Currency Markets

Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar continued to pull back on Friday morning as the United States dollar made small gains. However, upticks in crude oil prices tempered further declines. As of 8:35 am CDT, the loonie was at US$0.7415 or C$1.3487, compared to Thursday’s close of US$0.7420 or US$1=C$1.3377. On […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar plunged more than a half cent on Thursday as the United States dollar gained strength and crude oil prices fell back. The Canadian dollar closed at US$0.7420 or US$1=C$1.3377, compared to Wednesday’s finish of US$0.7477 or US$1=C$1.3375. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was weaker Thursday morning due to an upswing in its United States counterpart and a drop in crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7425 or C$1.3466, compared to Wednesday’s close of US$0.7477 or US$1=C$1.3375. On the U.S. Dollar Index, […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was slightly stronger on Wednesday making gains on declines in its United States counterpart. Small decreases in crude oil limited the upticks in the loonie. The Canadian dollar closed at US$0.7477 or US$1=C$1.3375, compared to Monday’s finish of US$0.7468 or US$1=C$1.3390. On the U.S. […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was on the rise Wednesday morning as the United States dollar weakened. As of 8:42 am CDT, the loonie was at US$0.7479 or C$1.3376, compared to Tuesday’s close of US$0.7468 or US$1=C$1.3390. On the U.S. Dollar Index, the greenback lost 0.199 of a point at […] Read more

Reading Time: < 1 minute   Compiled by MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar stepped back on Tuesday, as its United States counterpart was slightly higher and a diplomatic rift between Canada and China continued to develop. The Canadian dollar closed at US$0.7468 or US$1=C$1.3390, compared to Monday’s finish of US$0.7488 or US$1=C$1.3354. On the U.S. Dollar […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar was slightly lower on Tuesday morning, as the United States dollar was stronger and crude oil prices eased back. As of 8:48 am CDT, the loonie was at US$0.7467 or C$1.3392, compared to Monday’s close of US$0.7488 or US$1=C$1.3354. On the U.S. Dollar Index, the […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 8 (MarketsFarm) – Although the Canadian dollar lacked the strength to remain above 75 U.S. cents on Monday, it still climbed four-tenths of a cent. The Canadian dollar closed at US$0.7488 or US$1=C$1.3354, compared to Friday’s finish of US$0.7448 or US$1=C$1.3427. On the U.S. Dollar Index, the greenback was up […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 8 (MarketsFarm) – The Canadian dollar pushed above 75 U.S. cents on Monday morning, due to the upswing in crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7502 or C$1.3328, compared to Friday’s close of US$0.7448 or US$1=C$1.3427. On the U.S. Dollar Index, the greenback slipped 0.104 […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar ended the week on a high note hours after the release of economic data from Statistics Canada (StatCan). The loonie closed at US$0.7448 or US$1=C$1.3427 on Friday for its biggest one-day gain in four months, compared to US$0.7371 or US$1=C$1.3566 on Thursday. StatCan reported on Friday that the country’s economy […] Read more