Currency Markets

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar advanced by nearly three-tenths of a cent on Friday, propelled by higher crude oil prices and a slight step back in the United States dollar. The loonie closed at US$0.7451 or US$1=C$1.3421, compared to Thursday’s close of US$0.7423 or US$1=C$1.3472. On the U.S. Dollar […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar was slightly lower on Friday morning, with increases in the United States dollar offsetting small upticks in global crude oil prices. As of 8:38 am CST, the loonie was unchanged at US$0.7412 or C$1.3494, compared to Thursday’s close of US$0.7423 or US$1=C$1.3472. On the U.S. […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar retreated a little bit more on Thursday, adding more to the losses incurred yesterday. The loonie closed at US$0.7423 or US$1=C$1.3472, compared to Wednesday’s close of US$0.7441 or US$1=C$1.3439. On the U.S. Dollar Index, the greenback was down 0.262 of a point at 101.845. […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar was a little lower on Thursday morning, with not enough support or pressure coming from the United States dollar and crude oil prices to set a course. As of 8:40 am CST, the loonie was at US$0.7430 or C$1.3459, compared to Wednesday’s close of US$0.7441 […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar pulled back on Wednesday, giving up recent gains due to a reversal in crude oil prices. The loonie closed at US$0.7441 or US$1=C$1.3439, compared to Tuesday’s close of US$0.7468 or US$1=C$1.3390. On the U.S. Dollar Index, the greenback nudged up 0.024 of a point […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar was slightly higher on Wednesday morning, due to weakness in the United States dollar and gains in crude oil prices. As of 8:40 am CST, the loonie was at US$0.7474 or C$1.3376, compared to Tuesday’s close of US$0.7468 or C$1.3390. On the U.S. Dollar Index, […] Read more

Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The Canadian dollar was a pinch higher on Tuesday, due to inflation easing back in December and gains in crude oil prices. However, a slightly stronger United States dollar tempered further increases. The loonie closed at US$0.7468 or US$1=C$1.3390, compared to Monday’s close of US$0.7464 or US$1=C$1.3397. […] Read more

Reading Time: < 1 minute WINNIPEG, Jan. 17 (MarketsFarm) – The Canadian dollar was a pinch higher Tuesday morning, benefitting from a dip in the United States dollar, increases in crude oil prices and a positive report on inflation. As of 8:37 am CST, the loonie was at US$0.7468 or C$1.3391, compared to Monday’s close of US$0.7464 or C$1.3397. On […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – The Canadian dollar was a pinch higher on Monday despite pressure from a stronger United States dollar, declines in crude oil prices, and with expectations of a recession adding more weight. The Bank of Canada (BoC) released its quarterly survey on consumer expectations, which found […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – The Canadian dollar on the rise Monday morning, despite increases in the United States dollar and declines in crude oil prices. As of 8:40 am CST, the loonie was at US$0.7464 or C$1.3397, compared to Friday’s close of US$0.7459 or C$1.3406. On the U.S. Dollar […] Read more