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WINNIPEG, March 9 (MarketsFarm) – The Canadian dollar held its value on Tuesday morning while both stocks and gold saw prices move upwards. As of 8:12 a.m. CST, the Canadian dollar was at US$0.7921 or US$1=C$1.2621, compared to US$0.7899 or US$1=C$1.2660 when markets closed on Monday. Most benchmark oil prices held relatively steady on Tuesday […] Read more

WINNIPEG, March 8 (MarketsFarm) – The Canadian dollar remained steady against the United States dollar on Monday despite the latter reaching a three-month high due to a continuing increase in U.S. Treasury bond yields. The loonie finished at US$0.7899 or US$1=C$1.2660, compared to Thursday’s close of US$0.7894 or US$1=C$1.2668. On the U.S. Dollar Index, the […] Read more

WINNIPEG, March 8 (MarketsFarm) – The Canadian dollar stayed steady on Monday morning following a mixed start to the markets after the United States Senate passed the US$1.9 trillion relief bill over the weekend. As of 8:22 a.m. CST, the Canadian dollar was at US$0.7894 or US$1=C$1.2668, the same as its closing value on Friday. […] Read more

WINNIPEG, March 5 (MarketsFarm) – The Canadian dollar was slightly lower against the United States dollar on Friday despite rising oil prices, Canada’s first trade surplus (C$1.4 billion) since May 2019 and Health Canada’s approval of the one-dose Johnson & Johnson COVID-19 vaccine. The loonie finished at US$0.7894 or US$1=C$1.2668, compared to Thursday’s close of […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 5 (MarketsFarm) – The Canadian dollar was lower Friday morning, as its United States counterpart made gains. Meanwhile, higher crude oil prices helped to temper declines in the loonie. As of 8:38 CST, the Canadian dollar was at US$0.7897 or C$1.2663, compared to Thursday’s close of US$0.7913 or […] Read more

WINNIPEG, March 4 (MarketsFarm) – The Canadian dollar was relatively steady against the United States dollar on Thursday while oil prices rose and stocks went down in the face of surging U.S. Treasury bond yields. The loonie finished at US$0.7913 or US$1=C$1.2637, compared to Monday’s close of US$0.7917 or US$1=C$1.2631. On the U.S. Dollar Index, […] Read more

WINNIPEG, March 3 (MarketsFarm) – The Canadian dollar remained mostly steady against the U.S. dollar on Wednesday as oil prices continued to rise and Statistics Canada reported that building permits in January totalled a record-breaking C$9.9 billion. The loonie finished at US$0.7917 or US$1=C$1.2631, compared to Monday’s close of US$0.7920 or US$1=C$1.2626. On the U.S. […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 3 (MarketsFarm) – The Canadian dollar was lower Wednesday morning, as its United States counterpart was higher. As of 8:49 CST, the Canadian dollar was at US$0.7902 or C$1.2647, compared to Tuesday’s close of US$0.7920 or C$1.2626. On the U.S. Dollar Index, the greenback was up 0.205 at […] Read more

WINNIPEG, March 2 (MarketsFarm) – The Canadian dollar strengthened against the U.S. dollar on Tuesday after a Statistics Canada report showed that its gross domestic product (GDP) increased 0.5 per cent in January. In 2020, the economy contracted by 5.4 per cent. The loonie finished at US$0.7920 or US$1=C$1.2626, compared to Monday’s close of US$0.7898 […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 2 (MarketsFarm) – The Canadian dollar was higher Tuesday morning, buoyed by good economic news from Statistics Canada and by rising crude oil prices. As of 8:47 CST, the Canadian dollar was at US$0.7907 or C$1.2650, compared to Monday’s close of US$0.7898 or C$1.2661. Statistics Canada issued a […] Read more