Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, as the United States dollar edged back and as the Bank of Canada hinted at raising its key interest rates. The loonie closed at US$0.7883 or US$1=C$1.2686, compared to Tuesday’s close of US$0.7849 or US$1=C$1.2741. On the U.S. […] Read more

By MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as currency traders continued to weigh the conflicting reports coming out of Russia and Ukraine. At 8:48 a.m. CST Wednesday morning the Canadian dollar was at US$0.7885 or US$1=C$1.2682, which compares with Tuesday’s close of US$0.7849 or US$1=C$1.2741. The minutes of […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday, as a decline in the United States dollar helped to neutralize pressure from weaker crude oil prices. The loonie closed at US$0.7849 or US$1=C$1.2741, compared to Monday’s close of US$0.7851 or US$1=C$1.2738. On the U.S. Dollar Index, […] Read more

By MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – The Canadian dollar was showing some firmness Tuesday morning amid easing tensions between Russia and Ukraine. While the situation is still uncertain, reports that some Russian military units were backing away from the Ukrainian border were enough to bring some risk appetite back to the global financial markets. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The Canadian dollar stepped back a little more than two-tenths of a cent on Monday, as its United States counterpart strengthened. The decline was tempered by upticks in global crude oil prices. The loonie closed at US$0.7851 or US$1=C$1.2738, compared to Friday’s close of US$0.7873 […] Read more

By MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The Canadian dollar was weaker Monday morning, with the ongoing tensions between Russia and Ukraine at the forefront of the currency markets amid talk that a Russian invasion could be imminent. At 8:54 a.m. CST Monday morning the Canadian dollar was at US$0.7845 or US$1=C$1.2747, which compares with […] Read more

WINNIPEG – The Canadian dollar slipped on Friday despite a spike in crude oil prices after the United States asserted that a Russian invasion of Ukraine will be coming soon. The loonie was at US$0.7873 or US$1=C$1.2702 on Friday, down from Thursday’s close of US$0.7885 or US$1=C$1.2682. Canadian Prime Minister Justin Trudeau said in a […] Read more

WINNIPEG – The Canadian dollar declined as the weekend approaches. As of 8:34 a.m. CST, the loonie was at US$0.7870 or US$1=C$1.2706, compared to US$0.7885 or US$1=C$1.2682 on Thursday. The United States Dollar Index was up 0.23 of a point at 95.78. Crude oil prices continued to rise on Friday due to tightening supply. Brent […] Read more

WINNIPEG – The Canadian dollar was flat on Thursday as inflation once again grew in the United States. The loonie was at US$0.7885 or US$1=C$1.2682 on Thursday, down from Wednesday’s close of US$0.7886 or US$1=C$1.2680. The U.S. Dollar Index was up 0.19 of a point to 95.68. The U.S. Labor Department reported on Thursday inflation […] Read more

WINNIPEG – The Canadian dollar saw a small decline on Thursday while inflation in the United States reached another 40-year high. As of 8:45 a.m. CST, the loonie was at US$0.7880 or US$1=C$1.2690, compared to US$0.7886 or US$1=C$1.2680 on Wednesday. The United States Dollar Index was up 0.39 of a point at 95.89. The U.S. […] Read more