Currency Markets

By MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The Canadian dollar lost about three-tenths of a cent on Thursday morning, due to lower crude oil prices. As of 8:47 CDT, the Canadian dollar was at US$0.7560 or C$1.3222, compared to Wednesday’s close of US$0.7594 or C$1.3168. Benchmark crude oil prices were lower Thursday morning, as production […] Read more

By MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – The Canadian dollar was virtually unchanged on Wednesday morning, as there was little movement in its United States counterpart. As of 8:37 CDT, the Canadian dollar was at US$0.7589 or C$1.3185, compared to Tuesday’s close of US$0.7590 or C$1.3176. Benchmark crude oil prices were higher Wednesday morning, due […] Read more

By MarketsFarm WINNIPEG, Sept. 15 (MarketsFarm) – The Canadian dollar was unchanged on Tuesday, as an improving economy fended off pressure for the dollar to slip back. The loonie finished at US$0.7590 or US$1=C$1.3175 for a second day. Statistics Canada reported that factory sales in July increased seven per cent. Also, the Canadian Real Estate […] Read more

By MarketsFarm WINNIPEG, Sept. 15 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning, hovering around 76 United States cents as the U.S. Dollar Index was weaker. As of 8:39 CDT, the Canadian dollar was at US$0.7602 or C$1.3155, compared to Monday’s close of US$0.7590 or C$1.3175. Benchmark crude oil prices were higher […] Read more

By MarketsFarm WINNIPEG, Sept. 14 (MarketsFarm) – The Canadian dollar was relatively steady on Monday, as hopes for a COVID-19 vaccine spurred the equities markets. The Canadian dollar finished at US$0.7590 or US$1=C$1.3175, compared to Friday when it closed at US$0.7584 or US$1=C$1.3186. Benchmark crude oil prices were steady to lower on Monday, as projections […] Read more

By MarketsFarm WINNIPEG, Sept. 14 (MarketsFarm) – The Canadian dollar was relatively steady on Monday morning, as the United States dollar Index slipped under 93.00 points. As of 8:41 CDT, the Canadian dollar was at US$0.7589 or C$1.3171, compared to Friday’s close of US$0.7584 or C$1.3186. Benchmark crude oil prices were on slightly lower Monday […] Read more

By MarketsFarm WINNIPEG, Sept. 11 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday. The Canadian dollar closed at US$0.7584 or US$1=C$1.3186, which compares with Thursday’s North American close of US$0.7598 or US$1=C$1.3162. Canada’s industrial capacity fell to a record low of 70.3 per cent in the second quarter, according to a report from […] Read more

By MarketsFarm WINNIPEG, Sept. 11 (MarketsFarm) – The Canadian dollar was lower on Friday, due to comparable strength in United States currency.      At 8:35 CDT Friday morning the Canadian dollar was at US$0.7584 or US$1=C$1.3185, which compares with Thursday’s North American close of US$0.7598 or US$1=C$1.3162. Global stock markets were higher to start the […] Read more

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The Canadian dollar was firmer on Thursday, as investors reacted to the latest comments from Bank of Canada governor Tiff Macklem. The Canadian dollar closed at US$0.7598 or US$1=C$1.3162, which compares with Wednesday’s North American close of US$0.7591 or US$1=C$1.3173. Speaking after the Bank left its key overnight […] Read more

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday, edging above 76 United States cents.      At 8:45 CDT Thursday morning the Canadian dollar was at US$0.7617 or US$1=C$1.3128, which compares with Wednesday’s North American close of US$0.7591 or US$1=C$1.3173. Global stock markets were higher to start the day, […] Read more