Currency Markets

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

By MarketsFarm   WINNIPEG, Nov. 9 (MarketsFarm) – The Canadian dollar was slightly firmer Thursday morning, seeing some modest strength after falling relative to its United States counterpart the previous three sessions. At 8:45 a.m. CST Wednesday morning the Canadian dollar was trading at US$0.7264 or US$1=C$1.3767, which compares with Wednesday’s close of US$0.7248 or […] Read more

By MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7248 or US$1=C$1.3797 on Wednesday, which compares with Tuesday’s close of US$0.7267 or US$1=C$1.3760. The monthly value of building permits issued in Canada fell by 6.5 […] Read more

By MarketsFarm   WINNIPEG, Nov. 8 (MarketsFarm) – The Canadian dollar was weaker Wednesday morning, as general strength in the United States dollar and weakness in crude oil weighed on the currency. At 8:45 a.m. CST Wednesday morning the Canadian dollar was trading at US$0.7256 or US$1=C$1.3782, which compares with Tuesday’s close of US$0.7267 or […] Read more

By MarketsFarm   WINNIPEG, Nov. 7 (MarketsFarm) – The Canadian dollar was weaker on Tuesday as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7267 or US$1=C$1.3760 on Tuesday, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Canada’s merchandise exports were up by 2.7 per cent in September […] Read more

By MarketsFarm   WINNIPEG, Nov. 7 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, as losses in crude oil weighed on the energy-linked currency. At 8:39 a.m. CST Tuesday morning the Canadian dollar was trading at US$0.7266 or US$1=C$1.3763, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Canada’s merchandise exports were up by […] Read more