Currency Markets

WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar moved upward early Wednesday morning as the U.S. greenback continues to weaken. As of 8:38 a.m. CST, the Canadian dollar was at US$0.7883 or US$1=C$1.2683, compared to Tuesday’s close of US$0.7862 or US$1=C$1.2719. Benchmark crude oil prices rose for the eighth straight day, the first rally of […] Read more

WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar strengthened on Tuesday as oil prices continued to rally amidst a weakening U.S. greenback. The loonie finished at US$0.7862 or US$1=C$1.2719, compared to Monday’s close of US$0.7841 or US$1=C$1.2753. On the U.S. Dollar Index, the greenback lost 0.484 at 90.440 points, losing ground to other major world […] Read more

WINNIPEG, Feb. 9 (MarketsFarm) – The Canadian dollar stayed mostly stagnant early Tuesday morning as oil prices went down after a week-long rally. As of 8:35 a.m. CST, the Canadian dollar was at US$0.7843 or US$1=C$1.2751, compared to Monday’s close of US$0.7841 or US$1=C$1.2753. Benchmark crude oil retained its high prices on Tuesday morning, but […] Read more

WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar made gains on Monday, strengthened by continuing rallies in oil prices and the stock market. The loonie finished at US$0.7841 or US$1=C$1.2753, compared to Friday’s close of US$0.7827 or US$1=C$1.2777. Crude oil continued to climb due to planned supply cuts and optimism from the vaccine rollout and […] Read more

WINNIPEG, Feb. 8 (MarketsFarm) – The Canadian dollar inched upward on Monday morning, looking past Friday’s news that 213,000 Canadians lost their jobs in January. As of 8:36 a.m. CST, the Canadian dollar was at US$0.7839 or US$1=C$1.2755, compared to Friday’s close of US$0.7827 or US$1=C$1.2777. Benchmark crude oil continued its rise on Monday morning […] Read more

WINNIPEG, Feb. 5 (MarketsFarm) – Despite a report from Statistics Canada stating 213,000 Canadians lost their jobs in January, the Canadian dollar still made gains on Friday. The loonie finished at US$0.7827 or US$1=C$1.2777, compared to Thursday’s close of US$0.7795 or US$1=C$1.2828. Crude oil moved to its highest price in more than a year on […] Read more

WINNIPEG, Feb. 5 (MarketsFarm) – The Canadian dollar rose slightly on Friday morning despite the release of higher unemployment numbers on both sides of the border. As of 8:43 a.m. CST, the Canadian dollar was at US$0.7821 or US$1=C$1.2785, compared to Thursday’s close of US$0.7795 or US$1=C$1.2828. Earlier today, Statistics Canada reported the number of […] Read more

WINNIPEG, Feb. 4 (MarketsFarm) – The Canadian dollar stumbled on Thursday as the U.S. greenback continues to strengthen against other currencies. The loonie finished at US$0.7795 or US$1=C$1.2828, compared to Wednesday’s close of US$0.7823 or US$1=C$1.2783. Despite a stronger U.S. dollar, crude oil continued to gain on Thursday as oil inventories dropped stateside and in […] Read more

WINNIPEG, Feb. 4 (MarketsFarm) – The Canadian dollar slightly fell Thursday morning against the U.S. greenback as jobless claim numbers improved stateside. As of 8:42 a.m. CST, the Canadian dollar was at US$0.7797 or US$1=C$1.2825, compared to Wednesday’s close of US$0.7823 or US$1=C$1.2783. Benchmark crude oil prices were upward on Thursday morning despite news Royal […] Read more

WINNIPEG, Feb. 3 (MarketsFarm) – The Canadian dollar moved upward on Wednesday with Statistics Canada set to release its economic numbers from January tomorrow. The loonie finished at US$0.7823 or US$1=C$1.2783, compared to Tuesday’s close of US$0.7802 or US$1=C$1.2818. Crude oil moved higher again on Wednesday as the Joint Ministerial Monitoring Committee of OPEC+ ended […] Read more