Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) – The Canadian dollar dropped to a two-month low on Thursday, following Russia’s invasion of Ukraine, which gave rise to the United States dollar. The loonie closed at US$0.7793 or US$1=C$1.2832, compared to Wednesday’s close of US$0.7863 or US$1=C$1.2718. Canadian Prime Minister Justin Trudeau announced economic […] Read more

By MarketsFarm WINNIPEG, Feb. 23 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, as the Russian invasion of Ukraine led to large moves in the global financial markets. At 9:06 a.m. CST Thursday morning the Canadian dollar was at US$0.7793 or US$1=C$1.2832, which compares with Wednesday’s close of US$0.7863 or US$1=C$1.2718. Investors were backing […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 23 (MarketsFarm) – The Canadian dollar nudged upward on Wednesday, despite a stronger United States dollar. The loonie closed at US$0.7863 or US$1=C$1.2718, compared to Tuesday’s close of US$0.7847 or US$1=C$1.2743. On the U.S. Dollar Index, the greenback pushed higher by 0.189 of a point at 96.200. Also, […] Read more

By MarketsFarm WINNIPEG, Feb. 23 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as investors wait to see what happens next between Russia and Ukraine. At 8:50 a.m. CST Wednesday morning the Canadian dollar was at US$0.7874 or US$1=C$1.2700, which compares with Friday’s close of US$0.7847 or US$1=C$1.2743. While sanctions against Russia were being […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar was down a pinch on Tuesday, after the markets were closed on Monday. The loonie closed at US$0.7847 or US$1=C$1.2743, compared to Friday’s close of US$0.7853 or US$1=C$1.2734. The global economy initially shuddered after Russian President Vladimir Putin ordered troops into the […] Read more

By MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar was holding near unchanged Tuesday morning, as the mounting tensions between Russia and Ukraine kept world markets on edge. At 8:55 a.m. CST Tuesday morning the Canadian dollar was at US$0.7857 or US$1=C$1.2728, which compares with Friday’s close of US$0.7853 or US$1=C$1.2734. Markets were closed […] Read more

WINNIPEG – The Canadian dollar ended the week on a down note after the release of underwhelming retail data from Statistics Canada. The loonie was at US$0.7853 or US$1=C$1.2734 on Friday, down from Thursday’s close of US$0.7877 or US$1=C$1.2695. Canada’s central data agency reported on Friday that retail sales dropped by 1.8 per cent last […] Read more

By MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The Canadian dollar was slightly weaker Friday morning, as losses in crude oil weighed on the energy-linked currency. At 8:35 a.m. CST Friday morning the Canadian dollar was at US$0.7862 or US$1=C$1.2719, which compares with Thursday’s close of US$0.7877 or US$1=C$1.2695. Canadian retail sales were down by 1.8 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 17 (MarketsFarm) – The Canadian dollar was a pinch lower on Thursday, due to added strength in the United States dollar. Further declines in the Canadian dollar were stymied by the threat of war between Russia and Ukraine. The loonie closed at US$0.7877 or US$1=C$1.2695, compared to Wednesday’s […] Read more

By MarketsFarm WINNIPEG, Feb. 17 (MarketsFarm) – The Canadian dollar was slightly weaker Thursday morning, pressured by declines in crude oil as world markets continued to react to conflicting reports on the ongoing tensions between Russia and Ukraine. At 8:43 a.m. CST Thursday morning the Canadian dollar was at US$0.7872 or US$1=C$1.2703, which compares with […] Read more