Currency Markets

By MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The Canadian dollar was higher on Monday, as the United States dollar remained on its downward swing compared to other world currencies that are considered to be safe havens. The loonie finished at US$0.7475 or US$1=C$1.3378, compared to Friday when it closed at US$0.7451 or US$1=C$1.3421. With fears […] Read more

By MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The Canadian dollar was pushing upward on Monday morning, as the United States dollar continued to slip against other major world currencies. As of 8:40 CDT, the Canadian dollar was at US$0.7464 or C$1.3398, compared to Friday’s close of US$0.7451 or C$1.3421. Benchmark crude oil prices were slightly […] Read more

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The Canadian dollar was slightly lower on Friday, giving up a little bit of strength to the United States dollar, despite the latter remaining weak against other major world currencies. The loonie finished at US$0.7451 or US$1=C$1.3421, compared to Thursday when it closed at US$0.7467 or US$1=C$1.3392. Benchmark […] Read more

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The Canadian dollar was slightly lower on Friday morning.      At 8:55 CDT Friday morning the Canadian dollar was at US$0.7443 or US$1=C$1.3399, which compares with Thursday’s North American close of US$0.7467 or US$1=C$1.3392. The United States dollar continues to slip against other major world currencies due to […] Read more

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday as the United States dollar continued to lose ground to other major world currencies. The loonie finished at US$0.7467 or US$1=C$1.3392, compared to Wednesday when it closed at US$0.7452 or US$1=C$1.3420. The U.S. greenback gave up 0.16 per cent to […] Read more

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The Canadian dollar was steady on Thursday morning.      At 9:10 CDT Wednesday morning the Canadian dollar was at US$0.7457 or US$1=C$1.3399, which compares with Wednesday’s North American close of US$0.7452 or US$1=C$1.3420. Spiking COVID-19 cases have caused concerns that economic re-opening measures may soon be rolled back. […] Read more

By MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The Canadian dollar was slightly higher on Wednesday as the United States Dollar Index dipped. The loonie finished at US$0.7452 or US$1=C$1.3420, compared to Tuesday when it closed at US$0.7437 or US$1=C$1.3446. The index edged down 0.17 per cent against other major world currencies at 94.900. The loonie […] Read more

WINNIPEG, July 22 (MarketsFarm) – The Canadian dollar was stronger on Wednesday morning, staying over 74 U.S. cents.      At 9:00 CDT Wednesday morning the Canadian dollar was at US$0.7463 or US$1=C$1.3399, which compares with Tuesday’s North American close of US$0.7437 or US$1=C$1.3446. Positive economic data was one driver of the Canadian dollar. Statistics Canada […] Read more

By MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The Canadian dollar jumped more than a half cent on Tuesday, reaching a five-week high. The rise in the loonie was propelled by the futures markets’ positive sentiment towards a COVID-19 vaccine, an increase in crude oil prices, and a significant jump in the price of gold. The […] Read more