Currency Markets

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Oct. 18 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, hitting its lowest level relative to its United States counterpart in two weeks as mounting concerns over a wider Middle Eastern conflict had investors backing away from riskier assets in favour of safe havens like gold and the U.S. dollar. […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG – The Canadian dollar was slightly softer Wednesday morning despite gains in crude oil. At 8:48 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7319 or US$1=C$1.3663, which compares with Tuesday’s close of US$0.7328 or US$1=C$1.3647. MNP Ltd.’s consumer debt index, which tracks Canadians’ sentiments over their finances, showed that […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar lost ground on Tuesday, erasing some of Monday’s gains. The loonie closed at US$0.7328 or US$1=C$1.3647, compared to US$0.7343 or US$1=C$1.3619 on Monday. Statistics Canada (StatCan) reported earlier today that Canada’s annual inflation rate was down 0.2 of a point at 3.8 per cent in September. The United States Dollar […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar reversed direction on Tuesday as new economic data was released by Statistics Canada (StatCan). The loonie was at US$0.7316 or US$1=C$1.3669, lower than Monday’s close of US$0.7343 or US$1=C$1.3619. StatCan reported on Tuesday that Canada’s annual inflation rate went down 0.2 of a point to 3.8 per cent in September. […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian moved upwards by nearly one quarter of a United States cent on Monday. The loonie closed at US$0.7343 or US$1=C$1.3619, compared to US$0.7320 or US$1=C$1.3661 on Friday. The U.S. Dollar Index shed 0.44 of a point at 106.21. Crude oil prices eased off on Monday amid concerns over the conflict between […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was moving upwards on Monday morning despite an easing of crude oil prices. The loonie was at US$0.7341 or US$1=C$1.3622, higher than Friday’s close of US$0.7320 or US$1=C$1.3661. The United States Dollar Index was down 0.18 of a point at 106.47. Crude oil prices were lower as the world braces […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar held relatively steady on Friday, lacking any clear direction despite a rally in crude oil as the currency saw some consolidation ahead of the weekend. The Canadian dollar settled at US$0.7320 or US$1=C$1.3661 on Friday, which compares with Thursday’s close of US$0.7322 or US$1=C$1.3657. […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was slightly softer Friday morning despite gains in crude oil. At 8:57 a.m. CDT Friday morning the Canadian dollar was at US$0.7313 or US$1=C$1.3674, which compares with Thursday’s close of US$0.7322 or US$1=C$1.3657. Sales of existing homes in Canada fell by 1.9 per cent […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar weakened relative to its United States counterpart on Thursday as U.S. inflation data beat expectations. The Canadian dollar settled at US$0.7322 or US$1=C$1.3657 on Thursday, which compares with Wednesday’s close of US$0.7351 or US$1=C$1.3603. Inflation in the U.S. held steady in September, with the […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning. At 9:11 a.m. CDT Thursday morning the Canadian dollar was at US$0.7333 or US$1=C$1.3637, which compares with Wednesday’s close of US$0.7351 or US$1=C$1.3603. Inflation in the U.S. held steady in September, with the country’s […] Read more