Currency Markets

WINNIPEG – The Canadian dollar moved upwards on Friday morning, looking to end the week on a high note. The loonie was at US$0.7293 or US$1=C$1.3712, higher than Thursday’s close of US$0.7273 or US$1=C$1.3750. The United States Dollar Index shed 0.23 of a point to 104.11. Crude oil prices recouped some of the losses suffered […] Read more

WINNIPEG – The Canadian dollar took a step back on Thursday after a collapse in crude oil prices. The loonie closed Thursday at US$0.7273 or US$1=C$1.3749, compared to US$0.7313 or US$1=C$1.3675 on Wednesday. The United States Dollar Index was virtually unchanged at 104.41 points. Crude oil suffered major losses due to weakened demand and the […] Read more

WINNIPEG – The Canadian dollar took a step back on Thursday morning. The loonie was at US$0.7280 or US$1=C$1.3736, lower than Wednesday’s close of US$0.7313 or US$1=C$1.3675. The United States Dollar Index was down 0.07 of a point at 104.32. Crude oil prices continued to be in decline on Thursday. Brent crude oil fell US$1.60 […] Read more

WINNIPEG – The Canadian dollar moved above the 73 United States cent mark on Wednesday morning and ended the day there as well. The loonie closed at US$0.7313 or US$1=C$1.3675, compared to US$0.7286 or US$1=C$1.3725 on Tuesday. The U.S. Dollar Index regained some of what it had lost on Tuesday, gaining 0.36 of a point […] Read more

WINNIPEG – The Canadian dollar moved above the 73 United States cent mark on Wednesday. The loonie was at US$0.7314 or US$1=C$1.3672, higher than Tuesday’s close of US$0.7286 or US$1=C$1.3725. The U.S. Dollar Index rebounded slightly after a large drop on Tuesday, adding 0.27 of a point to 104.33. Crude oil prices were lower after […] Read more

WINNIPEG – The Canadian dollar made a large gain on Tuesday due to weakness in the United States dollar. The loonie closed on Tuesday at US$0.7286 or US$1=C$1.3725, compared to US$0.7236 or US$1=C$1.3819 on Friday. The Bank of Canada (BoC) did not publish a closing exchange rate on Monday due to Remembrance Day. The U.S. […] Read more

WINNIPEG – Coming off the long weekend, the Canadian dollar advanced on Tuesday, largely due to a weakened United States greenback. The loonie was at US$0.7272 or US$1=C$1.3751 on Tuesday morning, higher than Friday’s close of US$0.7236 or US$1=C$1.3819. The Bank of Canada (BoC) did not publish a closing exchange rate on Monday due to […] Read more

By MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar was weaker on Friday, losing ground relative to its United States counterpart despite gains in crude oil. The Canadian dollar settled at US$0.7236 or US$1=C$1.3819 on Friday, which compares with Thursday’s close of US$0.7256 or US$1=C$1.3781. Crude oil was underpinned by ideas losses earlier in […] Read more

By MarketsFarm   WINNIPEG, Nov. 10 (MarketsFarm) – The Canadian dollar was slightly softer Friday morning, weakening relative to its United States counterpart despite gains in crude oil. At 9:02 a.m. CST Friday morning the Canadian dollar was trading at US$0.7219 or US$1=C$1.3852, which compares with Thursday’s close of US$0.7256 or US$1=C$1.3781. Crude oil was […] Read more

By MarketsFarm   WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar was slightly firmer on Thursday, as currency markets reacted to the latest comments from the United States Federal Reserve. The Canadian dollar settled at US$0.7256 or US$1=C$1.3781 on Wednesday, which compares with Tuesday’s close of US$0.7248 or US$1=C$1.3797. The U.S. central bank is in […] Read more