Currency Markets

By MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – The Canadian dollar was higher Thursday morning, as crude oil prices were on the rise. As of 8:42 CDT, the Canadian dollar was at US$0.7552 or C$1.3243, compared to Wednesday’s close of US$0.7533 or C$1.3275. Benchmark crude oil prices were stronger Thursday morning, due to Hurricane Delta forcing […] Read more

By MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar remained virtually unchanged for a second day as lower crude oil prices were countered by gains on the Toronto Stock Exchange. The dollar finished at US$0.7533 or US$=C$1.3275, compared to Tuesday’s close of US$0.7535 or US$1=C$1.3272. Benchmark crude oil prices were lower on Wednesday due […] Read more

By MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was firm on Wednesday morning, as there was little movement in its United States counterpart. As of 8:42 CDT, the Canadian dollar was at US$0.7530 or C$1.3280, compared to Tuesday’s close of US$0.7535 or C$1.3272. On the U.S. Dollar Index, the greenback was relatively steady […] Read more

By MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday, following a Statistics Canada report on trade and increases in crude oil prices. The dollar finished at US$0.7535 or US$=C$1.3272, compared to Monday’s close of US$0.7536 or US$1=C$1.3269. The federal agency reported Canada’s trade deficit eased from C$2.53 billion in […] Read more

By MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was firm on Tuesday morning, taking its cue from the United States Dollar Index. As of 8:40 CDT, the Canadian dollar was at US$0.7539 or C$1.3267, compared to Monday’s close of US$0.7536 or C$1.3269. Although the U.S. Dollar Index dipped below 93.50 points, the greenback […] Read more

By MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar closed higher on Monday, getting strength from gains in the stock markets. The dollar finished at US$0.7536 or US$=C$1.3269, compared to Friday’s close of US$0.7513 or US$1=C$1.3310. The TSX Composite Index rose 210.94 points on Monday to finish at 16,410.19. In the United States, the […] Read more

By MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was higher on Monday morning, as the United States dollar was weaker and crude oil prices were stronger. As of 8:40 CDT, the Canadian dollar was at US$0.7538 or C$1.3266, compared to Friday’s close of US$0.7513 or C$1.3310. The U.S. Dollar Index slipped 0.354 at […] Read more

By MarketsFarm WINNIPEG, Oct. 2 (MarketsFarm) – The Canadian dollar was steady ahead of the weekend. The dollar finished the day at US$0.7513 or US$1=C$1.3310, compared to Thursday when it closed at US$0.7523 or US$1=C$1.3292. Global stock indices were mostly lower on Friday following news that United States President Donald Trump and First Lady Melania […] Read more

By MarketsFarm WINNIPEG, Oct. 2 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday, remaining just above 75 United States cents.      At 8:50 CDT Friday morning the Canadian dollar was at US$0.7506 or US$1=C$1.3322, which compares with Thursday’s North American close of US$0.7523 or US$1=C$1.3292. Global stock indices were rocked by the news […] Read more

By MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – The Canadian dollar was stronger on Thursday, inching above 75 United States cents. The dollar finished the day at US$0.7523 or US$1=C$1.3292, compared to Wednesday when it closed at US$0.7497 or US$1=C$1.3339. The Canadian government has announced a C$10 billion three-year infrastructure plan that will aim to create […] Read more