By MarketsFarm WINNIPEG, Dec. 23 (MarketsFarm) – The Canadian dollar was slightly stronger on Wednesday morning. At 8:50 CST Wednesday morning the Canadian dollar was at US$0.7769 or US$1=C$1.2902, which compares with Tuesday’s North American close of US$0.7747 or US$1=C$1.2903. Global stock indices were stronger despite talks that United States President Donald Trump might […] Read more
Canadian dollar and business outlook
Canadian Financial Close: Dollar weaker on Tuesday
By MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, due to losses in crude oil. The dollar finished the day at US$0.7747 or US$1=C$1.2908, compared to Monday when it closed at US$0.7828 or US$1=C$1.2775. Global stock indices mixed on the day as participants digest the details of United States Congress’s […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – The Canadian dollar was weaker on Tuesday morning, losing ground due to declines in crude oil. At 8:45 CST Tuesday morning the Canadian dollar was at US$0.7751 or US$1=C$1.2902, which compares with Monday’s North American close of US$0.7783 or US$1=C$1.2849. Global stock indices were mixed following United […] Read more
Canadian Financial Close: Dollar weaker on Monday
By MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The Canadian dollar was weaker on Monday, after several days of gains. The dollar finished the day at US$0.7828 or US$1=C$1.2775, compared to Friday when it closed at US$0.7783 or US$1=C$1.2849. Most global stock indices were lower on the day, following news that a new strain of COVID-19 […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The Canadian dollar was weaker on Monday morning, following crude oil and global stock indices. At 8:45 CST Monday morning the Canadian dollar was at US$0.7778 or US$1=C$1.2856, which compares with Friday’s North American close of US$0.7828 or US$1=C$1.2775. The crude oil-sensitive currency was lower following announcements […] Read more
Canadian Financial Close: C$ weakens with profit-taking
By MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – The Canadian dollar was weaker on Friday, with profit-taking ahead of the weekend as the currency posted its first weekly decline in five weeks relative to its United States counterpart. The Canadian dollar closed at US$0.7828 or US$1=C$1.2775, which compares with Thursday’s North American close of US$0.7863 or […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – The Canadian dollar was weaker Friday morning, retreating from nearby highs as investors adjusted positions ahead of the weekend. At 8:50 CST Friday morning the Canadian dollar was at US$0.7839 or C$1.2757 which compares with Thursday’s North American close of US$0.7863 or C$1.2718. Retail sales in Canada were […] Read more
Canadian Financial Close: C$ strengthens
By MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as broad weakness in the United States dollar internationally and an increased appetite for risk provided support. The Canadian dollar closed at US$0.7863 or US$1=C$1.2718, which compares with Wednesday’s North American close of US$0.7841 or US$1=C$1.2753. West Texas Intermediate crude oil […] Read more
Canadian dollar and business outlook
By MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The Canadian dollar was firmer Thursday morning, amid news that the United States was getting closer to agreeing on COVID-19 stimulus measures. At 8:46 CST Thursday morning the Canadian dollar was at US$0.7866 or C$1.2713 which compares with Wednesday’s North American close of US$0.7841 or C$1.2753. In domestic […] Read more
Canadian Financial Close: C$ backs away from highs
By MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar was softer on Wednesday, backing away from nearby highs. The Canadian dollar closed at US$0.7841 or US$1=C$1.2753, which compares with Tuesday’s North American close of US$0.7860 or US$1=C$1.2722. Canada’s consumer price index was up by 1.0 per cent on an annual basis in November, after […] Read more