Currency Markets

Compiled by MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The Canadian dollar felt the pressure from the banking crisis on Wednesday. Concerns over the failure of the Silicon Valley Bank and the Signature Bank in the United States were ramped up today as European bank Credit Suisse teetered on the verge of collapse. The loonie closed […] Read more

By MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The Canadian dollar fell hard on Wednesday morning in the face of an upward surge in the United States dollar and weakness in crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7263 or C$1.3765, compared to Tuesday’s close of US$0.7312 or US$1=C$1.3677. On the […] Read more

Compiled by MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar closed stronger on Tuesday, despite a slight uptick in the United States dollar and sharp losses in crude oil prices. The loonie closed at US$0.7312 or US$1=C$1.3677, compared to Monday’s close of US$0.7283 or US$1=C$1.3730. On the U.S. Dollar Index, the greenback nudged up […] Read more

By MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar continued to recoup recently lost strength on Tuesday morning, despite a tiny uptick in the United States dollar and declines in crude oil prices. As of 8:31 am CDT, the loonie was at US$0.7309 or C$1.3678, compared to Monday’s close of US$0.7283 or US$1=C$1.3730. On […] Read more

Compiled by MarketsFarm WINNIPEG – The Canadian dollar was stronger on Monday, following supportive declines in the United States dollar. The loonie closed at US$0.7283 or US$1=C$1.3730, compared to Friday’s close of US$0.7243 or US$1=C$1.3807. On the U.S. Dollar Index, the greenback plummeted 0.902 of a point at 103.250. Benchmark crude oil prices were lower […] Read more

By MarketsFarm WINNIPEG, March 13 (MarketsFarm) – The Canadian dollar was higher on Monday morning, benefitting from a decline in the United States dollar, but held back from further increases due to weaker crude oil. As of 8:33 am CDT, the loonie was at US$0.7258 or C$1.3773, compared to Friday’s close of US$0.7243 or US$1=C$1.3807. […] Read more

WINNIPEG – The Canadian dollar was ended the week on a low note on Friday. The loonie closed at US$0.7243 or US$1=C$1.3807, down from US$0.7252 or US$1=C$1.3790 on Thursday, its lowest level since October. Statistics Canada (StatCan) reported earlier today that Canada added 21,800 jobs in February while holding the unemployment rate steady at five […] Read more

WINNIPEG – The Canadian dollar saw no change on Friday morning. The loonie was at US$0.7252 or US$1=C$1.3790, unchanged from Thursday’s close, which is a four-month low. Statistics Canada (StatCan) reported today that the country added 21,800 jobs in February and the unemployment rate held steady at five per cent. Meanwhile, the United States Dollar […] Read more

WINNIPEG – The Canadian dollar was left mostly unchanged on Thursday. The loonie closed at US$0.7252 or US$1=C$1.3790, down from US$0.7254 or US$1=C$1.3785 on Wednesday. The Bank of Canada (BoC) said on Wednesday it will keep its key interest rate steady at 4.5 per cent. The United States Dollar Index declined 0.39 of a point […] Read more

WINNIPEG – The Canadian dollar saw little change on Thursday morning. The loonie was at US$0.7258 or US$1=C$1.3778, up from US$0.7254 or US$1=C$1.3785 at Wednesday’s close, which was a four-month low. The Bank of Canada (BoC) announced on Wednesday that it will leave its key interest rate at 4.5 per cent. Meanwhile, the United States […] Read more