Currency Markets

By MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The Canadian dollar was stronger relative to its counterpart in the United States on Wednesday, despite broad advances for the U.S. dollar against most other major currencies. The Canadian dollar closed at US$0.7868 or US$1=C$1.2710, which compares with Tuesday’s North American close of US$0.7846 or US$1=C$1.2746. Advances in […] Read more

By MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The Canadian dollar was virtually unchanged Wednesday, as the United States dollar made gains. As of 8:43 CST, the Canadian dollar was at US$0.7849 or C$1.2743, compared to Tuesday’s close of US$0.7846 or C$1.2746. On the U.S. Dollar Index, the greenback was up 0.301 at 90.365 points. Benchmark […] Read more

By MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – The Canadian dollar was higher on Tuesday due to a drop in the United States dollar and increases in crude oil prices. The dollar finished at US$0.7846 or US$1.2746, compared to Monday’s close of US$0.7820 or US$1=C$1.2788. The greenback retreated to almost 90 points on the U.S. Dollar […] Read more

By MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – The Canadian dollar was higher Tuesday due to increases in crude oil prices. As of 8:42 CST, the Canadian dollar was at US$0.7833 or C$1.2766, compared to Monday’s close of US$0.7820 or C$1.2788. Benchmark crude oil prices were higher Tuesday morning, on expectations that United States oil inventories […] Read more

By MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – The Canadian dollar weakened on Monday as its United States counterpart gained strength and crude oil prices were down. The dollar finished at US$0.7820 or US$1.2788, compared to Friday’s close of US$0.7871 or US$1=C$1.2705. The greenback reached 90.500 points on the U.S. Dollar Index, moving above the 90 […] Read more

By MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – The Canadian dollar lower Monday amid increases in the United States Dollar and declines in crude oil prices. As of 8:47 CST, the Canadian dollar was at US$0.7792 or C$1.2822, compared to Friday’s close of US$0.7871 or C$1.2705. The greenback surged above 90 points on the U.S. Dollar […] Read more

By MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – The Canadian dollar closed virtually unchanged on Friday. However, during the course of trading the loonie not only peaked above 79 U.S. cents, but also slipped below 78.50 before climbing back to where it started the day. The dollar finished at US$0.7871 or US$1.2705, compared to Thursday’s close […] Read more

Canadian dollar and business outlook By MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – The Canadian dollar was holding relatively steady Friday morning, as conflicting outside influences pulled on the currency. At 9:36 CST Friday morning the Canadian dollar was at US$0.7874 or C$1.2700 which compares with Thursday’s North American close of US$0.7870 or C$1.2707. Gains in […] Read more

By MarketsFarm WINNIPEG, Jan. 7 (MarketsFarm) – The Canadian dollar was slightly lower on Thursday, as its United States counterpart made a small gain. The decline was stymied by increases in crude oil prices. The loonie finished at US$0.7870 or US$1.2707, compared to Wednesday’s close of US$0.7883 or US$1=C$1.2685. On the U.S. Dollar Index, the […] Read more

By MarketsFarm WINNIPEG, Jan. 7 (MarketsFarm) – The Canadian dollar was slightly weaker Thursday morning, backing away from the nearly three-year highs hit the previous session. At 8:53 CST Thursday morning the Canadian dollar was at US$0.7856 or C$1.2729 which compares with Wednesday’s North American close of US$0.7883 or C$1.2685. Canadian international merchandise trade data […] Read more