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By MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar was unchanged on Monday, despite a dip in the United States dollar and strong gains in crude oil. The loonie finished at US$0.7928 or US$1=C$1.2613, compared to Friday’s close of US$0.7928 or US$1=C$1.2614. On the U.S. Dollar Index, the greenback lost 0.273 at 90.090 points. […] Read more

By MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, backing away from the near-three-year highs relative to its United States counterpart hit on Friday. At 8:43 CST Monday morning the Canadian dollar was at US$0.7910 or US$1=C$1.2642 which compares with Friday’s North American close of US$0.7928 or US$1=C$1.2614. A […] Read more

By MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The Canadian dollar was stronger on Friday, nearing three-year highs relative to its United States counterpart. An increased appetite for risk in global markets and a firm tone in many commodities contributed to the strength in the currency, according to analysts. However, soft retail sales data and losses […] Read more

By MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The Canadian dollar was stronger Friday morning as the loonie’s United States counterpart was lower. As of 8:40 CST, the Canadian dollar was at US$0.7919 or C$1.2630, compared to Thursday’s close of US$0.7876 or C$1.2696. On the U.S. Dollar Index, the greenback backtracked 0.285 at 90.315 points. Benchmark […] Read more

By MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart on Thursday, but lacked any clear direction in narrow, range-bound activity. The Canadian dollar closed at US$0.7876 or US$1=C$1.2696, which compares with Wednesday’s North American close US$0.7867 or US$1=C$1.2712. Crude oil was softer on Thursday, putting […] Read more

WINNIPEG, Feb. 18 (MarketsFarm) – The Canadian dollar was mostly steady on Thursday morning with gains from rising oil prices cancelled out by newly-released data revealing an increase in both housing prices in Canada and jobless claims stateside in January. As of 8:30 a.m. CST, the Canadian dollar was at US$0.7876 or US$1=C$1.2693, compared to […] Read more

By MarketsFarm WINNIPEG, Feb. 17 (MarketsFarm) – The Canadian dollar was slightly weaker relative to its United States counterpart on Wednesday, as the currency markets reacted to better-than-expected U.S. retail sales. The Canadian dollar closed at US$0.7867 or US$1=C$1.2712, which compares with Tuesday’s North American close US$0.7884 or US$1=C$1.2684. U.S. retail sales were up by […] Read more

WINNIPEG, Feb. 17 (MarketsFarm) – The Canadian dollar stepped back on Wednesday morning after news that Canada’s inflation rate rose to one per cent in January. As of 8:30 a.m. CST, the Canadian dollar was at US$0.7856 or US$1=C$1.2734, compared to Tuesday’s close of US$0.7884 or US$1=C$1.2684. The brutal cold snap which shut down refineries […] Read more

By MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, but off its highs relative to its United States counterpart for the day. The Canadian dollar closed at US$0.7884 or US$1=C$1.2684, which compares with Friday’s North American close US$0.7867 or US$1=C$1.2711. Gains in crude oil provided underlying support for the energy-linked […] Read more

WINNIPEG, Feb. 16 (MarketsFarm) – The Canadian slightly inched upward on Tuesday morning as oil prices continued to rise after extremely cold weather hit most of North America over the weekend. As of 8:32 a.m. CST, the Canadian dollar was at US$0.7880 or US$1=C$1.2688, compared to Friday’s close of US$0.7867 or US$1=C$1.2711. After a brutal […] Read more