Archives

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – The Canadian dollar was just short of 80 U.S. cents on Friday, as its United States counterpart slipped. The loonie finished at US$0.7998 or US$1=C$1.2503, compared to Thursday’s close of US$0.7981 or US$1=C$1.2530. On the U.S. Dollar Index, the greenback was down 0.088 at 91.530 […] Read more

WINNIPEG – The Canadian dollar continued its close approach with the U.S. 80-cent mark on Friday morning amidst increased oil demand and good economic data from China. As of 8:37 a.m. CDT, the loonie was at US$0.7995 or US$1=C$1.2508, compared to US$0.7981 or US$1=C$1.2530 when markets closed on Thursday. Benchmark oil prices were mixed despite […] Read more

By MarketsFarm WINNIPEG, April 15 (MarketsFarm) – The Canadian dollar settled relatively steady on Thursday, as conflicting outside influences pulled on the currency. The Canadian dollar closed at US$0.7981 or US$1=C$1.2530 on Thursday, which was up from Wednesday’s North American close US$0.7979 or US$1=C$1.2533. Domestic housing data provided some support for Canadian dollar, as the […] Read more

WINNIPEG – The Canadian dollar flirted with the U.S. 80-cent mark on Thursday morning after Statistics Canada revealed home sales increased by 5.2 per cent in March from February, an all-time record. As of 8:55 a.m. CDT, the loonie was at US$0.7994 or US$1=C$1.2509, compared to US$0.7979 or US$1=C$1.2533 when markets closed on Wednesday. Benchmark […] Read more

By MarketsFarm WINNIPEG, April 14 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, as gains in crude oil underpinned the energy-linked currency. The Canadian dollar closed at US$0.7979 or US$1=C$1.2533 on Wednesday, which was up from Tuesday’s North American close US$0.7966 or US$1=C$1.2554. Crude oil rallied following the latest U.S. stocks data, as the […] Read more

WINNIPEG, April 14 (MarketsFarm) – The Canadian dollar stayed steady on Wednesday morning despite a jump in benchmark oil prices. As of 9:23 a.m. CDT, the loonie was at US$0.7964 or US$1=C$1.2557, compared to US$0.7966 or US$1=C$1.2554 when markets closed on Tuesday. Benchmark oil prices were higher on Wednesday. Brent crude oil rose by US$1.33 […] Read more

By MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar was slightly weaker on Monday, seeing a modest correction after Friday’s jobs-related strength. The Canadian dollar closed at US$0.7966 or US$1=C$1.2553 on Monday, which compares with Friday’s North American close US$0.7972 or US$1=C$1.2544. Crude oil posted small gains, with West Texas Intermediate crude oil up […] Read more

WINNIPEG – The Canadian dollar stayed steady on Monday morning amidst news Bank of Montreal (BMO) is selling its EMEA asset management business to Ameriprise Financial for C$1.1 billion. As of 8:39 a.m. CDT, the loonie was at US$0.7972 or US$1=C$1.2544, compared to US$0.7971 or US$1=C$1.2545 when markets closed on Friday. Benchmark oil prices were […] Read more

WINNIPEG – The Canadian dollar ended the week on a high note after Statistics Canada revealed Friday morning the country added more than 300,000 jobs in March, tripling pre-report estimates. The loonie was at US$0.7972 or US$1=C$1.2544 on Friday, up from Thursday’s close at US$0.7950 or US$1=C$1.2579. After a week of losses on the United […] Read more

WINNIPEG – The Canadian dollar slightly increased on Friday morning after Statistics Canada released data showing that the country added more than 300,000 jobs in March and its unemployment rate was lowered to 7.5 per cent. As of 8:39 a.m. CDT, the loonie was at US$0.7967 or US$1=C$1.2552, compared to US$0.7950 or US$1=C$1.2579 when markets […] Read more