Currency Markets

By MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – The Canadian dollar was stronger on Thursday, creeping up above 75 United States cents.      At 9:00 CDT Thursday morning the Canadian dollar was at US$0.7515 or US$1=C$1.3306, which compares with Wednesday’s North American close of US$0.7497 or US$1=C$1.3339. The TSX was up 47.69 points at 9:10 CDT […] Read more

By MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The Canadian dollar was higher at midweek, along with a generally stronger tone for global stock indices. The dollar finished the day at US$0.7497 or US$1=C$1.3339, compared to Tuesday when it closed at US$0.7468 or US$1=C$1.3391. Global stock indices were stronger following a contentious first presidential debate. U.S. […] Read more

By MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The Canadian dollar was slightly stronger on Wednesday, following positive economic data.      At 8:40 CDT Wednesday morning the Canadian dollar was at US$0.7485 or US$1=C$1.3379, which compares with Tuesday’s North American close of US$0.7468 or US$1=C$1.3391. A recent report from Statistics Canada showed Canada’s GDP expanded by […] Read more

By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, along with losses in the stock market. The dollar finished the day at US$0.7468 or US$1=C$1.3391, compared to Monday when it closed at US$0.7475 or US$1=C$1.3378. A recent survey showed a large percentage of Canadian doctors are concerned flu vaccine […] Read more

By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was steady on Tuesday, due to a strengthening United States dollar.      At 8:40 CDT Tuesday morning the Canadian dollar was at US$0.7474 or US$1=C$1.3379, which compares with Monday’s North American close of US$0.7475 or US$1=C$1.3378. A recent report from Standard & Poor’s showed U.S. […] Read more

By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar was slightly higher to start the week. The dollar finished the day at US$0.7675 or US$1=C$1.3378, compared to Friday when it closed at US$0.7465 or US$1=C$1.3396. The President of Cleveland’s Federal Reserve Bank, Loretta Mester, said the U.S. must address gaps in economic opportunity across […] Read more

By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, along with a firm tone for global stock indices.      At 9:00 CDT Monday morning the Canadian dollar was at US$0.7472 or US$1=C$1.3383, which compares with Friday’s North American close of US$0.7465 or US$1=C$1.3396. Global stock indices were spurred by […] Read more

By MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its lowest levels in seven weeks relative to its United States counterpart amid heightened concerns over a second wave of COVID-19. The Canadian dollar closed at US$0.7465 or US$1=C$1.3396, which compares with Thursday’s North American close of US$0.7477 or US$1=C$1.3374. […] Read more

By MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar continued to weaken relative to its United States counterpart Friday morning, amid mounting concerns over a second-wave of the COVID-19 pandemic. At 9:18 CDT Friday morning the Canadian dollar was at US$0.7469 or C$1.3389 which was down from Thursday’s North American close of US$0.7477 or […] Read more

By MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The Canadian dollar was weaker on Thursday, retreating from earlier gains amid ongoing concerns over a second wave of COVID-19. The Canadian dollar closed at US$0.7477 or US$1=C$1.3374, which compares with Wednesday’s North American close of US$0.7486 or US$1=C$1.3358. Canada’s minority-Liberal government announced plans to increase pandemic spending, […] Read more