Currency Markets

WINNIPEG, April 5 (MarketsFarm) – The Canadian dollar rose on Monday due to a weakened United States dollar amidst record-high closes on the North American stock markets. The loonie was at US$0.7984 or US$1=C$1.2525 on Monday, which was up from Thursday’s close at US$0.7959 or US$1=C$1.2565. On the U.S. Dollar Index, the greenback fell 0.42 […] Read more

WINNIPEG – The Canadian dollar increased on Monday morning on the first day of trading since the Easter weekend due to a softer United States dollar. As of 8:39 a.m. CDT, the loonie was at US$0.7980 or US$1=C$1.2531, compared to US$0.7959 or US$1=C$1.2565 when markets closed on Thursday. Benchmark oil prices decreased on Monday due […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Apri1 1 (MarketsFarm) – The Canadian dollar was relatively steady on Thursday, despite a decline in the United States dollar and increases in crude oil prices. The loonie finished at US$0.7959 or US$1=C$1.2565, compared to Wednesday’s close of US$0.7952 or US$1=C$1.2575. On the U.S. Dollar Index, the greenback retreated […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 1 (MarketsFarm) – The Canadian dollar was unchanged on Thursday morning, despite its United States counterpart slipping back and with gains in crude oil. As of 8:45 CDT, the Canadian dollar was at US$0.7952 or C$1.2575. On the U.S. Dollar Index, the greenback lost 0.181 at 93.055 points. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 31 (MarketsFarm) – The Canadian dollar was higher Wednesday morning, following a Statistics Canada report that said the country’s economy grew by 0.7 per cent in January. As of 8:35 CDT, the Canadian dollar was at US$0.7944 or C$1.2588, compared to Tuesday’s close of US$0.7917 or C$1.2631. Benchmark […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 30 (MarketsFarm) – The Canadian dollar was lower on Tuesday, as crude oil prices moved lower. The loonie finished at US$0.7917 or US$1=C$1.2631, compared to Monday’s close of US$0.7940 or US$1=C$1.2594. Benchmark crude oil prices were lower on Tuesday, due to a stronger United States dollar and concerns […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 30 (MarketsFarm) – The Canadian dollar was lower Tuesday morning, as its United States counterpart gained strength and crude oil prices pulled back. As of 8:37 CDT, the Canadian dollar was at US$0.7918 or C$1.2631, compared to Monday’s close of US$0.7940 or C$1.2594. The U.S. Dollar Index saw […] Read more

WINNIPEG – The Canadian dollar moved slightly downward on Monday due to a stronger United States dollar, but despite a rise in oil prices due to speculation OPEC+ will maintain its current output in May. The loonie was at US$0.7941 or US$1=C$1.2593 on Monday (not finalized by the Bank of Canada as of 3:50 pm […] Read more

WINNIPEG, March 29 (MarketsFarm) – The Canadian dollar was slightly lower on Monday after news surfaced of the default of the Archego Capital hedge fund, causing worries for investors. As of 8:46 a.m. CDT, the loonie was at US$0.7940 or US$1=C$1.2594, compared to US$0.7949 or US$1=C$1.2580 when markets closed on Friday. Benchmark oil prices were […] Read more

WINNIPEG, March 26 (MarketsFarm) – After nearly a week of losing ground against the United States dollar, the Canadian dollar gained on Friday as oil prices rose due to the Suez Canal blockage which could take weeks to remedy. The loonie finished at US$0.7949 or US$1=C$1.2580, which was up from Thursday’s close at US$0.7933 or […] Read more