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By MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was stronger Friday morning, moving past major chart points. However, activity in the currency markets remained thin with many participants in the United States keeping to the sidelines for an extended Thanksgiving break. At 8:47 CST Friday morning the Canadian dollar was at US$0.7701 or […] Read more

By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The Canadian dollar was holding relatively steady Thursday morning in thin trade. Many investors were keeping to the sidelines, with markets in the United States closed for Thanksgiving. At 8:41 CST Thursday morning the Canadian dollar was at US$0.7688 or C$1.3007 which compares with Wednesday’s North American close […] Read more

By MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The Canadian dollar settled near its highest levels in two weeks relative to its United States counterpart, with gains in crude oil behind some of the strength. The Canadian dollar closed at US$0.7691 or US$1=C$1.3003, which compares with Tuesday’s North American close of US$0.7673 or US$1=C$1.3033. Weekly data […] Read more

By MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The Canadian dollar was posting small gains relative to its United States counterpart Wednesday morning, but was off its overnight highs after running into chart resistance. At 9:03 CST Wednesday morning the Canadian dollar was at US$0.7686 or C$1.3011 which compares with Tuesday’s North American close of US$0.7673 […] Read more

By MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, as gains in crude oil provided support. The Canadian dollar closed at US$0.7673 or US$1=C$1.3033, which compares with Monday’s North American close of US$0.7644 or US$1=C$1.3082. Supportive chart signals contributed to the day’s strength in the loonie, as the currency neared […] Read more

By MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar was holding steady Tuesday morning, backing away from overnight gains as currency traders squared positions and reacted to larger swings in the United States Dollar Index. At 8:40 CST Tuesday morning the Canadian dollar was at US$0.7645 or C$1.3080 which compares with Monday’s North American […] Read more

By MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar held relatively steady on Monday, weakening only slightly after trading within a narrow range. The Canadian dollar closed at US$0.7644 or US$1=C$1.3082, which compares with Friday’s North American close of US$0.7651 or US$1=C$1.3071. Gains in crude oil provided some underlying support for the energy-linked Canadian […] Read more

By MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar was holding steady Monday morning, with gains in crude oil providing some underlying support. At 8:46 CST Monday morning the Canadian dollar was at US$0.7654 or C$1.3065 which compares with Friday’s North American close of US$0.7651 or C$1.3071. Optimism that a COVID-19 vaccine will soon […] Read more

By MarketsFarm WINNIPEG, Nov. 20 (MarketsFarm) – The Canadian dollar was relatively steady on Friday, nudging up by less than a tenth of a cent. The dollar finished at US$0.7651 or US$=C$1.3071 compared to Thursday’s close of US$0.7644 or US$1=C$1.3083. Benchmark crude oil prices were higher on Friday, due to optimism towards coronavirus vaccine trials […] Read more

By MarketsFarm WINNIPEG, Nov. 20 (MarketsFarm) – The Canadian dollar was higher Friday morning as retail sales increased according to Statistics Canada. As of 8:45 CST, the Canadian dollar was at US$0.7669 or C$1.3041, compared to Thursday’s close of US$0.7644 or C$1.3083. The federal agency reported retail sales were up 1.1 per cent in September […] Read more