Currency Markets

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 28 (MarketsFarm) – The Canadian dollar was stronger on Thursday morning, benefitting from a slight weakness in the United States dollar and good upticks in crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7796 or C$1.2822, compared to Wednesday’s close of US$0.7769 or […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was on the positive side of unchanged on Wednesday after the United States Federal Reserve announced another key interest rate hike. The loonie closed at US$0.7769 or US$1=C$1.2872, up from US$0.7762 or US$1=C$1.2883 on Tuesday. The Fed announced it raised its key interest rate by 75 basis points for the […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday morning, due to little movement in the United States dollar and in global crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7768 or C$1.2870, compared to Tuesday’s close of US$0.7762 or C$1.2883. […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar fell on Tuesday as the United States dollar received a boost ahead of a major announcement by the U.S. Federal Reserve tomorrow. The loonie closed at US$0.7762 or US$1=C$1.2883, down from US$0.7781 or US$1=C$1.2852 on Monday. The Fed will announce its latest key interest rate hike on Wednesday. In anticipation, […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The Canadian dollar nudged lower on Tuesday morning, giving up most of the gains it made yesterday. As of 8:35 am CDT, the Canadian dollar was at US$0.7766 or C$1.2878, compared to Monday’s close of US$0.7781 or C$1.2852. On the United States Dollar Index, the […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar was higher at Monday’s close to start the week. The loonie closed at US$0.7781 or US$1=C$1.2852, up from US$0.7766 or US$1=C$1.2876 on Thursday. The United States Dollar Index was down 0.30 of a point to 106.44. Crude oil prices were somewhat higher on Monday with tightening supply outweighing recession fears. […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning, the United States dollar eased back and global crude oil prices made gains. As of 8:37 am CDT, the Canadian dollar was at US$0.7772 or C$1.2865, compared to Friday’s close of US$0.7766 or C$1.2876. On the […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar moved upward on Friday after the release of a report from Statistics Canada (StatCan). The loonie closed at US$0.7766 or US$1=C$1.2876, up from US$0.7755 or US$1=C$1.2895 on Thursday. The central data agency reported on Friday that retail sales were 2.2 per cent higher in May to C$62.2 billion. StatCan had […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning as domestic retail sales data beat expectations. At 8:34 a.m. CDT Thursday morning the Canadian dollar was at US$0.7770 or US$1=C$1.2870, which compares with Thursday’s close of US$0.7755 or US$1=C$1.2895. Canadian retail sales were up by 2.2 per cent in […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar eased off slightly on Thursday as crude oil prices slid further down. The loonie closed at US$0.7755 or US$1=C$1.2895, down from US$0.7762 or US$1=C$1.2883 on Wednesday. Statistics Canada reported on Wednesday that inflation rose to 8.1 per cent in June, the highest level seen since January 1983. The United States […] Read more