Currency Markets

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, July 10 (MarketsFarm) – The Canadian dollar was relatively steady on Monday, nudging up a small amount in light of a weaker United States dollar. The loonie closed at US$0.7528 or US$1=C$1.3284, compared to Friday’s finish of US$0.7523 or US$1=C$1.3293. On the U.S. Dollar Index the greenback was down 0.315 of […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar rebounded above 75 United States cents to end the week. The loonie closed at US$0.7523 or US$1=C$1.3292 on Friday, compared to US$0.7492 or US$1=C$1.3348 on Thursday. Statistics Canada (StatCan) reported earlier today that 60,000 jobs were added in June, but the unemployment rate rose to 5.4 per cent. The U.S. […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar found its way above the 75 United States cent mark on Friday morning. The loonie was at US$0.7508 or US$1=C$1.3319, up from US$0.7492 or US$1=C$1.3348 on Thursday. Statistics Canada reported earlier today that the country added 60,000 jobs in June, but the unemployment rate rose to 5.4 per cent, the […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar closed below 75 United States cents for the first time since June 12 on Thursday. The loonie closed at US$0.7492 or US$1=C$1.3348 on Thursday, compared to US$0.7534 or US$1=C$1.3273 on Wednesday. Statistics Canada (StatCan) reported earlier today that the country posted a C$3.4 billion trade deficit in May, the largest […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar continued its downturn on Thursday morning. The loonie was at US$0.7512 or US$1=C$1.3312, down from US$0.7534 or US$1=C$1.3273 on Wednesday. The United States Dollar Index declined 0.24 points to 103.13. Despite another draw from U.S. stockpiles and supply curbs from Saudi Arabia and Russia, crude oil was in decline. Brent […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar fell to its lowest close in three weeks on Wednesday. The loonie closed at US$0.7534 or US$1=C$1.3273 on Wednesday, compared to US$0.7565 or US$1=C$1.3219 on Tuesday. The United States Dollar Index advanced 0.32 of a point at 103.36. Minutes from the U.S. Federal Reserve’s meeting in June, which were released […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar took a step back on Wednesday morning. The loonie was at US$0.7545 or US$1=C$1.3254, down from US$0.7565 or US$1=C$1.3219 on Tuesday. The United States Dollar Index declined 0.06 points to 102.98. U.S. markets were closed on Tuesday for the Independence Day holiday. Crude oil made variable gains after Saudi Arabia […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar began the month of July on a high note. The loonie closed at US$0.7565 or US$1=C$1.3219 on Tuesday, compared to US$0.7553 or US$1=C$1.3240 on June 30. The Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the Canada Day holiday. The United States Dollar […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar moved higher coming out of the Canada Day long weekend. The loonie was at US$0.7572 or US$1=C$1.3207, up from US$0.7553 or US$1=C$1.3240 on Friday. The Bank of Canada (BoC) didn’t post a closing exchange rate on July 3 due to the Canada Day holiday. The United States Dollar Index declined […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar was firmer on Friday, finding support from gains in crude oil ahead of the Canada Day long weekend. The Canadian dollar settled at US$0.7553 or US$1=C$1.3240 on Friday, which compares with Thursday’s close of US$0.7544 or US$1=C$1.3255. Canada’s real domestic product held steady in […] Read more