WINNIPEG – The Canadian dollar was relatively steady on Tuesday morning, as the United States dollar lost a little bit of ground but that was tempered by slightly lower crude oil values. As of 8:36 am CDT, the loonie was at US$0.7425 or C$1.3470, compared to Monday’s close of US$0.7429 or US$1=C$1.3461. On the U.S. […] Read more

Compiled by MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The Canadian dollar slipped on Monday, due to gains in the United States dollar and small losses in crude oil prices. The loonie closed at US$0.7429 or US$1=C$1.3461, compared to Friday’s finish of US$0.7439 or US$1=C$1.3443. On the U.S. Dollar Index, the greenback added 0.331 of a […] Read more

By MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The Canadian dollar pulled back on Monday morning, giving way to a stronger United States dollar and weakness in crude oil prices. As of 8:33 am CDT, the loonie was at US$0.7424 or C$1.3469, compared to Friday’s close of US$0.7439 or US$1=C$1.3443. On the U.S. Dollar Index, the […] Read more

By MarketsFarm   WINNIPEG, Aug. 11 (MarketsFarm) – The Canadian dollar was weaker on Friday. The Canadian dollar settled at US$0.7439 or US$1=C$1.3443 on Friday, which compares with Thursday’s close of US$0.7458 or US$1=C$1.3409. West Texas Intermediate was up by 0.37 per cent at US$83.13 per barrel. The TSX Composite Index was stronger, gaining 64.76 […] Read more

By MarketsFarm   WINNIPEG, Aug. 11 (MarketsFarm) – The Canadian dollar was softer relative to its United States counterpart Friday morning. At 8:50 a.m. CDT Friday morning the Canadian dollar was at US$0.7431 or US$1=C$1.3457, which compares with Thursday’s close of US$0.7458 or US$1=C$1.3409. There were no significant domestic economic releases. Crude oil was slightly […] Read more

By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The Canadian dollar edged higher relative to its United States counterpart on Thursday despite weakness in crude oil. The Canadian dollar settled at US$0.7458 or US$1=C$1.3409 on Thursday, which compares with Wednesday’s close of US$0.7445 or US$1=C$1.3431. The U.S. Bureau of Labor reported that the country’s Consumer Price […] Read more

By MarketsFarm   WINNIPEG, Aug. 10 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, with rising inflation data out of the United States behind some of the activity in the global currency markets. At 9:18 a.m. CDT Thursday morning the Canadian dollar was at US$0.7469 or US$1=C$1.3389, which compares with Wednesday’s close of US$0.7445 […] Read more

By MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – The Canadian dollar was slightly firmer on Wednesday, taking back some of Tuesday’s losses relative to its United States counterpart. The Canadian dollar settled at US$0.7445 or US$1=C$1.3431 on Tuesday, which compares with Tuesday’s close of US$0.7432 or US$1=C$1.3456. The value of building permits issued in Canada was […] Read more

By MarketsFarm   WINNIPEG, Aug. 9 (MarketsFarm) – The Canadian dollar was slightly firmer Wednesday morning, seeing a correction after Tuesday’s declines relative to its United States counterpart. At 9:18 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7449 or US$1=C$1.3425, which compares with Tuesday’s close of US$0.7432 or US$1=C$1.3456. The value of building […] Read more

By MarketsFarm   WINNIPEG, Aug. 8 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, pressured by the country’s widening trade deficit. The Canadian dollar settled at US$0.7432 or US$1=C$1.3456 on Tuesday, which compares with Friday’s close of US$0.7488 or US$1=C$1.3355. Canadian markets were closed Monday for civic holidays. Canada’s international trade deficit widened to […] Read more