Currency Markets

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding relatively steady Wednesday morning, taking a breather after hitting an eight-week high relative to its United States counterpart on Tuesday. At 8:48 a.m. CST Wednesday morning the Canadian dollar was trading at US$0.7362 or US$1=C$1.3583, which compares with Tuesday’s close of US$0.7363 or […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Tuesday, hitting its highest level in eight weeks as gains in crude oil and economic optimism provided support. The Canadian dollar settled at US$0.7363 or US$1=C$1.3581 on Tuesday, which compares with Monday’s close of US$0.7334 or US$1=C$1.3635. Comments from United States […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger Tuesday morning, with gains in crude oil providing some support. At 8:45 a.m. CST Tuesday morning the Canadian dollar was trading at US$0.7356 or US$1=C$1.3594, which compares with Monday’s close of US$0.7334 or US$1=C$1.3635. Average home prices in the United States climbed […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer relative to its United States counterpart on Monday, seeing a modest correction to start the week after hitting six-week highs on Friday. The Canadian dollar settled at US$0.7334 or US$1=C$1.3635 on Monday, which compares with Friday’s close of US$0.7341 or US$1=C$1.3623. West […] Read more

By MarketsFarm   WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, with weakness in crude oil pressuring the energy-linked currency. At 8:45 a.m. CST Monday morning the Canadian dollar was trading at US$0.7327 or US$1=C$1.3648, which compares with Friday’s close of US$0.7341 or US$1=C$1.3623. The Organization of Petroleum Exporting Countries […] Read more

Compiled by MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar gained a little more than four-tenths of a U.S. cent on Thursday, as the United States dollar took a hard hit, but losses in crude oil tempered further upticks. The loonie closed at US$0.7341 or US$1=C$1.3623, compared to Thursday’s finish of US$0.7300 or US$1=C$1.3699. […] Read more

By MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The Canadian dollar higher on Friday morning, as its United States counterpart pulled back. As of 8:34 am CST, the loonie was at US$0.7335 or C$1.3632, compared to Thursday’s close of US$0.7300 or US$1=C$1.3699. On the U.S. Dollar Index, the greenback gave up 0.380 of a point at […] Read more

Compiled by MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar finished at 73 United States on Thursday, exactly where the loonie closed on Tuesday. The loonie closed at US$0.7300 or US$1=C$1.3699, compared to Wednesday’s finish of US$0.7287 or US$1=C$1.3723. On the United States Dollar Index, the greenback slipped 0.170 of a point at 103.655. […] Read more

By MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The Canadian dollar was higher on Thursday morning, looking to return above 73 U.S. cents. As of 8:34 am CST, the loonie was at US$0.7298 or C$1.3702, compared to Wednesday’s close of US$0.7287 or US$1=C$1.3723. On the United States Dollar Index, the greenback dipped 0.050 of a point […] Read more

Compiled by MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The Canadian dollar eased back on Wednesday; after Bank of Canada governor Tiff Macklem stated the federal government’s new spending plans were helpful to the central bank’s monetary policy. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to Tuesday’s finish of US$0.7300 or US$1=C$1.3698. On the United […] Read more