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By MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The Canadian dollar was lower on Thursday, due to weaker domestic crude oil prices and market concerns over the growing number of COVID-19 cases in the country. Declines were limited by a relatively steady United States Dollar Index coupled with small gains in major world benchmark crude oils. […] Read more

By MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The Canadian dollar was lower Thursday morning as its United States counterpart was stronger. As of 8:38 CST, the Canadian dollar was at US$0.7630 or C$1.3107, compared to Wednesday’s close of US$0.7655 or C$1.3063. The U.S. Dollar Index was up 0.334 at 92.645 points as the greenback gained […] Read more

By MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The Canadian dollar closed slightly stronger on Wednesday amid renewed market sentiment towards a COVID-19 vaccine. The dollar finished at US$0.7655 or US$=C$1.3063 compared to Tuesday’s close of US$0.7637 or US$1=C$1.3094. Pfizer said the final results of its vaccine testing found it to be 95 per cent effective. […] Read more

By MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The Canadian dollar was relatively steady Wednesday morning amid renewed optimism towards a coronavirus vaccine. As of 8:44 CST, the Canadian dollar was at US$0.7643 or C$1.3084, compared to Tuesday’s close of US$0.7637 or C$1.3094. Pfizer Inc. said on Wednesday the final analysis of the trial data found […] Read more

By MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The Canadian dollar remained steady on Tuesday, despite investor sentiment in the United States declining in the face of rising cases of COVID-19. The dollar finished at US$0.7637 or US$=C$1.3094 compared to Monday’s close of US$0.7642 or US$1=C$1.3085. Benchmark crude oil prices were slightly higher on Tuesday as […] Read more

By MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The Canadian dollar was holding relatively steady Tuesday morning as the euphoria surrounding the latest coronavirus vaccine test results subsided. As of 8:44 CST, the Canadian dollar was at US$0.7638 or C$1.3097, compared to Monday’s close of US$0.7642 or C$1.3085. Benchmark crude oil prices were slightly lower Tuesday […] Read more

By MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The Canadian dollar was stronger on Monday, due to widespread market optimism towards a COVID-19 vaccine. The dollar finished at US$0.7642 or US$=C$1.3085 compared to Friday’s close of US$0.7606 or US$1=C$1.3147. Moderna Inc. released preliminary test results that showed their experimental vaccine scored a 94.5 per cent efficacy […] Read more

By MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The Canadian dollar was stronger Monday morning, due to gains in crude oil. As of 8:42 CDT, the Canadian dollar was at US$0.7642 or C$1.3085, compared to Friday’s close of US$0.7606 or C$1.3147. Benchmark crude oil prices were higher Monday morning, just as OPEC+ began a series of […] Read more

By MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday.      At 8:30 CST Friday morning the Canadian dollar was at US$0.7608 or US$1=C$1.3137, which compares with Thursday’s North American close of US$0.7620 or US$1=C$1.3123. Global stock indices were stronger on Friday despite reports of spiking COVID-19 cases around the […] Read more

By MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – The Canadian dollar was weaker on Thursday, pulling back some of the significant gains made earlier in the week.      At 8:45 CST Thursday morning the Canadian dollar was at US$0.7613 or US$1=C$1.3137, which compares with Tuesday’s North American close of US$0.7682 or US$1=C$1.3017. Global stock indices were […] Read more