Currency Markets

By MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The Canadian dollar was slightly higher on Friday, due to an increase in Canada’s gross domestic product, albeit at a slower pace. The loonie finished at US$0.7509 or US$=C$1.3318 compared to Thursday’s close of US$0.7491 or US$1=C$1.3349. Statistics Canada reported today that the country’s GDP grew 1.2 per […] Read more

By MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The Canadian dollar gained more than a quarter of a cent on Friday morning, as its United States counterpart slipped back. As of 8:40 CDT, the Canadian dollar was at US$0.7518 or C$1.3304, compared to Thursday’s close of US$0.7491 or C$1.3349. The U.S. Dollar Index dipped 0.182 putting […] Read more

By MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as crude oil continued to grind lower and the United States dollar gained strength. The loonie finished at US$0.7491 or US$=C$1.3349 compared to Wednesday’s close of US$0.7518 or US$1=C$1.3302. The U.S. Dollar Index saw the greenback improve to 93.940 points, which […] Read more

By MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The Canadian dollar was lower Thursday morning, due to weakness in crude oil prices. As of 8:45 CDT, the Canadian dollar was at US$0.7471 or C$1.3387, compared to Wednesday’s close of US$0.7518 or C$1.3302. Benchmark crude oil prices were lower Thursday morning, due to lockdown restrictions in a […] Read more

By MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The Canadian dollar was down by over three quarters of a cent at Wednesday’s close. The dollar finished the day at US$0.7518 or US$1=C$1.3302, compared to Tuesday when it closed at US$0.7596 or US$1=C$1.3164. The dollar was pressured by crude oil prices, which dropped by over five per […] Read more

By MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The Canadian dollar retreated nearly two-thirds of a United States cent Wednesday morning, due to lower crude prices. As of 8:43 CDT, the Canadian dollar was at US$0.7529 or C$1.3282, compared to Tuesday’s close of US$0.7596 or C$1.3164. Benchmark crude oil prices were down Wednesday morning as several […] Read more

By MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – The Canadian dollar was higher on Tuesday, due to gains in crude oil prices. The dollar finished at US$0.7596 or US$=C$1.3164 compared to Monday’s close of US$0.7575 or US$1=C$1.3201. Benchmark crude oil prices were higher on Tuesday, due to the continuing shutdown of production facilities in Gulf of […] Read more

By MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – The Canadian dollar was slightly higher Tuesday morning, at the expense of its United States counterpart. As of 8:40 CDT, the Canadian dollar was at US$0.7589 or C$1.3177, compared to Monday’s close of US$0.7575 or C$1.3201. The U.S. Dollar Index saw the greenback slip under 93.0 points, to […] Read more

By MarketsFarm WINNIPEG, Oct. 26 (MarketsFarm) – The Canadian dollar was lower on Monday, pulled down by declines in crude oil prices. The dollar finished at US$0.7575 or US$=C$1.3201 compared to Friday’s close of US$0.7610 or US$1=C$1.3140. Benchmark crude oil prices were weaker on Monday, due to growing concerns of the COVID-19 pandemic significantly curtailing […] Read more

By MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – The Canadian dollar was steady at Friday’s close. The dollar finished the day at US$0.7610 or US$1=C$1.3140, compared to Thursday when it closed at US$0.7609 or US$1=C$1.3142. Global stock indices closed the week mostly lower, as market participants continue to dissect comments regarding the possibility of another stimulus […] Read more