Currency Markets

WINNIPEG – The Canadian dollar rebounded on Thursday after a rise in oil prices as investors await inflation data from the United States tomorrow. The loonie was at US$0.8283 or US$1=C$1.2073 on Thursday, up from Wednesday’s close at US$0.8258 or US$1=C$1.2110. Meanwhile, the U.S. Dollar Index dipped by 0.04 points to 90.00. Benchmark crude oil […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – After taking a tumble on Wednesday, the Canadian dollar was higher on Thursday morning, following news of C$10.7 billion in second-quarter profits by the country’s top four banks. As of 8:42 CDT, the Canadian dollar was at US$0.8286 or C$1.2069 compared to Wednesday’s close of […] Read more

WINNIPEG – The Canadian dollar fell on Wednesday after the United States dollar bounced back and oil prices made modest gains. The loonie was at US$0.8258 or US$1=C$1.2110 on Wednesday, down from Tuesday’s close at US$0.8294 or US$1=C$1.2057. Meanwhile, the U.S. Dollar Index surpassed the 90-point mark, rising by 0.40 to 90.04. Benchmark crude oil […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The Canadian dollar was pulling back on Wednesday morning, as crude oil prices were lower and the United States dollar regained some lost strength As of 8:36 CDT, the Canadian dollar was at US$0.8255 or C$1.2118 compared to Tuesday’s close of US$0.8294 or C$1.2057. On […] Read more

WINNIPEG – The Canadian dollar stayed relatively steady on Tuesday, the first day of trading after the Victoria Day weekend, despite a declining United States greenback. The loonie was at US$0.8294 or US$1=C$1.2057 on Tuesday, up from Friday’s close at US$0.8291 or US$1=C$1.2061. Meanwhile, the United States Dollar Index dropped by 0.15 at 89.69 points. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning, as trading resumed in Canada following the Victoria long weekend. As of 8:32 CDT, the Canadian dollar was at US$0.8289 or C$1.2062 compared to Friday’s close of US$0.8291 or C$1.2061. On the United States Dollar Index, […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 21 (MarketsFarm) – The Canadian dollar finished a little closer to 83 United States cents on Friday, as the loonie approached six-year highs. Canada’s currency exceeded the 83-cent mark earlier in the day, before slipping back. The loonie closed at US$0.8291 or US$1=C$1.2061, compared to Thursday’s close of […] Read more

By MarketsFarm WINNIPEG, May 21 (MarketsFarm) – The Canadian dollar was stronger Friday morning, underpinned by strength in outside equity and energy markets. At 9:03 a.m. CDT Friday morning, the Canadian dollar was at US$0.8301 or US$1=C$1.2047 which compares with Thursday’s North American close of US$0.8285 or US$1=C$1.2070. Canadian retail sales were up by 3.6 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar gained just over two-tenths of a cent on Thursday, as the United States dollar lost more ground and despite declines in crude oil prices. The loonie finished at US$0.8285 or US$1=C$1.2070, compared to Wednesday’s close of US$0.8264 or US$1=C$1.2100. On the U.S. […] Read more

By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The Canadian dollar was slightly firmer Thursday morning, consolidating in a narrow range relative to its United States counterpart. At 8:55 a.m. CDT Thursday morning, the Canadian dollar was at US$0.8272 or US$1=C$1.2089 which compares with Tuesday’s North American close of US$0.8264 or US$1=C$1.2100. The number of Canadians […] Read more