Currency Markets

WINNIPEG – The Canadian dollar held relatively steady on Monday, finding some support from a firm tone in crude oil. The Canadian dollar settled at US$0.7312 or US$1=C$1.3676 on Monday, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. Canada’s seasonally adjusted Ivey Purchasing Index came in at 53.4 in October, beating the 53.1 reading […] Read more

By MarketsFarm   WINNIPEG, Nov. 6 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning, underpinned by gains in crude oil. At 8:47 a.m. CDT Monday morning the Canadian dollar was trading at US$0.7315 or US$1=C$1.3671, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. Confirmation from Saudi Arabia and Russia over the weekend […] Read more

Compiled by MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar jumped a half cent on Friday, as its United States counterpart continued to tumble. The loonie closed at US$0.7308 or US$1=C$1.3683, compared to Thursday’s finish of US$0.7258 or US$1=C$1.3778. On the U.S. Dollar Index, the greenback plummeted 1.042 points at 104.935. Benchmark crude oil […] Read more

By MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The Canadian dollar continued on its upward surge Friday morning, as its United States counterpart dropped back. As of 8:33 am CDT, the loonie was at US$0.7309 or C$1.3687, compared to Thursday’s close of US$0.7258 or US$1=C$1.3778. On the U.S. Dollar Index, the greenback fell 0.822 of a […] Read more

Compiled by MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as its United Stated counterpart lost significant ground and global crude oil prices made healthy gains. The loonie closed at US$0.7258 or US$1=C$1.3778, compared to Wednesday’s finish of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar Index, the greenback tumbled 0.685 […] Read more

By MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The Canadian dollar was spiking on Thursday morning, supported by sharp losses in the United States dollar and upticks in global crude oil prices. As of 8:37 am CDT, the loonie was at US$0.7259 or C$1.3777, compared to Wednesday’s close of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar […] Read more

Compiled by MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar was virtually unchanged on Wednesday, as the United States dollar and global crude prices offered little direction either way. The loonie closed at US$0.7207 or US$1=C$1.3875, compared to Monday’s finish of US$0.7209 or US$1=C$1.3871. On the U.S. Dollar Index, the greenback eased back 0.029 […] Read more

By MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The Canadian dollar was eased back on Wednesday morning, as pressure from a stronger United States dollar was essentially balanced by support from higher crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7202 or C$1.3882, compared to Tuesday’s close of US$0.7209 or US$1=C$1.3871. On […] Read more

Compiled by MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The Canadian dollar continued its downward slide on Tuesday, shedding two-tenths of a cent as its United States counterpart was on the rise, while somewhat grim economic news came from Statistics Canada, and crude oil fell back. The loonie closed at US$0.7209 or US$1=C$1.3871, compared to Monday’s […] Read more

By MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The Canadian dollar slipped back on Tuesday morning, due to a stronger United States dollar and following the release of gross domestic product data. As of 8:35 am CDT, the loonie was at US$0.7210 or C$1.3875, compared to Monday’s close of US$0.7229 or US$1=C$1.3833. On the U.S. Dollar […] Read more