Currency markets

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

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

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

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

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

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

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

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

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

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