By MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – The Canadian dollar was stronger Friday morning, as strength in crude oil and solid jobs data provided support. At 8:50 a.m. CDT Friday morning, the Canadian dollar was at US$0.7990 or US$1=C$1.2516 which compares with Thursday’s North American close of US$0.7963 or US$1=C$1.2558. Canada’s economy added 157,000 jobs […] Read more

By MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was stronger on Thursday, hitting its highest level in one month relative to its United States counterpart. The Canadian dollar settled at US$0.7963 or US$1=C$1.2558 on Thursday, which compares with Wednesday’s North American close of US$0.7928 or US$1=C$1.2613. West Texas Intermediate was up by 1.8 […] Read more

By MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, as gains in international equity markets hinted at an increasing appetite for risk in the global economy. Positioning ahead of a speech from Bank of Canada Governor Tiff Macklem later in the day was a feature. At 9:20 a.m. CDT Thursday […] Read more

By MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, as a downward correction in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7928 or US$1=C$1.2613 on Wednesday, which compares with Tuesday’s North American close of US$0.7952 or US$1=C$1.2575. West Texas Intermediate was down by 2.3 per […] Read more

By MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was slightly softer Wednesday morning, seeing a modest profit-taking correction after hitting its highest levels relative to its United States counterpart in four weeks on Tuesday. Weakness in crude oil put some pressure on the energy-linked currency as well. At 8:50 a.m. CDT Wednesday morning, […] Read more

By MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was slightly firmer on Tuesday, seeing some consolidation after Monday’s strength. The Canadian dollar settled at US$0.7952 or US$1=C$1.2575 on Monday, which compares with Monday’s North American close of US$0.7947 or US$1=C$1.2583. Canada’s international trade surplus widened to C$1.94 billion in August, according to a […] Read more

By MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was firmer Tuesday morning, as continued strength in crude oil underpinned the energy-linked currency. At 9:30 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.7955 or US$1=C$1.2571 which compares with Monday’s North American close of US$0.7947 or US$1=C$1.2583. Canada’s international trade surplus widened to […] Read more

By MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was stronger on Monday, boosted by crude oil and broad weakness in the United States dollar internationally. The Canadian dollar settled at US$0.7947 or US$1=C$1.2583 on Monday, which compares with Friday’s North American close of US$0.7903 or US$1=C$1.2654. Crude oil rallied on Monday on news […] Read more

By MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was stronger Monday morning, boosted by gains in crude oil. At 9:04 a.m. CDT Monday morning, the Canadian dollar was at US$0.7947 or US$1=C$1.2689 which compares with Friday’s North American close of US$0.7903 or US$1=C$1.2654. In domestic data, the total value of building permits issued […] Read more

WINNIPEG – The Canadian dollar closed the week on a high note as a series of good economic news in the United States lifted markets. The loonie was at US$0.7903 or US$1=C$1.2654 on Friday, up from Thursday’s price at 3:30 p.m. CDT of US$0.7891 or US$1=C$1.2673. The Bank of Canada did not provide an official […] Read more