Currency Markets

Reading Time: < 1 minute WINNIPEG – The Canadian dollar has inched upwards after the release of economic data from Statistics Canada (StatCan). The loonie was at US$0.7549 or US$1=C$1.3247, up from US$0.7544 or US$1=C$1.3255 on Thursday. StatCan reported earlier today that the country’s economy grew by 0.4 per cent in May, leaving the possibility open for another key interest […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar stayed steady on Thursday despite a stronger United States greenback. The loonie closed at US$0.7544 or US$1=C$1.3255, compared to US$0.7545 or US$1=C$1.3254 on Wednesday. The U.S. Dollar Index jumped 0.42 of a point at 103.33. Crude oil made its way upwards on Thursday after a decline in U.S. stockpiles. However, […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar continued to weaken on Thursday after one of its biggest one-day drops in months on Wednesday. The loonie was at US$0.7532 or US$1=C$1.3277, down from US$0.7545 or US$1=C$1.3254 on Wednesday. The United States Dollar Index showed its strength again, gaining 0.44 of a point at 103.34. A decline in U.S. […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, June 28 (MarketsFarm) – The Canadian dollar was weaker on Wednesday as the United States dollar added strength, however the loonie’s retreat was tempered by higher crude oil prices. The dollar closed at US$0.7545 or US$1=C$1.3254, compared to Tuesday’s finish of US$0.7590 or US$1=C$1.3175. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, June 28 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, seeing a continuation of Tuesday’s losses relative to its United States counterpart. At 8:59 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7544 or US$1=C$1.3256, which compares with Tuesday’s close of US$0.7590 or US$1=C$1.3175. Canada’s annual rate of inflation […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 27 (MarketsFarm) – The Canadian dollar was weaker slightly weaker on Tuesday, backing away from the nine-month highs hit Monday as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7590 or US$1=C$1.3175 on Tuesday, which compares with Monday’s close of US$0.7604 or US$1=C$1.3151. Canada’s annual […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, June 27 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, backing away from the nine-month highs hit the previous day. At 8:41 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7596 or US$1=C$1.3165, which compares with Monday’s close of US$0.7604 or US$1=C$1.3151. Canada’s annual rate of inflation fell […] Read more

Reading Time: < 1 minute WINNIPEG, June 26 (MarketsFarm) – The Canadian dollar was stronger on Monday, hitting its highest level in nine-months relative to its United States counterpart. Chart-based positioning was a feature as the currency pair tested some key technical levels. The Canadian dollar settled at US$0.7604 or US$1=C$1.3151 on Monday, which compares with Friday’s close of US$0.7576 […] Read more

Reading Time: < 1 minute By MarketsFarm   WINNIPEG, June 26 (MarketsFarm) – The Canadian dollar was stronger Monday morning, nearing the psychological 75 U.S. cents level. At 8:49 a.m. CDT Monday morning the Canadian dollar was at US$0.7597 or US$1=C$1.3163, which compares with Friday’s close of US$0.7576 or US$1=C$1.3199. There were no significant domestic economic releases on Monday, with […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The Canadian dollar gave up almost a quarter of a cent on Friday due to pressure from a stronger United States dollar. The loonie closed at US$0.7576 or US$1=C$1.3199, compared to Thursday’s finish of US$0.7599 or US$1=C$1.3160. The greenback advanced 0.531 of a point at 102.525 on […] Read more