Currency Markets

By MarketsFarm WINNIPEG, June 19 (MarketsFarm) – The Canadian dollar was relatively steady on Monday morning, with pressure from small upticks in the United States dollar and slight declines in crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7581 or C$1.3189, compared to Friday’s close of US$0.7577 or US$1=C$1.3198. On the […] Read more

WINNIPEG – The Canadian dollar ended the week at its highest weekly close in 2023. The loonie closed at US$0.7577 or US$1=C$1.3198, compared to US$0.7546 or US$1=C$1.3252 on Thursday. The United States Dollar Index gained 0.22 of a point at 102.33. There will be no trading in the U.S. grain markets on Monday, while others […] Read more

WINNIPEG – The Canadian dollar was looking to end the week with its highest close in months. The loonie was at US$0.7569 or US$1=C$1.3212, up from US$0.7546 or US$1=C$1.3252 on Thursday. The United States Dollar Index gained 0.07 of a point at 102.19 after declining over the past few days. After prices jumped on Thursday […] Read more

WINNIPEG – The Canadian dollar extended its recent climb, reaching a calendar-year high close. The loonie closed at US$0.7546 or US$1=C$1.3252, compared to US$0.7520 or US$1=C$1.3297 on Wednesday. The United States Dollar Index fell 0.82 of a point at 102.12. The Federal Reserve announced on Wednesday it was leaving its key interest rates unchanged. Earlier […] Read more

WINNIPEG – The Canadian dollar eased off on Thursday morning, but remained above the 75 United States cent mark. The loonie was at US$0.7515 or US$1=C$1.3307, down from US$0.7520 or US$1=C$1.3298 on Wednesday. The U.S. Dollar Index declined 0.23 of a point at 102.72. The Federal Reserve announced on Wednesday it was leaving its key […] Read more

WINNIPEG – The Canadian dollar made a small advance on Wednesday after the United States Federal Reserve announced the direction it will take with its key interest rates. The loonie closed at US$0.7520 or US$1=C$1.3297, compared to US$0.7513 or US$1=C$1.3310 on Tuesday. The U.S. Dollar Index moved down 0.32 of a point at 103.02. The […] Read more

WINNIPEG – The Canadian dollar remained above the 75 United States cent mark on Wednesday hours before the Federal Reserve makes its latest key interest rate decision. The loonie was at US$0.7523 or US$1=C$1.3293, up from US$0.7513 or US$1=C$1.3310 on Tuesday. The U.S. Dollar Index dropped 0.48 of a point at 102.86. The Fed is […] Read more

WINNIPEG – For the first time since Feb. 2, the Canadian dollar ended the day above the 75 United States cent mark on Tuesday. The loonie closed at US$0.7513 or US$1=C$1.3310, compared to US$0.7482 or US$1=C$1.3366 on Monday. The U.S. Dollar Index moved down 0.36 of a point at 103.29. The U.S. Bureau of Labor […] Read more

WINNIPEG – The Canadian dollar sat above the 75 United States cent mark after a jump in crude oil prices on Tuesday morning. The loonie was at US$0.7502 or US$1=C$1.3330, down from US$0.7482 or US$1=C$1.3366 on Monday. The U.S. Dollar Index dropped 0.45 of a point at 103.21. The U.S. Bureau of Labor Statistics announced […] Read more

WINNIPEG – The Canadian dollar started the week with a small decline as crude oil prices took a hit. The loonie closed at US$0.7482 or US$1=C$1.3366, compared to US$0.7496 or US$1=C$1.3341 on Friday. The United States Dollar Index moved up 0.06 of a point at 103.62. Crude oil dropped on Monday after Goldman Sachs Group […] Read more