Currency Markets

WINNIPEG – The Canadian dollar advanced on Thursday morning with help from rising crude oil prices. The loonie was at US$0.7579 or US$1=C$1.3194, up from US$0.7564 or US$1=C$1.3220 on Wednesday. The United States Dollar Index added 0.74 points to 101.63, the day after the U.S. Federal Reserve raised its key interest rates by 25 points […] Read more

Compiled by MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The Canadian dollar retreated on Wednesday, due to declines in crude oil prices but losses were cushioned by a weaker United States dollar. The loonie closed at US$0.7564 or US$1=C$1.3220, compared to Tuesday’s finish of US$0.7585 or US$1=C$1.3184. On the U.S. Dollar Index the greenback pulled back […] Read more

By MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The Canadian dollar was pulling back on Wednesday morning, due to declines in global crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7563 or C$1.3214, compared to Tuesday’s close of US$0.7585 or US$1=C$1.3184. On the U.S. Dollar Index, the greenback slipped 0.146 of a […] Read more

WINNIPEG – The Canadian dollar was slightly weaker against the United States dollar on Tuesday. The loonie closed at US$0.7585 or US$1=C$1.3184, compared to US$0.7592 or US$1=C$1.3172 on Monday. The U.S. Dollar Index was down 0.07 of a point at 101.28. Crude oil made gains due to upcoming economic measures to be implemented by China […] Read more

WINNIPEG – The Canadian dollar took a step away from the 76 United States cent mark on Tuesday morning. The loonie was at US$0.7575 or US$1=C$1.3201, down from US$0.7592 or US$1=C$1.3172 on Monday. The United States Dollar Index gained 0.22 points to 101.57. Crude oil showed small declines despite tighter supply and China’s plans to […] Read more

Compiled by MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The Canadian dollar gained almost a quarter cent on Monday, propelled by higher prices for crude oil. However, further gains were held back by strength in the United States dollar. The loonie closed at US$0.7592 or US$1=C$1.3172, compared to Friday’s finish of US$0.7569 or US$1=C$1.3212. On the […] Read more

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The Canadian dollar was a pinch higher on Monday morning, due to gains in global crude oil prices, but a somewhat stronger United States dollar stymied further upticks. As of 8:36 am CDT, the loonie was at US$0.7575 or C$1.3201, compared to Friday’s close of US$0.7569 or US$1=C$1.3212. […] Read more

WINNIPEG – The Canadian dollar edged lower relative to its United States counterpart on Friday, as the latest retail sales data failed to live up to expectations. The Canadian dollar settled at US$0.7569 or US$1=C$1.3212 on Friday, which compares with Thursday’s close of US$0.7592 or US$1=C$1.3171. Retail sales in Canada were up by 0.2 per […] Read more

By MarketsFarm   WINNIPEG, July 21 (MarketsFarm) – The Canadian dollar was slightly softer Friday morning, as retail sales data failed to live up to expectations. At 8:32 a.m. CDT Friday morning the Canadian dollar was at US$0.7573 or US$1=C$1.3205, which compares with Thursday’s close of US$0.7592 or US$1=C$1.3171. Retail sales in Canada were up […] Read more

By MarketsFarm   WINNIPEG, July 20 (MarketsFarm) – The Canadian dollar held steady on Thursday, lacking any clear direction. The Canadian dollar settled at US$0.7592 or US$1=C$1.3171 on Thursday, which compares with Wednesday’s close of US$0.7593 or US$1=C$1.3170. The number of Canadians receiving employment benefits increased by 2.5 per cent in May to hit 399,000, […] Read more