Currency Markets

Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as the country’s rate of inflation hit its highest level in over three decades. At 9:24 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7869 or US$1=C$1.2708, which compares with Tuesday’s close of US$0.7811 or US$1=C$1.2803. Canada’s annual rate of […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The Canadian dollar weakened slightly relative to its United States counterpart on Monday, with losses in crude oil countered by gains in U.S. equities. The Canadian dollar closed at US$0.7811 or US$1=C$1.2803 on Tuesday, which compares with Monday’s North American close of US$0.7827 or US$1=C$1.2777. Renewed lockdown measures […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The Canadian dollar was lower on Tuesday morning, due to declines in global crude oil prices. As of 8:35 am CDT, the Canadian dollar was at US$0.7798 or C$1.2825, compared to Monday’s close of US$0.7827 or C$1.2777. On the U.S. Dollar Index, the greenback lost […] Read more

Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar was weaker on Monday, as losses in crude oil weighed on the energy-linked currency. Optimism over ceasefire talks between Russia and Ukraine accounted for some of the weakness in the oil market. The Canadian dollar closed at US$0.7827 or US$1=C$1.2777 on Monday, which compares with […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar was lower on Monday morning, following declines in global crude oil prices and in the face of a still strong United States dollar. As of 8:34 am CDT, the Canadian dollar was at US$0.7840 or C$1.2758, compared to Friday’s close of US$0.7862 […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar rose on Friday after the release of employment data from Statistics Canada to close an up-and-down week. The loonie closed at US$0.7862 or US$1=C$1.2720 on Friday, up from Thursday’s close of US$0.7827 or US$1=C$1.2776. Canada’s central data agency reported on Friday that 336,600 jobs were added in February, bringing Canada’s […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar rose on Friday after the release of welcome job data from Statistics Canada. As of 8:37 a.m. CST, the loonie was at US$0.7875 or US$1=C$1.2698, compared to US$0.7827 or US$1=C$1.2776 on Thursday. Canada’s central data agency announced on Friday the country added 336,600 jobs in February with the unemployment rate […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar advanced on Thursday as inflation once again rose in the United States. The loonie closed at US$0.7827 or US$1=C$1.2776 on Thursday, up from Wednesday’s close of US$0.7800 or US$1=C$1.2821. The U.S. Dollar Index was up 0.59 of a point to 98.56. The U.S. Labor Department announced today inflation rose to […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar rose on Thursday while a new report revealed that inflation in the United States reached a level unseen in decades. As of 8:38 a.m. CST, the loonie was at US$0.7815 or US$1=C$1.2796, compared to US$0.7800 or US$1=C$1.2821 on Wednesday. The U.S. Dollar Index was up 0.29 of a point at […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar made a slight gain on Wednesday while crude oil plunged. As of 3:35 p.m. CST, the loonie was at US$0.7805 or US$1=C$1.2812 before close on Wednesday, down from Tuesday’s close of US$0.7772 or US$1=C$1.2867. The Bank of Canada did not settle the loonie’s exchange rate at press time. The United […] Read more