Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar dipped slightly on Tuesday, as its United States counterpart gained strength. However, spikes in crude oil prices tempered further declines in the Canadian dollar. The loonie closed at US$0.7981 or US$1=C$1.2529, compared to Monday’s close of US$0.7987 or US$1=C$1.2520. On the U.S. […] Read more

By MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The Canadian dollar was holding steady Tuesday morning amid conflicting outside influences. At 8:53 a.m. CST Tuesday morning the Canadian dollar was at US$0.7986 or US$1=C$1.2522 which compares with Monday’s close of US$0.7987 or US$1=C$1.2520. Broad strength in the United States dollar internationally put some pressure on the […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The Canadian dollar was slightly higher on Monday, on strength of domestic data and increases in crude oil prices. The loonie closed at US$0.7987 or US$1=C$1.2520, compared to Friday’s close of US$0.7971 or US$1=C$1.2545. The Canadian Real Estate Association reported that home prices vaulted 26.6 […] Read more

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

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

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

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

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

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

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