Currency Markets

By MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The Canadian dollar finished over 75 United States cents on Tuesday, despite weakness in financial markets. The dollar finished the day at US$0.7524 or US$1=C$1.3291, compared to Monday when it closed at US$0.7488 or US$1=C$1.3354. Losses in U.S. stock indices were led by poor performances in the tech […] Read more

By MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, moving back above 75 U.S. cents. At 8:54 CDT Tuesday morning the Canadian dollar was at US$0.7520 or C$1.3298 which compares with Monday’s North American close of US$0.7488 or C$1.3354. Optimism over economic stimulus measures in the United States accounted for […] Read more

By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, boosted by strong performances in the financial sector and crude oil values. The dollar finished the day at US$0.7488 or US$1=C$1.3354, compared to Friday when it closed at US$0.7476 or US$1=C$1.3377. United States stock indices were higher on Monday following […] Read more

By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning, with gains in crude oil providing some underlying support for the currency. At 8:58 CDT Monday morning the Canadian dollar was at US$0.7495 or C$1.3342 which compares with Friday’s North American close of US$0.7476 or C$1.3377. Improving manufacturing data out […] Read more

By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday as trade issues with the United States weighed on the currency. The Canadian dollar closed at US$0.7476 or US$1=C$1.3377, which compares with Thursday’s North American close of US$0.7523 or US$1=C$1.3292. Canada is threatening retaliatory measures after the U.S. announced it […] Read more

By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The Canadian dollar fell under 75 U.S. cents on Friday morning, ahead of the coming tariff battle between Canada and the United States. As of 9:00 CDT, the Canadian dollar was at US$0.7479 or C$1.3372, compared to Thursday’s close of US$0.7523 or C$1.3292. On Thursday, U.S. President Donald […] Read more

By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday, backing away from the five-month highs hit the previous session. Positioning ahead of the latest jobs data from the United States, due out on Friday, accounted for some of the activity. The Canadian dollar closed at US$0.7523 or US$1=C$1.3292, which […] Read more

By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The Canadian dollar eased back on Thursday morning, despite increases in crude oil and the TSX. As of 8:37 CDT, the Canadian dollar was at US$0.7527 or C$1.3284, compared to Wednesday’s close of US$0.7540 or C$1.3262. Benchmark crude oil prices were slightly higher on Thursday morning, following news […] Read more

By MarketsFarm WINNIPEG, Aug. 5 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, hitting its highest levels in more than five months as gains in crude oil and general weakness in the United States Dollar Index provided support. The Canadian dollar closed at US$0.7540 or US$1=C$1.3262, which compares with Tuesday’s North American close of […] Read more

By MarketsFarm WINNIPEG, Aug. 5 (MarketsFarm) – The Canadian dollar surged past 75 U.S. cents on Wednesday morning, gaining strength from higher crude oil prices and the continued weakness in the United States dollar. As of 8:56 CDT, the Canadian dollar was at US$0.7549 or C$1.3244, compared to Tuesday’s close of US$0.7478 or C$1.3372. Benchmark […] Read more