Currency Markets

By MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, due to prolonged weakness in United States currency. The dollar finished the day at US$0.7593 or US$1=C$1.3170, compared to Monday when it closed at US$0.7572 or US$1=C$1.3207. Former foreign affairs minister and current deputy prime minister Chrystia Freeland will be Canada’s […] Read more

By MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – The Canadian dollar was stronger on Tuesday morning, staying just under 76 cents due to comparable weakness in other global currencies.      At 9:00 CDT Tuesday morning the Canadian dollar was at US$0.7598 or US$1=C$1.3161, which compares with Monday’s North American close of US$0.7572 or US$1=C$1.3207. Finance Minister […] Read more

By MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – The Canadian dollar was stronger on Monday, reacting to prolonged weakness in United States currency. The dollar finished the day at US$0.7572 or US$1=C$1.3207, compared to Friday when it closed at US$0.7547 or US$1=C$1.3250. Global stock indices were mostly higher on Monday, with gains led by strong performances […] Read more

By MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – The Canadian dollar was slightly lower on Monday morning.      At 8:55 CDT Friday morning the Canadian dollar was at US$0.7544 or US$1=C$1.3255, which compares with Friday’s North American close of US$0.7547 or US$1=C$1.3250. Prime Minister Justin Trudeau is set to meet with Finance Minister Bill Morneau today […] Read more

By MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The Canadian dollar was slightly lower on Friday, due to continued economic uncertainty posed by the COVID-19 pandemic. The dollar finished the day at US$0.7547 or US$1=C$1.3250, compared to Thursday when it closed at US$0.7566 or US$1=C$1.3212. Global stock indices showed mixed performances following United States Congress breaking […] Read more

WINNIPEG, Aug. 14 (MarketsFarm) – The Canadian dollar was slightly weaker Friday morning, as the currency backed away from the six-month highs relative to its United States counterpart hit earlier in the week. At 8:43 CDT Friday morning the Canadian dollar was at US$0.7552 or C$1.3242 which compares with Thursday’s North American close of US$0.7566 […] Read more

By MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – The Canadian dollar was stronger on Thursday. The dollar finished the day at US$0.7566 or US$1=C$1.3212, compared to Wednesday when it closed at US$0.7545 or US$1=C$1.3254. Global stock indices showed mixed performances following news that United States weekly unemployment insurance claims fell below one million, for the first […] Read more

By MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – The Canadian dollar was firmer Thursday morning, touching fresh six-month highs relative to its United States counterpart. At 9:10 CDT Thursday morning the Canadian dollar was at US$0.7568 or C$1.3214 which compares with Wednesday’s North American close of US$0.7545 or C$1.3254. General weakness in the U.S. dollar internationally […] Read more

By MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as gains in crude oil provided some support for the energy-linked currency. At 8:58 CDT Wednesday morning the Canadian dollar was at US$0.7536 or C$1.3266 which compares with Tuesday’s North American close of US$0.7524 or C$1.3291. Crude oil was underpinned amid […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Wednesday morning, ahead of August’s World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). The WASDE is expected to have a generally bearish influence on the market. Gains in Chicago soyoil prevented […] Read more