Currency Markets

By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning, getting strength from a weaker United States dollar and small upticks in global crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7574 or C$1.3199, compared to Tuesday’s close of US$0.7541 or US$1=C$1.3260. On the United States […] Read more

Compiled by MarketsFarm WINNIPEG, July 11 (MarketsFarm) – The Canadian dollar pushed upward on Tuesday, gaining ground on losses in the United States dollar and on upticks in global crude oil prices. The loonie closed at US$0.7541 or US$1=C$1.3260, compared to Monday’s finish of US$0.7528 or US$1=C$1.3284. On the U.S. Dollar Index the greenback was […] Read more

By MarketsFarm WINNIPEG, July 11 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning, benefitting from the gains in crude oil prices and a dip in the United States dollar. As of 8:35 am CDT, the loonie was at US$0.7539 or C$1.3270, compared to Monday’s close of US$0.7528 or US$1=C$1.3284. On the United […] Read more

Compiled by MarketsFarm WINNIPEG, July 10 (MarketsFarm) – The Canadian dollar was relatively steady on Monday, nudging up a small amount in light of a weaker United States dollar. The loonie closed at US$0.7528 or US$1=C$1.3284, compared to Friday’s finish of US$0.7523 or US$1=C$1.3293. On the U.S. Dollar Index the greenback was down 0.315 of […] Read more

WINNIPEG – The Canadian dollar rebounded above 75 United States cents to end the week. The loonie closed at US$0.7523 or US$1=C$1.3292 on Friday, compared to US$0.7492 or US$1=C$1.3348 on Thursday. Statistics Canada (StatCan) reported earlier today that 60,000 jobs were added in June, but the unemployment rate rose to 5.4 per cent. The U.S. […] Read more

WINNIPEG – The Canadian dollar found its way above the 75 United States cent mark on Friday morning. The loonie was at US$0.7508 or US$1=C$1.3319, up from US$0.7492 or US$1=C$1.3348 on Thursday. Statistics Canada reported earlier today that the country added 60,000 jobs in June, but the unemployment rate rose to 5.4 per cent, the […] Read more

WINNIPEG – The Canadian dollar closed below 75 United States cents for the first time since June 12 on Thursday. The loonie closed at US$0.7492 or US$1=C$1.3348 on Thursday, compared to US$0.7534 or US$1=C$1.3273 on Wednesday. Statistics Canada (StatCan) reported earlier today that the country posted a C$3.4 billion trade deficit in May, the largest […] Read more

WINNIPEG – The Canadian dollar continued its downturn on Thursday morning. The loonie was at US$0.7512 or US$1=C$1.3312, down from US$0.7534 or US$1=C$1.3273 on Wednesday. The United States Dollar Index declined 0.24 points to 103.13. Despite another draw from U.S. stockpiles and supply curbs from Saudi Arabia and Russia, crude oil was in decline. Brent […] Read more

WINNIPEG – The Canadian dollar fell to its lowest close in three weeks on Wednesday. The loonie closed at US$0.7534 or US$1=C$1.3273 on Wednesday, compared to US$0.7565 or US$1=C$1.3219 on Tuesday. The United States Dollar Index advanced 0.32 of a point at 103.36. Minutes from the U.S. Federal Reserve’s meeting in June, which were released […] Read more

WINNIPEG – The Canadian dollar took a step back on Wednesday morning. The loonie was at US$0.7545 or US$1=C$1.3254, down from US$0.7565 or US$1=C$1.3219 on Tuesday. The United States Dollar Index declined 0.06 points to 102.98. U.S. markets were closed on Tuesday for the Independence Day holiday. Crude oil made variable gains after Saudi Arabia […] Read more