Currency Markets

By MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – The Canadian dollar was holding steady Friday morning, stabilizing after strengthening to two-month highs on Thursday. At 8:34 CST Friday morning the Canadian dollar was at US$0.7664 or C$1.3048 which compares with Thursday’s North American close of US$0.7662 or C$1.3051. Statistics Canada’s monthly jobs report showed that employment […] Read more

By MarketsFarm WINNIPEG – The Canadian dollar was stronger on Thursday, hitting its best levels in two months with broad weakness in the United States dollar accounting for the relative strength. The Canadian dollar closed at US$0.7662 or US$1=C$1.3051, which compares with Wednesday’s North American close of US$0.7612 or US$1=C$1.3138. The U.S. Federal Reserve left […] Read more

By MarketsFarm WINNIPEG, Nov. 5 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, hitting its best levels relative to its United States counterpart in nearly two months. At 8:40 CST Thursday morning the Canadian dollar was at US$0.7652 or C$1.3068 which compares with Wednesday’s North American close of US$0.7612 or C$1.3138. Broad weakness for […] Read more

By MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday, with uncertainty following the U.S. election leading to some choppy activity in the currency markets. The Canadian dollar closed at US$0.7612 or US$1=C$1.3138, which compares with Tuesday’s North American close of US$0.7607 or US$1=C$1.3145. […] Read more

By MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, with the uncertain outcome of the United States presidential election overhanging all markets. At 8:55 CST Wednesday morning the Canadian dollar was at US$0.7577 or C$1.3198 which compares with Tuesday’s North American close of US$0.7607 or C$1.3145. A number of states […] Read more

By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, with gains in outside equity and energy markets providing support. The Canadian dollar closed at US$0.7607 or US$1=C$1.3145, which compares with Friday’s North American close of US$0.7543 or US$1=C$1.3257. Ideas that Democrat Joe Biden will win the United States presidential election […] Read more

WINNIPEG, Nov. 3 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Tuesday, regaining some of yesterday’s losses. One Winnipeg-based trader said the unseasonably warm temperatures across the Canadian Prairies has encouraged producers to “do other things besides be big sellers on today’s small bounce.” Gains in comparable vegetable oils were supportive of […] Read more

By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, with gains in crude oil helping underpin the energy-linked currency. At 8:44 CST Tuesday morning the Canadian dollar was at US$0.7610 or C$1.3141 which compares with Monday’s North American close of US$0.7543 or C$1.3257. The United States presidential election kept some […] Read more

By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was stronger on Monday, with gains in crude oil behind some of the strength. The Canadian dollar closed at US$0.7543 or US$1=C$1.3257, which compares with Friday’s North American close of US$0.7509 or US$1=C$1.3318. Solid factory data out of Europe and China contributed to the firm […] Read more

By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was stronger Monday morning, seeing a correction to start the month after declining relative to its United States counterpart last week. At 8:31 CST Monday morning the Canadian dollar was at US$0.7535 or C$1.3271 which compares with Friday’s North American close of US$0.7509 or C$1.3318. […] Read more