Currency Markets

By MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, seeing a continuation of Wednesday’s losses relative to its United States counterpart. At 9:23 CDT Thursday morning the Canadian dollar was at US$0.7470 or C$1.3387 which was down from Wednesday’s North American close of US$0.7486 or C$1.3358. Concerns over the COVID-19 […] Read more

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, falling below 75 U.S. cents as markets reacted to the Canadian government’s pandemic recovery plan. The Canadian dollar closed at US$0.7486 or US$1=C$1.3358, which compares with Tuesday’s North American close of US$0.7513 or US$1=C$1.3310. The Liberal’s speech from the throne included […] Read more

By MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The Canadian dollar was slightly weaker Wednesday morning, with renewed pandemic concerns and weaker-than-expected economic data out of Europe causing investors to look to the safe haven United States currency. At 9:02 CDT Wednesday morning the Canadian dollar was at US$0.7496 or C$1.3293 which was down from Tuesday’s […] Read more

By MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, as investors adjusted positions after Monday’s large drop relative to the United States currency. The Canadian dollar closed at US$0.7513 or US$1=C$1.3310, which compares with Monday’s North American close of US$0.7523 or US$1=C$1.3293. The Canadian federal government is set to […] Read more

By MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was holding steady Tuesday morning, seeing some stability after falling to six-week lows relative to its United States counterpart on Monday. At 9:01 CDT Tuesday morning the Canadian dollar was at US$0.7523 or C$1.3293 which was unchanged from Monday’s North American close of US$0.7523 or […] Read more

By MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was weaker on Monday, as the global surge in COVID-19 reported cases and lower crude oil prices weighed on values. The dollar finished at US$0.7523 or US$=C$1.3293, compared to Friday’s close of US$0.7584 or US$1=C$1.3186. Conversely, the United States Dollar Index climbed to 93.590 points, […] Read more

By MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was lower on Monday, due to a stronger United States dollar index.      At 8:50 CDT Monday morning the Canadian dollar was at US$0.7535 or US$1=C$1.3271, which compares with Friday’s North American close of US$0.7584 or US$1=C$1.3186. Global stock indices started the week lower, as […] Read more

By MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The Canadian dollar bumped up a little on Friday, getting support from increases in wholesale trade and retail sales reports. The dollar finished at US$0.7584 or US$=C$1.3186, compared to Thursday’s close of US$0.7576 or US$1=C$1.3200. Statistics Canada reported the wholesale trade rose 4.3 per cent in July, more […] Read more

By MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – The Canadian dollar was relatively steady on Friday morning, getting a little bit of strength from the Statistics Canada report citing retail sales rose 0.6 per cent in July. As of 8:44 CDT, the Canadian dollar was at US$0.7584 or C$1.3192, compared to Thursday’s close of US$0.7576 or […] Read more

By MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The Canadian dollar was lower Thursday, as Western Canadian Select crude oil failed to keep pace with gains in major benchmark crudes. The loonie dropped to its lowest since Aug. 25. The dollar finished at US$0.7576 or US$=C$1.3200, compared to Wednesday’s close of US$0.7594 or US$1=C$1.3168. WCS crude […] Read more