Currency Markets

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The Canadian dollar continued to slide back on Tuesday, coming very close to the 74 U.S. cent mark as the United States dollar bumped up and crude oil prices dipped. The loonie closed at US$0.7402 or US$1=C$1.3509, compared to Monday’s finish of US$0.7423 or US$1=C$1.3471. On the […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was pulled lower on Tuesday morning, due to small losses in crude oil while the United States dollar inched up slightly. As of 8:44 am CDT, the loonie was at US$0.7410 or C$1.3493, compared to Monday’s close of US$0.7423 or US$1=C$1.3471. On the U.S. Dollar Index, the greenback was up […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar was a pinch softer on Monday, due to strength in the United States dollar and weakness in crude oil prices. The loonie closed at US$0.7423 or US$1=C$1.3471, compared to Friday’s finish of US$0.7427 or US$1=C$1.3464. On the U.S. Dollar Index, the greenback added 0.390 […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar slightly lower on Monday morning, due to upticks in the United States dollar and despite slight gains in crude oil prices. As of 8:33 am CDT, the loonie was at US$0.7418 or C$1.3480, compared to Friday’s close of US$0.7427 or US$1=C$1.3464. On the U.S. Dollar […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was firmer on Friday, seeing a recovery after Thursday’s losses as currency traders adjusted positions ahead of the weekend. The Canadian dollar settled at US$0.7427 or US$1=C$1.3464 on Friday, which compares with Thursday’s close of US$0.7415 or US$1=C$1.3486. Canadian retail sales were up by […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 22 (MarketsFarm) – The Canadian dollar was firmer Friday morning, with gains in crude oil providing some support. At 8:37 a.m. CDT Friday morning the Canadian dollar was at US$0.7436 or US$1=C$1.3448, which compares with Thursday’s close of US$0.7415 or US$1=C$1.3486. Canadian retail sales were up by 0.3 per cent […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as broad strength in the United States dollar internationally weighed on the domestic currency as the U.S. Federal Reserve was seen taking a more hawkish stance on monetary policy going forward. The Canadian dollar settled at US$0.7415 or US$1=C$1.3423 on […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was softer Thursday morning, backing away from the six-week highs relative to its United States counterpart hit on Wednesday. At 8:37 a.m. CDT Thursday morning the Canadian dollar was at US$0.7410 or US$1=C$1.3495, which compares with Wednesday’s close of US$0.7450 or US$1=C$1.3423. Canada’s unemployment […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Sept. 20 (MarketsFarm) – The Canadian dollar held relatively steady on Wednesday as currency traders reacted to the latest interest rate decision from the United States Federal Reserve. The Fed kept its key overnight rate unchanged but hinted that another hike was likely before the end of the year. The Canadian […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The Canadian dollar was slightly firmer Wednesday morning as market participants await the latest interest rate decision from the United States Federal Reserve. At 8:50 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7457 or US$1=C$1.3410, which compares with Tuesday’s close of US$0.7448 or US$1=C$1.3426. It’s generally […] Read more