By MarketsFarm WINNIPEG, Jan. 27 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, as investors continued to react to the Bank of Canada’s decision to keep interest rates unchanged for now. At 8:42 a.m. CST Thursday morning the Canadian dollar was at US$0.7889 or US$1=C$1.2676, which compares with Wednesday’s close of US$0.7933 or US$1=C$1.2606. […] Read more

By MarketsFarm WINNIPEG, Jan. 26 (MarketsFarm) – The Canadian dollar was firmer on Wednesday as currency traders reacted to interest rate announcements from central banks in Canada and the United States. The Canadian dollar closed at US$0.7933 or US$1=C$1.2606 on Wednesday, which compares with Tuesday’s North American close of US$0.7918 or US$1=C$1.2629. Both the Bank […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 26 (MarketsFarm) – The Canadian dollar was stronger on Wednesday morning, ahead of the interest rate announcement from Bank of Canada Governor Tiff Macklem. As of 8:34 am CST, the Canadian dollar was at US$0.7944 or C$1.2587, compared to Tuesday’s close of US$0.7918 or C$1.2629. The markets expect […] Read more

By MarketsFarm WINNIPEG, Jan. 25 (MarketsFarm) – The Canadian dollar was slightly firmer on Tuesday, seeing a recovery after hitting its softest levels in two weeks on Monday. The Canadian dollar closed at US$0.7918 or US$1=C$1.2629 on Tuesday, which compares with Monday’s North American close of US$0.7901 or US$1=C$1.2656. The Bank of Canada makes its […] Read more

By MarketsFarm WINNIPEG, Jan. 24 (MarketsFarm) – The Canadian dollar was sharply weaker on Monday, as a reduced appetite for risk in the global financial markets amid the ongoing tensions between Russia and Ukraine weighed on the currency. Equities and crude oil were both weaker on the day. The Canadian dollar closed at US$0.7901 or […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 24 (MarketsFarm) – The Canadian dollar weaker on Monday morning due to losses in crude oil prices and an increase in the United States dollar. As of 8:36 am CST, the Canadian dollar was at US$0.7912 or C$1.2641, compared to Friday’s close of US$0.7971 or C$1.2545. On the […] Read more

WINNIPEG – Days before a potential key interest rate hike by the Bank of Canada, 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$0.8017 or US$1=C$1.2474. Many analysts expect the BoC to raise its key interest […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar pushed a little bit higher on Thursday, as the equity markets stabilized. The loonie closed at US$0.8017 or US$1=C$1.2474, compared to Tuesday’s close of US$0.8005 or US$1=C$1.2492. On the U.S. Dollar Index, the greenback gained 0.295 a point at 95.795. Benchmark crude […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar cracked the psychological 80 United States cent mark on Wednesday, benefitting from gains in crude oil and a step back in the U.S. dollar. The loonie closed at US$0.8005 or US$1=C$1.2492, compared to Tuesday’s close of US$0.7981 or US$1=C$1.2529. The have been […] Read more

By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, moving above the psychological 80 U.S. cent mark. At 8:44 a.m. CST Wednesday morning the Canadian dollar was at US$0.8021 or US$1=C$1.2467 which compares with Tuesday’s close of US$0.7981 or US$1=C$1.2529. Canada’s consumer price index was up by 4.8 per cent […] Read more