WINNIPEG – The Canadian dollar closed lower on Wednesday after comments from Russian President Vladimir Putin as well as the United States Federal Reserve’s policy rate increase rattled markets. The loonie closed at US$0.7464 or US$1=C$1.3397 on Wednesday, down from US$0.7493 or US$1=C$1.3345 on Tuesday. The United States Dollar Index jumped 1.07 points to 111.29, […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar slipped further downward on Wednesday morning as the United States dollar gained more strength. As of 8:35 am CDT, the Canadian dollar was at US$0.7466 or C$1.3390, compared to Tuesday’s close of US$0.7493 or C$1.3345. On the U.S. Dollar Index, the greenback […] Read more

WINNIPEG – The Canadian dollar closed at a low unseen since November 2020 on Tuesday, hours after the release of a pair of reports from Statistics Canada. The loonie closed at US$0.7493 or US$1=C$1.3345 on Tuesday, down from US$0.7526 or US$1=C$1.3288 on Monday. The national data agency reported that the yearly inflation rate declined to […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The Canadian dollar gave up more ground to its United States counterpart on Tuesday morning. As of 8:36 am CDT, the Canadian dollar was at US$0.7499 or C$1.3335, compared to Monday’s close of US$0.7526 or C$1.3288. On the U.S. Dollar Index, the greenback pushed higher […] Read more

WINNIPEG – The Canadian dollar was mostly unchanged from its exchange rate prior to the weekend. The loonie closed at US$0.7526 or US$1=C$1.3288 on Monday, down from US$0.7527 or US$1=C$1.3285 on Friday. The United States Dollar Index declined 0.15 of a point to 109.62. The U.S. Federal Reserve is expected to raise its key interest […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 19 (MarketsFarm) – The Canadian dollar was pulling back on Monday morning, due to a stronger United States dollar and weakness in crude oil prices. As of 8:35 am CDT, the Canadian dollar was at US$0.7500 or C$1.3330, compared to Friday’s close of US$0.7527 or C$1.3285. On the […] Read more

By MarketsFarm WINNIPEG, Sep. 16 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its softest level in nearly two years relative to its United States counterpart as investors continued to back away from riskier assets ahead of the weekend. The Canadian dollar settled at US$0.7527 or US$1=C$1.3285 on Friday, which compares with Thursday’s […] Read more

WINNIPEG – After plunging to its lowest point since November 2020, the Canadian dollar was exploring further depths on Friday morning. As of 8:39 a.m. CDT, the loonie was at US$0.7518 or US$1=C$1.3301, compared to US$0.7576 or US$1=C$1.3200 on Thursday. The United States Dollar Index jumped 0.31 of a point at 110.05, ahead of the […] Read more

By MarketsFarm WINNIPEG, Sep. 15 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as investors backed away from riskier assets and the United States dollar saw broad global strength. The Canadian dollar settled at US$0.7576 or US$1=C$1.3200 on Thursday, which compares with Wednesday’s close of US$0.7595 or US$1=C$1.3166. Losses in crude oil contributed to […] Read more

WINNIPEG – The Canadian dollar was slightly lower on Thursday morning. As of 8:41 a.m. CDT, the loonie was at US$0.7575 or US$1=C$1.3201, compared to US$0.7595 or US$1=C$1.3166 on Wednesday. A labour disruption involving multiple railways in the United States and unions representing more than 100,000 workers was averted on Thursday after reaching a tentative […] Read more