Currency Markets

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer relative to its United States counterpart on Monday, seeing a modest correction to start the week after hitting six-week highs on Friday. The Canadian dollar settled at US$0.7334 or US$1=C$1.3635 on Monday, which compares with Friday’s close of US$0.7341 or US$1=C$1.3623. West […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, with weakness in crude oil pressuring the energy-linked currency. At 8:45 a.m. CST Monday morning the Canadian dollar was trading at US$0.7327 or US$1=C$1.3648, which compares with Friday’s close of US$0.7341 or US$1=C$1.3623. The Organization of Petroleum Exporting Countries […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar gained a little more than four-tenths of a U.S. cent on Thursday, as the United States dollar took a hard hit, but losses in crude oil tempered further upticks. The loonie closed at US$0.7341 or US$1=C$1.3623, compared to Thursday’s finish of US$0.7300 or US$1=C$1.3699. […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar higher on Friday morning, as its United States counterpart pulled back. As of 8:34 am CST, the loonie was at US$0.7335 or C$1.3632, compared to Thursday’s close of US$0.7300 or US$1=C$1.3699. On the U.S. Dollar Index, the greenback gave up 0.380 of a point at […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar finished at 73 United States on Thursday, exactly where the loonie closed on Tuesday. The loonie closed at US$0.7300 or US$1=C$1.3699, compared to Wednesday’s finish of US$0.7287 or US$1=C$1.3723. On the United States Dollar Index, the greenback slipped 0.170 of a point at 103.655. […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar was higher on Thursday morning, looking to return above 73 U.S. cents. As of 8:34 am CST, the loonie was at US$0.7298 or C$1.3702, compared to Wednesday’s close of US$0.7287 or US$1=C$1.3723. On the United States Dollar Index, the greenback dipped 0.050 of a point […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The Canadian dollar eased back on Wednesday; after Bank of Canada governor Tiff Macklem stated the federal government’s new spending plans were helpful to the central bank’s monetary policy. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to Tuesday’s finish of US$0.7300 or US$1=C$1.3698. On the United […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The Canadian dollar stepped back on Wednesday morning, the day after finance minister Chrystia Freeland presented her fall fiscal update that provides C$20.6 billion over six years in new spending. As of 8:37 am CST, the loonie was at US$0.7277 or C$1.3747, compared to Tuesday’s close of US$0.7300 […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The Canadian dollar bumped up on Tuesday, shortly after Canadian deputy prime minister and finance minister Chrystia Freeland presented the federal government’s fall fiscal update. The loonie closed at US$0.7300 or US$1=C$1.3698, compared to Monday’s finish of US$0.7285 or US$1=C$1.3726. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning, following Statistics Canada’s monthly report on inflation. As of 8:35 am CST, the loonie was at US$0.7299 or C$1.3709, compared to Monday’s close of US$0.7285 or US$1=C$1.3726. On the U.S. Dollar Index, the greenback was down 0.207 of a point […] Read more