Currency Markets

By MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, as the currency continued to recover from its losses relative to its United States counterpart seen the previous week. The Canadian dollar closed at US$0.8139 or US$1=C$1.2287 on Wednesday, which compares with Tuesday’s North American close of US$0.8093 or US$1=C$1.2356. Canadian […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The Canadian dollar continued on its upswing Wednesday morning, as the United States dollar further weakened and crude oil prices pushed higher. As of 8:44 CDT, the Canadian dollar was at US$0.8154 or C$1.2265 compared to Tuesday’s close of US$0.8093 or C$1.2356. The loonie’s rise […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 22 (MarketsFarm) – The Canadian dollar finished pushed a little higher on Tuesday, as the United States dollar took a small step back. The loonie closed at US$0.8093 or US$1=C$1.2356, compared to Monday’s close of US$0.8080 or US$1=C$1.2377. On the U.S. Dollar Index, the greenback dipped 0.156 at […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 22 (MarketsFarm) – The Canadian dollar eased back a little on Tuesday morning, as the United States dollar gained some ground and crude oil turned lower. As of 8:41 CDT, the Canadian dollar was at US$0.8071 or C$1.2392 compared to Monday’s close of US$0.8080 or C$1.2377. On the […] Read more

By MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The Canadian dollar was stronger on Monday, seeing a modest recovery to start the week after dropping sharply relative to its United States counterpart earlier in the month. The Canadian dollar closed at US$0.8080 or US$1=C$1.2377 on Monday, which compares with Friday’s North American close of US$0.8052 or […] Read more

WINNIPEG – The Canadian dollar fell to its lowest level in eight weeks on Friday against a strengthening United States dollar. The loonie was at US$0.8052 or US$1=C$1.2419 on Friday, down from Thursday’s close at US$0.8103 or US$1=C$1.2341. Meanwhile, the U.S. Dollar Index jumped 0.39 points at 92.28. On Wednesday, United States Federal Reserve Chair […] Read more

By MarketsFarm WINNIPEG, June 18 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as ongoing strength for the United States dollar internationally continued to influence the world currency markets after the U.S. Federal Reserve took a more hawkish stance on future interest rate moves earlier this week. At 8:48 a.m. CDT Friday morning, the […] Read more

WINNIPEG – The Canadian dollar was in a freefall on Thursday as its American counterpart reached a two-month high. The loonie was at US$0.8103 or US$1=C$1.2341 on Thursday, down from Wednesday’s close at US$0.8203 or US$1=C$1.2191. Meanwhile, the U.S. Dollar Index jumped 0.81 points at 91.94. United States Federal Reserve Chair Jerome Powell announced yesterday […] Read more

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, pressured by broad strength in the United States dollar internationally. At 8:54 a.m. CDT Thursday morning, the Canadian dollar was at US$0.8126 or US$1=C$1.2307 which compares with Wednesday’s North American close of US$0.8203 or US$1=C$1.2191. The U.S. Federal Reserve took a […] Read more

WINNIPEG – The Canadian dollar held steady on Wednesday amid economic news on both sides of the Canada/United States border. The loonie was at US$0.8203 or US$1=C$1.2191 on Wednesday, slightly lower from Tuesday’s close at US$0.8205 or US$1=C$1.2188. Meanwhile, the U.S. Dollar Index jumped 0.78 points at 91.31. Statistics Canada reported today that inflation increased […] Read more