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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

By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, with gains in outside equity and energy markets providing support. The Canadian dollar closed at US$0.7607 or US$1=C$1.3145, which compares with Friday’s North American close of US$0.7543 or US$1=C$1.3257. Ideas that Democrat Joe Biden will win the United States presidential election […] Read more

WINNIPEG, Nov. 3 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Tuesday, regaining some of yesterday’s losses. One Winnipeg-based trader said the unseasonably warm temperatures across the Canadian Prairies has encouraged producers to “do other things besides be big sellers on today’s small bounce.” Gains in comparable vegetable oils were supportive of […] Read more

By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, with gains in crude oil helping underpin the energy-linked currency. At 8:44 CST Tuesday morning the Canadian dollar was at US$0.7610 or C$1.3141 which compares with Monday’s North American close of US$0.7543 or C$1.3257. The United States presidential election kept some […] Read more

By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was stronger on Monday, with gains in crude oil behind some of the strength. The Canadian dollar closed at US$0.7543 or US$1=C$1.3257, which compares with Friday’s North American close of US$0.7509 or US$1=C$1.3318. Solid factory data out of Europe and China contributed to the firm […] Read more

By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was stronger Monday morning, seeing a correction to start the month after declining relative to its United States counterpart last week. At 8:31 CST Monday morning the Canadian dollar was at US$0.7535 or C$1.3271 which compares with Friday’s North American close of US$0.7509 or C$1.3318. […] Read more

By MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The Canadian dollar was slightly higher on Friday, due to an increase in Canada’s gross domestic product, albeit at a slower pace. The loonie finished at US$0.7509 or US$=C$1.3318 compared to Thursday’s close of US$0.7491 or US$1=C$1.3349. Statistics Canada reported today that the country’s GDP grew 1.2 per […] Read more

By MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The Canadian dollar gained more than a quarter of a cent on Friday morning, as its United States counterpart slipped back. As of 8:40 CDT, the Canadian dollar was at US$0.7518 or C$1.3304, compared to Thursday’s close of US$0.7491 or C$1.3349. The U.S. Dollar Index dipped 0.182 putting […] Read more

By MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as crude oil continued to grind lower and the United States dollar gained strength. The loonie finished at US$0.7491 or US$=C$1.3349 compared to Wednesday’s close of US$0.7518 or US$1=C$1.3302. The U.S. Dollar Index saw the greenback improve to 93.940 points, which […] Read more

By MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The Canadian dollar was lower Thursday morning, due to weakness in crude oil prices. As of 8:45 CDT, the Canadian dollar was at US$0.7471 or C$1.3387, compared to Wednesday’s close of US$0.7518 or C$1.3302. Benchmark crude oil prices were lower Thursday morning, due to lockdown restrictions in a […] Read more