Currency Markets

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning, with expectations for looming interest rate hikes in the United States largely priced into the global currency markets for the time being. At 8:45 a.m. CST Monday morning the Canadian dollar was at US$0.7983 or US$1=C$1.2527 which compares with Friday’s […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar ended the week below the 80 United States cents mark. The loonie was at US$0.7971 or US$1=C$1.2545 on Friday, down from Thursday’s close of US$0.8010 or US$1=C$1.2484. The U.S. Dollar Index gained 0.39 of a point to 95.18. The increase came despite the Commerce Department reporting earlier today a 1.9 […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar returned to the lower side of 80 United States cents on Friday. As of 8:42 a.m. CST, the loonie was at US$0.7990 or US$1=C$1.2516 on Friday, compared to US$0.8010 or US$1=C$1.2484 on Thursday. The U.S. Dollar Index was up 0.16 points at 94.95. The U.S. Commerce Department announced on Friday […] Read more

Reading Time: < 1 minute WINNIPEG – For the first time since Nov. 10, the Canadian dollar closed the day above the 80 United States cent mark as the greenback continued to falter. The loonie was at US$0.8010 or US$1=C$1.2484 on Thursday, up from Wednesday’s close of US$0.7994 or US$1=C$1.2510. The U.S. Dollar Index lost 0.05 of a point to […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar has surpassed the 80 United States cent mark on Thursday. As of 8:39 a.m. CST, the loonie was at US$0.8027 or US$1=C$1.2458 on Thursday, compared to US$0.7994 or US$1=C$1.2510 on Wednesday. The U.S. Dollar Index was down 0.20 points at 94.72. The U.S. Labor Department announced on Wednesday the consumer […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian loonie closed Wednesday just shy of 80 United States cents, after hitting a high of US$0.8002. The loonie was at US$0.7994 or US$1=C$1.2510 on Wednesday, up from Tuesday’s close of US$0.7933 or US$1=C$1.2606. In a report to clients on Tuesday, J.P. Morgan expects the Bank of Canada to raise its benchmark […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar continued its rise on Wednesday due to higher oil prices and unwelcome economic data from the United States. As of 8:35 a.m. CST, the loonie was at US$0.7988 or US$1=C$1.2519 on Wednesday, compared to US$0.7933 or US$1=C$1.2606 on Tuesday. The U.S. Dollar Index was down 0.34 points at 95.28. The […] Read more

Reading Time: < 1 minute WINNIPEG – Comments from United States Federal Reserve chair Jerome Powell and greater demand for crude oil helped raise the markets and the Canadian dollar on Tuesday. The loonie was at US$0.7933 or US$1=C$1.2606 on Tuesday, up from Friday’s close of US$0.7887 or US$1=C$1.2679. The United States Dollar Index lost 0.38 of a point to […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar crossed the 79 United States cent mark on Tuesday as crude oil prices jumped. As of 8:36 a.m. CST, the loonie was at US$0.7908 or US$1=C$1.2531 on Tuesday, compared to US$0.7887 or US$1=C$1.2679 on Monday. The U.S. Dollar Index held steady at 95.99. Federal Reserve chair Jerome Powell will appear […] Read more

Reading Time: < 1 minute WINNIPEG – The Canadian dollar finished Monday just short of its closing rate prior to the weekend. The loonie was at US$0.7887 or US$1=C$1.2679 on Monday, down from Friday’s close of US$0.7895 or US$1=C$1.2666. The United States Dollar Index increased 0.24 of a point to 95.96. Benchmark crude oil prices were lower on Monday as […] Read more