Currency Markets

By MarketsFarm WINNIPEG, April 14 (MarketsFarm) – The Canadian dollar held relatively steady on Thursday, as pressure from the broad strength seen by the United States dollar internationally was countered by gains in crude oil. The Canadian dollar closed at US$0.7936 or US$1=C$1.2601 on Thursday, which compares with Wednesday’s North American close of US$0.7932 or […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – The Canadian dollar was higher on Thursday morning despite gains in the United States dollar and lower crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7948 or C$1.2582, compared to Wednesday’s close of US$0.7932 or C$1.2607. On the U.S. Dollar […] Read more

By MarketsFarm WINNIPEG, April 13 (MarketsFarm) – The Canadian dollar held relatively steady on Wednesday, recovering from earlier weakness as gains in crude oil and increased Canadian interest rates provided support. The Canadian dollar closed at US$0.7932 or US$1=C$1.2607 on Tuesday, which compares with Tuesday’s North American close of US$0.7926 or US$1=C$1.2617. The Bank of […] Read more

By MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar held relatively steady on Tuesday, with gains in crude oil providing some underlying support for the energy-linked currency. The Canadian dollar closed at US$0.7926 or US$1=C$1.2617 on Tuesday, which compares with Monday’s North American close of US$0.7923 or US$1=C$1.2621. The Bank of Canada will make […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar was a pinch higher on Tuesday morning, as global crude oil prices recovered a large chunk of yesterday’s losses. As of 8:36 am CDT, the Canadian dollar was at US$0.7929 or C$1.2612, compared to Monday’s close of US$0.7923 or C$1.2621. The Bank […] Read more

By MarketsFarm WINNIPEG, April 11 (MarketsFarm) – The Canadian dollar was weaker on Monday, with losses in crude oil putting some pressure on the energy-linked currency. The Canadian dollar closed at US$0.7923 or US$1=C$1.2621 on Monday, which compares with Friday’s North American close of US$0.7943 or US$1=C$1.2589. Renewed COVID-19 lockdown measures in China raised concerns […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 11 (MarketsFarm) – The Canadian dollar was lower on Monday morning, following an increase in the United States dollar and sharp declines in global crude oil prices. As of 8:35 am CDT, the Canadian dollar was at US$0.7929 or C$1.2610, compared to Friday’s close of US$0.7943 or C$1.2589. […] Read more

WINNIPEG – The Canadian dollar remained relatively steady on Friday despite record-breaking job data from Statistics Canada. The loonie closed at US$0.7943 or US$1=C$1.2589, down from Thursday’s close of US$0.7947 or US$1=C$1.2584. Earlier on Friday, Canada’s central data agency reported that the country added 72,500 jobs to the economy in March, reducing the unemployment rate […] Read more

WINNIPEG – The Canadian dollar took a step back on Friday despite welcome economic news from Statistics Canada. As of 8:37 a.m. CDT, the loonie was at US$0.7932 or US$1=C$1.2607, compared to Thursday’s closing value of US$0.7947 or US$1=C$1.2584. Canada’s central data agency reported on Friday that the economy added 72,500 jobs in March, reducing […] Read more

WINNIPEG – The Canadian dollar dropped on Thursday as the federal government tabled its budget in the House of Commons. The loonie closed at US$0.7947 or US$1=C$1.2584, down from Wednesday’s close of US$0.7994 or US$1=C$1.2509. The federal budget, which will reportedly include a surtax on financial institutions that made huge profits during the COVID-19 pandemic […] Read more