Currency Markets

WINNIPEG – The Canadian dollar stayed relatively steady on Tuesday after making a big jump on Monday. The loonie was at US$0.8063 or US$1=C$1.2403 on Tuesday, up from Monday’s close at US$0.8057 or US$1=C$1.2412, while oil prices rallied. Meanwhile, the United States Dollar Index increased by 0.09 points to 90.90. Benchmark crude oil prices soared […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning, as slightly higher United States dollar balanced out gains in crude oil prices. Also supportive of the loonie was a report from S&P Global Ratings. As of 8:44 CDT, the Canadian dollar was at US$0.8055 or […] Read more

WINNIPEG – The Canadian dollar closed Monday at a level not seen in three years. The loonie was at US$0.8057 or US$1=C$1.2412 on Monday, up from Friday’s close at US$0.8007 or US$1=C$1.2489, which was fueled by rising commodity prices. It is the loonie’s highest closing value against the U.S. greenback since Feb. 2, 2018 (US$0.8074). […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – The Canadian dollar was stronger on Monday morning, despite gains in the United States dollar and declines in crude oil prices. As of 8:47 CDT, the Canadian dollar was at US$0.8048 or C$1.2427, compared to Friday’s close of US$0.8007 or C$1.2489. On the U.S. Dollar […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – The Canadian dollar was a pinch higher on Friday, due to a weaker United States dollar and increases in crude oil prices. The loonie was at US$0.8007 or US$1=C$1.2489, compared to Thursday’s close of US$0.8000 or US$1=C$1.2500. On the U.S. Dollar Index, the greenback dropped […] Read more

By MarketsFarm WINNIPEG, April 23 (MarketsFarm) – The Canadian dollar was holding steady Friday morning, seeing some consolidation ahead of the weekend. At 8:57 a.m. CDT Thursday morning, the Canadian dollar was at US$0.8004 or US$1=C$1.2494 which compares with Thursday’s North American close of US$0.8000 or US$1=C$1.2500. Canadian manufacturing sales increased by 3.5 per cent […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar was higher on Thursday, supported by gains in crude oil and despite an increase in the United States dollar. With the final settlement still pending, the loonie was at US$0.7998 or US$1=C$1.2502, compared to Wednesday’s close of US$0.7985 or US$1=C$1.2523. On the […] Read more

By MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar was holding firm Thursday morning, as the currency found ongoing support after Wednesday’s Bank of Canada interest rate announcement. At 8:56 a.m. CDT Thursday morning, the Canadian dollar was at US$0.7993 or US$1=C$1.2511 which compares with Wednesday’s North American close of US$0.7985 or US$1=C$1.2523. The […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar was higher on Wednesday, even flirting with 80 U.S. cents, following the latest economic projections from the Bank of Canada. The loonie finished at US$0.7985 or US$1=C$1.2523, compared to Tuesday’s close of US$0.7954 or US$1=C$1.2572. Canada’s central bank raised its forecast for […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was lower on Tuesday, as the United States dollar gained a bit of ground and crude oil prices pulled back. The loonie finished at US$0.7954 or US$1=C$1.2572, compared to Monday’s close of US$0.7988 or US$1=C$1.2519. On the U.S. Dollar Index, the greenback […] Read more