Currency Markets

By MarketsFarm   WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was holding steady Wednesday morning, lacking any clear direction. At 8:57 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7361 or US$1=C$1.3585, which compares with Tuesday’s close of US$0.7358 or US$1=C$1.3591. The value of building permits issued in Canada increased by 3.4 per […] Read more

By MarketsFarm   WINNIPEG, Oct. 10 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, rebalancing with its United States counterpart after Canadian markets were closed Monday for Thanksgiving. The Canadian dollar settled at US$0.7358 or US$1=C$1.3591 on Tuesday, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. The conflict between Hamas and Israel caused […] Read more

WINNIPEG (MarketsFarm) – The Canadian dollar was stronger Tuesday morning as activity resumed after Monday’s Thanksgiving holiday. At 8:55 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7357 or US$1=C$1.3592, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. The conflict between Hamas and Israel caused crude oil bids to jump higher on Monday […] Read more

Compiled by MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar returned above 73 United States cents on Friday, getting assistance from a lower U.S. dollar and slightly improved crude oil prices. The loonie closed at US$0.7308 or US$1=C$1.3683, compared to Thursday’s finish of US$0.7282 or US$1=C$1.3733. On the U.S. Dollar Index, the greenback was […] Read more

By MarketsFarm   WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was firmer Friday morning, as currency traders reacted to updated North American jobs data. At 8:55 a.m. CDT Friday morning the Canadian dollar was at US$0.7287 or US$1=C$1.3723, which compares with Thursday’s close of US$0.7282 or US$1=C$1.3733. Canada added 64,000 jobs in September, with […] Read more

WINNIPEG – The Canadian dollar made its first gain since Sept. 28 on Thursday, albeit a small one. The loonie closed at US$0.7282 or US$1=C$1.3733, compared to US$0.7276 or US$1=C$1.3743 on Wednesday. The United States Dollar Index shed 0.45 of a point at 106.35. Crude oil prices were still in a downturn on Thursday due […] Read more

WINNIPEG – The Canadian dollar was unchanged on Thursday morning despite an ongoing decline in crude oil prices. The loonie was at US$0.7276 or US$1=C$1.3743, the same value as the Bank of Canada’s (BoC) closing exchange rate on Wednesday. The United States Dollar Index was down 0.14 of a point at 106.66. Demand concerns continued […] Read more

WINNIPEG – The Canadian dollar fell to its lowest level since late March on Wednesday. The loonie closed at US$0.7276 or US$1=C$1.3743, compared to US$0.7293 or US$1=C$1.3711 on Tuesday. The United States Dollar Index lost 0.25 of a point at 106.75. Crude oil prices collapsed on Wednesday with analysts warning of “demand destruction”. However, there […] Read more

WINNIPEG – The Canadian dollar moved further away from the 73 United States cent mark on Wednesday morning, pulled back by crude oil prices. The loonie was at US$0.7282 or US$1=C$1.3732, down from US$0.7293 or US$1=C$1.3711 on Tuesday. The U.S. Dollar Index retreated from levels unseen in 11 months, losing 0.32 of a point at […] Read more

WINNIPEG – The Canadian dollar fell below the 73 United States cent mark on Tuesday. The loonie closed at US$0.7293 or US$1=C$1.3711, compared to US$0.7396 or US$1=C$1.3520 on Friday. While the Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the National Day For Truth And Reconciliation, that afternoon […] Read more