pulled back 0.344 at 92.250 […] Read more

WINNIPEG – The Canadian dollar slightly increased on Friday morning as Canadian markets resumed after being closed for the Canada Day holiday. As of 8:42 a.m. CDT, the loonie was at US$0.8076 or US$1=C$1.2382 on Friday, compared to US$0.8068 or US$1=C$1.2394 when markets closed on Wednesday. Crude oil prices were mixed on Friday after OPEC+ […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar eased back on Wednesday, as the United States dollar edged higher. The loonie closed at US$0.8068 or US$1=C$1.2394, compared to Tuesday’s close of US$0.8075 or US$1=C$1.2384. On the U.S. Dollar Index the greenback was up 0.299 at 92.340 points. Benchmark crude oil […] Read more

WINNIPEG – The Canadian dollar held steady on Wednesday after Statistics Canada reported a small contraction in the national economy in April and May. As of 8:39 a.m. CDT, the loonie was at US$0.8077 or US$1=C$1.2380 on Wednesday, compared to US$0.8075 or US$1=C$1.2384 when markets closed on Tuesday. Earlier today, Statistics Canada announced that Canada’s […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 29 (MarketsFarm) – Strength in the Canadian dollar continued to wane on Tuesday, as worries increased over the latest surge in global COVID-19 cases. The loonie closed at US$0.8075 or US$1=C$1.2384, compared to Monday’s close of US$0.8107 or US$1=C$1.2335. The Delta variant of COVID-19 has caused a good […] Read more

WINNIPEG – The Canadian dollar was down on Tuesday amidst housing sales news from the United States and early rises in crude oil prices. As of 8:38 a.m. CDT, the loonie was at US$0.8087 or US$1=C$1.2366 on Tuesday, compared to US$0.8107 or US$1=C$1.2335 when markets closed on Monday. Earlier today, according to the S&P CoreLogic […] Read more

WINNIPEG – The Canadian dollar was down on Monday as oil demand slipped back due to coronavirus outbreaks in Australia and Asia. As of 8:35 a.m. CDT, the loonie was at US$0.8109 or US$1=C$1.2332 on Monday, compared to US$0.8134 or US$1=C$1.2294 when markets closed on Friday. Crude oil prices were mixed on Monday. Brent crude […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 25 (MarketsFarm) – The Canadian dollar was slightly higher on Friday, benefitting from a dip in the United States dollar and increased crude oil prices. The loonie closed at US$0.8134 or US$1=C$1.2294, compared to Thursday’s close of US$0.8120 or US$1=C$1.2316. On the U.S. Dollar Index, the greenback slipped […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 25 (MarketsFarm) – The Canadian dollar was higher on Friday morning as the United States dollar pulled back and crude oil prices bumped up. As of 8:34 CDT, the Canadian dollar was at US$0.8138 or C$1.2289 compared to Thursday’s close of US$0.8120 or C$1.2316. On the U.S. Dollar […] Read more