Currency Markets

By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was holding relatively steady Tuesday morning, showing little reaction to Monday’s federal budget. At 9:02 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.7986 or US$1=C$1.2522 which compares with Monday’s North American close of US$0.7988 or US$1=C$1.2519. The Government of Canada’s first budget in […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was slightly lower on Monday, just before the first federal budget in two years was introduced in the House of Commons. The loonie finished at US$0.7988 or US$1=C$1.2519, compared to Friday’s close of US$0.7998 or US$1=C$1.2503. Canadian Minister of Finance Chrystia Freeland […] Read more

By MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was stronger Monday morning, moving above the psychological 80 U.S. cents mark as investors await the release of the latest federal budget. At 8:48 a.m. CDT Monday morning, the Canadian dollar was at US$0.8007 or US$1=C$1.2489 which compares with Friday’s North American close of US$0.7998 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – The Canadian dollar was just short of 80 U.S. cents on Friday, as its United States counterpart slipped. The loonie finished at US$0.7998 or US$1=C$1.2503, compared to Thursday’s close of US$0.7981 or US$1=C$1.2530. On the U.S. Dollar Index, the greenback was down 0.088 at 91.530 […] Read more

WINNIPEG – The Canadian dollar continued its close approach with the U.S. 80-cent mark on Friday morning amidst increased oil demand and good economic data from China. As of 8:37 a.m. CDT, the loonie was at US$0.7995 or US$1=C$1.2508, compared to US$0.7981 or US$1=C$1.2530 when markets closed on Thursday. Benchmark oil prices were mixed despite […] Read more

By MarketsFarm WINNIPEG, April 15 (MarketsFarm) – The Canadian dollar settled relatively steady on Thursday, as conflicting outside influences pulled on the currency. The Canadian dollar closed at US$0.7981 or US$1=C$1.2530 on Thursday, which was up from Wednesday’s North American close US$0.7979 or US$1=C$1.2533. Domestic housing data provided some support for Canadian dollar, as the […] Read more

WINNIPEG – The Canadian dollar flirted with the U.S. 80-cent mark on Thursday morning after Statistics Canada revealed home sales increased by 5.2 per cent in March from February, an all-time record. As of 8:55 a.m. CDT, the loonie was at US$0.7994 or US$1=C$1.2509, compared to US$0.7979 or US$1=C$1.2533 when markets closed on Wednesday. Benchmark […] Read more

By MarketsFarm WINNIPEG, April 14 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, as gains in crude oil underpinned the energy-linked currency. The Canadian dollar closed at US$0.7979 or US$1=C$1.2533 on Wednesday, which was up from Tuesday’s North American close US$0.7966 or US$1=C$1.2554. Crude oil rallied following the latest U.S. stocks data, as the […] Read more

WINNIPEG, April 14 (MarketsFarm) – The Canadian dollar stayed steady on Wednesday morning despite a jump in benchmark oil prices. As of 9:23 a.m. CDT, the loonie was at US$0.7964 or US$1=C$1.2557, compared to US$0.7966 or US$1=C$1.2554 when markets closed on Tuesday. Benchmark oil prices were higher on Wednesday. Brent crude oil rose by US$1.33 […] Read more

By MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar was slightly weaker on Monday, seeing a modest correction after Friday’s jobs-related strength. The Canadian dollar closed at US$0.7966 or US$1=C$1.2553 on Monday, which compares with Friday’s North American close US$0.7972 or US$1=C$1.2544. Crude oil posted small gains, with West Texas Intermediate crude oil up […] Read more