Currency Markets

By MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – The Canadian dollar was firmer on Wednesday, seeing a modest correction after Tuesday’s sharp decline relative to its United States counterpart. The Canadian dollar closed at US$0.7591 or US$1=C$1.3173, which compares with Tuesday’s North American close of US$0.7581 or US$1=C$1.3191. The Bank of Canada kept its key overnight […] Read more

By MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – The Canadian dollar was slightly lower on Wednesday morning, due to comparable strength in the United States dollar.      At 8:40 CDT Wednesday morning the Canadian dollar was at US$0.7577 or US$1=C$1.3197, which compares with Tuesday’s North American close of US$0.7581 or US$1=C$1.3191. Global stock market participants continue […] Read more

By MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The Canadian dollar was sharply weaker relative to its United States counterpart on Tuesday, as losses in crude oil and broad gains in the U.S. dollar index weighed on the currency. The Canadian dollar closed at US$0.7581 or US$1=C$1.3191, which compares with Friday’s North American close of US$0.7640 […] Read more

By MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The Canadian dollar was lower on Tuesday morning, following the Labour Day long weekend.      At 8:35 CDT Tuesday morning the Canadian dollar was at US$0.7594 or US$1=C$1.3168, which compares with Friday’s North American close of US$0.7640 or US$1=C$1.3089. Global stock market participants continue to monitor the race […] Read more

By MarketsFarm WINNIPEG, Sept. 4 (MarketsFarm) – The Canadian dollar was stronger ahead of the Labour Day long weekend. The dollar finished the day at US$0.7654 or US$1=C$1.3064, compared to Thursday when it closed at US$0.7620 or US$1=C$1.3123. The TSX Composite Index lost 230.88 points to close at 16,218.01. Benchmark crude oil prices were weaker. […] Read more

By MarketsFarm WINNIPEG, Sept. 4 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning, with monthly jobs data providing some support. At 8:57 CDT Friday morning the Canadian dollar was at US$0.7628 or C$1.3110 which compares with Thursday’s North American close of US$0.7620 or C$1.3123. Canada added 245,800 jobs in August, according to a […] Read more

By MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – The Canadian dollar was lower at Thursday’s close. The dollar finished the day at US$0.7620 or US$1=C$1.3123, compared to Wednesday when it closed at US$0.7653 or US$1=C$1.3067. The TSX Composite Index lost 249.07 points to close at 16,448.90. Benchmark crude oil prices were weaker. West Texas Intermediate (WTI) […] Read more

By MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, with losses in crude oil behind some of the selling pressure. At 9:15 CDT Thursday morning the Canadian dollar was at US$0.7631 or C$1.3104 which compares with Wednesday’s North American close of US$0.7653 or C$1.3067. Canada’s trade deficit widened to C$2.45 […] Read more

By MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The Canadian dollar was slightly lower on Wednesday’s close. The dollar finished the day at US$0.7653 or US$1=C$1.3067, compared to Tuesday when it closed at US$0.7660 or US$1=C$1.3055. The TSX Composite Index gained 52.98 points to close at 16,697.97. Benchmark crude oil prices were weaker. West Texas Intermediate […] Read more

By MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, with broad strength in the United States dollar index putting some pressure on the currency. At 9:19 CDT Wednesday morning the Canadian dollar was at US$0.7643 or C$1.3084 which compares with Tuesday’s North American close of US$0.7660 or C$1.3055. Crude oil […] Read more