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By MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The Canadian dollar was down by over three quarters of a cent at Wednesday’s close. The dollar finished the day at US$0.7518 or US$1=C$1.3302, compared to Tuesday when it closed at US$0.7596 or US$1=C$1.3164. The dollar was pressured by crude oil prices, which dropped by over five per […] Read more

By MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The Canadian dollar retreated nearly two-thirds of a United States cent Wednesday morning, due to lower crude prices. As of 8:43 CDT, the Canadian dollar was at US$0.7529 or C$1.3282, compared to Tuesday’s close of US$0.7596 or C$1.3164. Benchmark crude oil prices were down Wednesday morning as several […] Read more

By MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – The Canadian dollar was higher on Tuesday, due to gains in crude oil prices. The dollar finished at US$0.7596 or US$=C$1.3164 compared to Monday’s close of US$0.7575 or US$1=C$1.3201. Benchmark crude oil prices were higher on Tuesday, due to the continuing shutdown of production facilities in Gulf of […] Read more

By MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – The Canadian dollar was slightly higher Tuesday morning, at the expense of its United States counterpart. As of 8:40 CDT, the Canadian dollar was at US$0.7589 or C$1.3177, compared to Monday’s close of US$0.7575 or C$1.3201. The U.S. Dollar Index saw the greenback slip under 93.0 points, to […] Read more

By MarketsFarm WINNIPEG, Oct. 26 (MarketsFarm) – The Canadian dollar was lower on Monday, pulled down by declines in crude oil prices. The dollar finished at US$0.7575 or US$=C$1.3201 compared to Friday’s close of US$0.7610 or US$1=C$1.3140. Benchmark crude oil prices were weaker on Monday, due to growing concerns of the COVID-19 pandemic significantly curtailing […] Read more

By MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – The Canadian dollar was steady at Friday’s close. The dollar finished the day at US$0.7610 or US$1=C$1.3140, compared to Thursday when it closed at US$0.7609 or US$1=C$1.3142. Global stock indices closed the week mostly lower, as market participants continue to dissect comments regarding the possibility of another stimulus […] Read more

By MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – The Canadian dollar was relatively steady on Friday morning.      At 8:45 CDT Friday morning the Canadian dollar was at US$0.7614 or US$1=C$1.3133, which compares with Thursday’s North American close of US$0.7609 or US$1=C$1.3142. A recent report from Statistics Canada showed Canada’s inflation increased by 0.5 per cent […] Read more

By MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – The Canadian dollar was slightly lower at Thursday’s close. The dollar finished the day at US$0.7609 or US$1=C$1.3142, compared to Wednesday when it closed at US$0.7621 or US$1=C$1.3122. United States stocks were stronger following reports that U.S. jobless claims were lower than expected this week, though the unemployment […] Read more

By MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday morning      At 8:35 CDT Thursday morning the Canadian dollar was at US$0.7603 or US$1=C$1.3153, which compares with Wednesday’s North American close of US$0.7621 or US$1=C$1.3122. While the odds of a stimulus package before the United States Presidential Election are […] Read more

By MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The Canadian dollar was slightly higher at Wednesday’s close. The dollar finished the day at US$0.7621 or US$1=C$1.3122, compared to Tuesday when it closed at US$0.7612 or US$1=C$1.3138. United States stocks were lower due to prolonged talks regarding another stimulus package during the COVID-19 pandemic. Democratic House Speaker […] Read more