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Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The Canadian dollar continued on its upswing Wednesday morning, as the United States dollar further weakened and crude oil prices pushed higher. As of 8:44 CDT, the Canadian dollar was at US$0.8154 or C$1.2265 compared to Tuesday’s close of US$0.8093 or C$1.2356. The loonie’s rise […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 22 (MarketsFarm) – The Canadian dollar finished pushed a little higher on Tuesday, as the United States dollar took a small step back. The loonie closed at US$0.8093 or US$1=C$1.2356, compared to Monday’s close of US$0.8080 or US$1=C$1.2377. On the U.S. Dollar Index, the greenback dipped 0.156 at […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 22 (MarketsFarm) – The Canadian dollar eased back a little on Tuesday morning, as the United States dollar gained some ground and crude oil turned lower. As of 8:41 CDT, the Canadian dollar was at US$0.8071 or C$1.2392 compared to Monday’s close of US$0.8080 or C$1.2377. On the […] Read more

By MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The Canadian dollar was stronger on Monday, seeing a modest recovery to start the week after dropping sharply relative to its United States counterpart earlier in the month. The Canadian dollar closed at US$0.8080 or US$1=C$1.2377 on Monday, which compares with Friday’s North American close of US$0.8052 or […] Read more

WINNIPEG – The Canadian dollar fell to its lowest level in eight weeks on Friday against a strengthening United States dollar. The loonie was at US$0.8052 or US$1=C$1.2419 on Friday, down from Thursday’s close at US$0.8103 or US$1=C$1.2341. Meanwhile, the U.S. Dollar Index jumped 0.39 points at 92.28. On Wednesday, United States Federal Reserve Chair […] Read more

By MarketsFarm WINNIPEG, June 18 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as ongoing strength for the United States dollar internationally continued to influence the world currency markets after the U.S. Federal Reserve took a more hawkish stance on future interest rate moves earlier this week. At 8:48 a.m. CDT Friday morning, the […] Read more

WINNIPEG – The Canadian dollar was in a freefall on Thursday as its American counterpart reached a two-month high. The loonie was at US$0.8103 or US$1=C$1.2341 on Thursday, down from Wednesday’s close at US$0.8203 or US$1=C$1.2191. Meanwhile, the U.S. Dollar Index jumped 0.81 points at 91.94. United States Federal Reserve Chair Jerome Powell announced yesterday […] Read more

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, pressured by broad strength in the United States dollar internationally. At 8:54 a.m. CDT Thursday morning, the Canadian dollar was at US$0.8126 or US$1=C$1.2307 which compares with Wednesday’s North American close of US$0.8203 or US$1=C$1.2191. The U.S. Federal Reserve took a […] Read more

WINNIPEG – The Canadian dollar held steady on Wednesday amid economic news on both sides of the Canada/United States border. The loonie was at US$0.8203 or US$1=C$1.2191 on Wednesday, slightly lower from Tuesday’s close at US$0.8205 or US$1=C$1.2188. Meanwhile, the U.S. Dollar Index jumped 0.78 points at 91.31. Statistics Canada reported today that inflation increased […] Read more

By MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The Canadian dollar was holding steady Wednesday morning, as currency traders await the latest policy announcement from the United States Federal Reserve due out later in the day. At 8:40 a.m. CDT Wednesday morning, the Canadian dollar was at US$0.8206 or US$1=C$1.2186 which compares with Tuesday’s North American […] Read more