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By MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar was lower on Tuesday stepping back from two-year highs reached yesterday. The loonie finished at US$0.7682 or US$=C$1.3017 compared to Monday’s close of US$0.7710 or US$1=C$1.2970. The United States Dollar Index saw a slight gain for the greenback of 0.075 to sit at 92.790 points. […] Read more

By MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, pulling back after considerable gains on Monday. Markets will be closed tomorrow for Remembrance Day.      At 9:00 CST Tuesday morning the Canadian dollar was at US$0.7677 or US$1=C$1.3042, which compares with Monday’s North American close of US$0.7710 or US$1=C$1.2970. A […] Read more

By MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar was higher at Monday’s close, hitting two-year highs on the coattails of promising news of a COVID-19 vaccine. The dollar finished the day at US$0.7710 or US$1=C$1.2970, compared to Friday when it closed at US$0.7669 or US$1=C$1.3039. Canada’s main stock index gained approximately 1.2 per […] Read more

By MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar was stronger on Monday morning, hitting two-year highs due to global optimism regarding a COVID-19 vaccine.      At 8:35 CST Monday morning the Canadian dollar was at US$0.7730 or US$1=C$1.2936, which compares with Friday’s North American close of US$0.7669 or US$1=C$1.3039. Global financial markets got […] Read more

By MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – The Canadian dollar was virtually unchanged on Friday. Sluggish job recovery numbers and lower crude oil prices weighed on values, but they were countered by a lower United States dollar which provided support. The loonie finished at US$0.7669 or US$=C$1.3039 compared to Thursday’s close of US$0.7667 or US$1=C$1.3051. […] Read more

By MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – The Canadian dollar was holding steady Friday morning, stabilizing after strengthening to two-month highs on Thursday. At 8:34 CST Friday morning the Canadian dollar was at US$0.7664 or C$1.3048 which compares with Thursday’s North American close of US$0.7662 or C$1.3051. Statistics Canada’s monthly jobs report showed that employment […] Read more

By MarketsFarm WINNIPEG – The Canadian dollar was stronger on Thursday, hitting its best levels in two months with broad weakness in the United States dollar accounting for the relative strength. The Canadian dollar closed at US$0.7662 or US$1=C$1.3051, which compares with Wednesday’s North American close of US$0.7612 or US$1=C$1.3138. The U.S. Federal Reserve left […] Read more

By MarketsFarm WINNIPEG, Nov. 5 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, hitting its best levels relative to its United States counterpart in nearly two months. At 8:40 CST Thursday morning the Canadian dollar was at US$0.7652 or C$1.3068 which compares with Wednesday’s North American close of US$0.7612 or C$1.3138. Broad weakness for […] Read more

By MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday, with uncertainty following the U.S. election leading to some choppy activity in the currency markets. The Canadian dollar closed at US$0.7612 or US$1=C$1.3138, which compares with Tuesday’s North American close of US$0.7607 or US$1=C$1.3145. […] Read more

By MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, with the uncertain outcome of the United States presidential election overhanging all markets. At 8:55 CST Wednesday morning the Canadian dollar was at US$0.7577 or C$1.3198 which compares with Tuesday’s North American close of US$0.7607 or C$1.3145. A number of states […] Read more