Currency Markets

WINNIPEG – The Canadian dollar slightly increased on Friday morning as Canadian markets resumed after being closed for the Canada Day holiday. As of 8:42 a.m. CDT, the loonie was at US$0.8076 or US$1=C$1.2382 on Friday, compared to US$0.8068 or US$1=C$1.2394 when markets closed on Wednesday. Crude oil prices were mixed on Friday after OPEC+ […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar eased back on Wednesday, as the United States dollar edged higher. The loonie closed at US$0.8068 or US$1=C$1.2394, compared to Tuesday’s close of US$0.8075 or US$1=C$1.2384. On the U.S. Dollar Index the greenback was up 0.299 at 92.340 points. Benchmark crude oil […] Read more

WINNIPEG – The Canadian dollar held steady on Wednesday after Statistics Canada reported a small contraction in the national economy in April and May. As of 8:39 a.m. CDT, the loonie was at US$0.8077 or US$1=C$1.2380 on Wednesday, compared to US$0.8075 or US$1=C$1.2384 when markets closed on Tuesday. Earlier today, Statistics Canada announced that Canada’s […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 29 (MarketsFarm) – Strength in the Canadian dollar continued to wane on Tuesday, as worries increased over the latest surge in global COVID-19 cases. The loonie closed at US$0.8075 or US$1=C$1.2384, compared to Monday’s close of US$0.8107 or US$1=C$1.2335. The Delta variant of COVID-19 has caused a good […] Read more

WINNIPEG – The Canadian dollar was down on Tuesday amidst housing sales news from the United States and early rises in crude oil prices. As of 8:38 a.m. CDT, the loonie was at US$0.8087 or US$1=C$1.2366 on Tuesday, compared to US$0.8107 or US$1=C$1.2335 when markets closed on Monday. Earlier today, according to the S&P CoreLogic […] Read more

WINNIPEG – The Canadian dollar was down on Monday as oil demand slipped back due to coronavirus outbreaks in Australia and Asia. As of 8:35 a.m. CDT, the loonie was at US$0.8109 or US$1=C$1.2332 on Monday, compared to US$0.8134 or US$1=C$1.2294 when markets closed on Friday. Crude oil prices were mixed on Monday. Brent crude […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 25 (MarketsFarm) – The Canadian dollar was slightly higher on Friday, benefitting from a dip in the United States dollar and increased crude oil prices. The loonie closed at US$0.8134 or US$1=C$1.2294, compared to Thursday’s close of US$0.8120 or US$1=C$1.2316. On the U.S. Dollar Index, the greenback slipped […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 25 (MarketsFarm) – The Canadian dollar was higher on Friday morning as the United States dollar pulled back and crude oil prices bumped up. As of 8:34 CDT, the Canadian dollar was at US$0.8138 or C$1.2289 compared to Thursday’s close of US$0.8120 or C$1.2316. On the U.S. Dollar […] Read more

By MarketsFarm WINNIPEG, June 24 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday, despite improving confidence in the country’s export sector. The Canadian dollar closed at US$0.8120 or US$1=C$1.2316 on Thursday, which compares with Wednesday’s North American close of US$0.8139 or US$1=C$1.2287. Optimism over a post-pandemic recovery saw Canada’s Trade Confidence Index up […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 24 (MarketsFarm) – The Canadian dollar was slightly lower Thursday morning, as crude oil prices slipped back while the United States dollar held relatively firm. As of 8:35 CDT, the Canadian dollar was at US$0.8126 or C$1.2305 compared to Wednesday’s close of US$0.8139 or C$1.2287. On the U.S. […] Read more