Currency Markets

Compiled by MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The Canadian dollar dipped slightly on Wednesday in trying to hold its own against lower crude oil prices. A stronger Canadian economy helped to fend off further declines. The loonie closed at US$0.7351 or US$1=C$1.3603, compared to Monday’s finish of US$0.7354 or US$1=C$1.3598. On the U.S. Dollar […] Read more

By MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The Canadian dollar was lower on Wednesday morning despite Statistics Canada’s latest report on economic growth. Pressure came from gains in the United States dollar and declines in crude oil prices. As of 8:39 am CDT, the loonie was at US$0.7339 or C$1.3623, compared to Tuesday’s close of […] Read more

Compiled by MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The Canadian dollar held steady on Tuesday as the oil-currency fended off pressure from sharp declines in crude prices. The loonie closed at US$0.7354 or US$1=C$1.3598, compared to Monday’s finish of US$0.7357 or US$1=C$1.3593. On the U.S. Dollar Index, the greenback slipped 0.141 of a point at […] Read more

By MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The Canadian dollar was virtually unchanged on Tuesday morning as the United States dollar and global crude oil prices slipped back. As of 8:35 am CDT, the loonie was at US$0.7354 or C$1.3597, compared to Monday’s close of US$0.7357 or US$1=C$1.3593. On the U.S. Dollar Index, the greenback […] Read more

Compiled by MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The Canadian dollar added a little bit of ground on Monday due to the tentative deal reached to raise the United States government’s debt ceiling. The loonie closed at US$0.7357 or US$1=C$1.3593, compared to Friday’s finish of US$0.7341 or US$1=C$1.3623. On the U.S. Dollar Index, the greenback […] Read more

By MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The Canadian dollar was slightly higher on Monday morning despite small upticks in the United States dollar and declines in crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7349 or C$1.3609, compared to Friday’s close of US$0.7341 or US$1=C$1.3623. On the U.S. Dollar Index, […] Read more

WINNIPEG – The Canadian dollar was relatively steady at the end of the week. The loonie closed at US$0.7341 or US$1=C$1.3623, compared to US$0.7338 or US$1=C$1.3628 on Thursday. The United States Dollar Index declined 0.05 of a point at 104.21. There will be no trading in the U.S. on Monday due to the Memorial Day […] Read more

WINNIPEG – The Canadian dollar was relatively steady on Friday morning. The loonie was at US$0.7339 or US$1=C$1.3626, up from US$0.7338 or US$1=C$1.3628 on Thursday. The United States Dollar Index dropped 0.12 of a point at 104.13. There will be no trading in the U.S. on Monday due to the Memorial Day holiday. Crude oil […] Read more

WINNIPEG – The Canadian dollar saw a decline of a quarter cent on Thursday. The loonie closed at US$0.7338 or US$1=C$1.3628, compared to US$0.7363 or US$1=C$1.3582 on Wednesday. The United States Dollar Index increased 0.36 of a point at 104.25. The U.S. Commerce Department reported today that the country’s economy grew at a 1.3 per […] Read more

WINNIPEG – The Canadian dollar slid downwards Thursday morning. The loonie was at US$0.7340 or US$1=C$1.3624, down from US$0.7363 or US$1=C$1.3582 on Wednesday. The United States Dollar Index added 0.26 of a point at 104.15. The U.S. Commerce Department reported that the country’s economy grew at an annual rate of 1.3 per cent in the […] Read more