Currency Markets

By MarketsFarm WINNIPEG, Dec. 1 (MarketsFarm) – The Canadian dollar was slightly stronger at Tuesday’s close, spurred by gains in global stock indices. The dollar finished the day at US$0.7721 or US$1=C$1.2952, compared to Monday when it closed at US$0.7713 or US$1=C$1.2965. Major stocks hit record highs, led by gains in technology and communications industries. […] Read more

By MarketsFarm WINNIPEG, Dec. 1 (MarketsFarm) – The Canadian dollar was virtually unchanged Tuesday morning, despite a favourable Statistics Canada report regarding economic growth. As of 8:39 CST, the Canadian dollar was at US$0.7718 or C$1.2954, compared to Monday’s close of US$0.7713 or C$1.2965. Statistics Canada said the country’s gross domestic product increased by an […] Read more

By MarketsFarm WINNIPEG, Nov. 30 (MarketsFarm) – The Canadian dollar was slightly stronger at Monday’s close, remaining near highs for the year. The dollar finished the day at US$0.7713 or US$1=C$1.2965, compared to Friday when it closed at US$0.7701 or US$1=C$1.2985. Canada’s main stock index was slightly lower following new proposals from the Canadian government. […] Read more

By MarketsFarm WINNIPEG, Nov. 30 (MarketsFarm) – The Canadian dollar was stronger on Monday.      At 8:55 CST Monday morning the Canadian dollar was at US$0.7726 or US$1=C$1.2943, which compares with Friday’s North American close of US$0.7701 or US$1=C$1.2985. The Canadian government will unveil new spending plans later today, detailing the cost of emergency support […] Read more

By MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was stronger on Friday, as investors backed away from the United States dollar in favour of riskier assets. Activity was somewhat thin, with many participants keeping to the sidelines due to the U.S. Thanksgiving holiday. The Canadian dollar closed at US$0.7701 or US$1=C$1.2985, which compares […] Read more

By MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was stronger Friday morning, moving past major chart points. However, activity in the currency markets remained thin with many participants in the United States keeping to the sidelines for an extended Thanksgiving break. At 8:47 CST Friday morning the Canadian dollar was at US$0.7701 or […] Read more

By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The Canadian dollar was holding relatively steady Thursday morning in thin trade. Many investors were keeping to the sidelines, with markets in the United States closed for Thanksgiving. At 8:41 CST Thursday morning the Canadian dollar was at US$0.7688 or C$1.3007 which compares with Wednesday’s North American close […] Read more

By MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The Canadian dollar settled near its highest levels in two weeks relative to its United States counterpart, with gains in crude oil behind some of the strength. The Canadian dollar closed at US$0.7691 or US$1=C$1.3003, which compares with Tuesday’s North American close of US$0.7673 or US$1=C$1.3033. Weekly data […] Read more

By MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The Canadian dollar was posting small gains relative to its United States counterpart Wednesday morning, but was off its overnight highs after running into chart resistance. At 9:03 CST Wednesday morning the Canadian dollar was at US$0.7686 or C$1.3011 which compares with Tuesday’s North American close of US$0.7673 […] Read more

By MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, as gains in crude oil provided support. The Canadian dollar closed at US$0.7673 or US$1=C$1.3033, which compares with Monday’s North American close of US$0.7644 or US$1=C$1.3082. Supportive chart signals contributed to the day’s strength in the loonie, as the currency neared […] Read more