Currency Markets

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was slowly moving its way upwards on Wednesday morning. The loonie was at US$0.7386 or US$1=C$1.3539, up from US$0.7375 or US$1=C$1.3560 on Tuesday. The United States Dollar Index was virtually unchanged, down by 0.01 of a point to 104.70. The U.S. Labor Department reported today that the consumer price index […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar made another gain on Tuesday supported by rising crude oil prices. The loonie closed at US$0.7375 or US$1=C$1.3560, compared to US$0.7363 or US$1=C$1.3581 on Monday. The U.S. Dollar Index was up 0.17 of a point at 104.74. Brent crude oil rose US$1.49 at US$92.13 per barrel. West Texas Intermediate (WTI) […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar continued its upward climb on Tuesday. The loonie was at US$0.7371 or US$1=C$1.3567, up from US$0.7363 or US$1=C$1.3581 on Monday. The United States Dollar Index strengthened by 0.28 of a point to 104.85. Crude oil jumped due to high demand and supply cuts from Russia and Saudi Arabia. Brent crude […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar bumped up more than a quarter of a United States cent on Monday. The loonie closed at US$0.7363 or US$1=C$1.3581, compared to US$0.7336 or US$1=C$1.3632 on Friday. The U.S. Dollar Index lost 0.56 of a point at 104.53. Brent crude oil eased off US$0.07 at US$90.58 per barrel. West Texas […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was charging upwards to start the week. The loonie was at US$0.7368 or US$1=C$1.3572, up from US$0.7336 or US$1=C$1.3632 on Friday. The United States Dollar Index weakened by 0.48 of a point to 104.61. Crude oil continued its rise on the strength of supply cuts from Russia and Saudi Arabia. […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The Canadian dollar recovered some lost ground on Friday, as crude oil prices crept higher. The loonie closed at US$0.7336 or US$1=C$1.3632, compared to Thursday’s finish of US$0.7313 or US$1=C$1.3674. On the U.S. Dollar Index, the greenback was relatively steady, inching up 0.027 of a point at […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – There was an upward bump in the Canadian dollar on Friday morning, due to higher crude oil prices and a small decline in the United States dollar. As of 8:33 am CDT, the loonie was at US$0.7341 or C$1.3624, compared to Thursday’s close of US$0.7313 or US$1=C$1.3674. On […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – The Canadian dollar inched lower Thursday, as the United States dollar was higher and crude oil prices were pinch lower. The loonie closed at US$0.7313 or US$1=C$1.3674, compared to Wednesday’s finish of US$0.7324 or US$1=C$1.3654. On the U.S. Dollar Index, the greenback added 0.220 of a point […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning, despite a bump up in the United States dollar and slight losses in crude oil prices. As of 8:33 am CDT, the loonie was at US$0.7325 or C$1.3658, compared to Wednesday’s close of US$0.7324 or US$1=C$1.3654. On the U.S. […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Sept. 6 (MarketsFarm) – The Canadian dollar slipped on Wednesday, following the Bank of Canada’s announcement it kept its key interest rate at five per cent. The loonie closed at US$0.7324 or US$1=C$1.3654, compared to Tuesday’s finish of US$0.7338 or US$1=C$1.3627. On the U.S. Dollar Index, the greenback was relatively steady […] Read more