Currency markets

By MarketsFarm   WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar held relatively steady on Friday, lacking any clear direction despite a rally in crude oil as the currency saw some consolidation ahead of the weekend. The Canadian dollar settled at US$0.7320 or US$1=C$1.3661 on Friday, which compares with Thursday’s close of US$0.7322 or US$1=C$1.3657.

By MarketsFarm   WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was slightly softer Friday morning despite gains in crude oil. At 8:57 a.m. CDT Friday morning the Canadian dollar was at US$0.7313 or US$1=C$1.3674, which compares with Thursday’s close of US$0.7322 or US$1=C$1.3657. Sales of existing homes in Canada fell by 1.9 per cent

By MarketsFarm   WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar weakened relative to its United States counterpart on Thursday as U.S. inflation data beat expectations. The Canadian dollar settled at US$0.7322 or US$1=C$1.3657 on Thursday, which compares with Wednesday’s close of US$0.7351 or US$1=C$1.3603. Inflation in the U.S. held steady in September, with the

By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning. At 9:11 a.m. CDT Thursday morning the Canadian dollar was at US$0.7333 or US$1=C$1.3637, which compares with Wednesday’s close of US$0.7351 or US$1=C$1.3603. Inflation in the U.S. held steady in September, with the country’s

By MarketsFarm   WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was slightly softer on Wednesday, as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7351 or US$1=C$1.3603 on Tuesday, which compares with Tuesday’s close of US$0.7358 or US$1=C$1.3591. The value of building permits issued in Canada increased by

By MarketsFarm   WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was holding steady Wednesday morning, lacking any clear direction. At 8:57 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7361 or US$1=C$1.3585, which compares with Tuesday’s close of US$0.7358 or US$1=C$1.3591. The value of building permits issued in Canada increased by 3.4 per

By MarketsFarm   WINNIPEG, Oct. 10 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, rebalancing with its United States counterpart after Canadian markets were closed Monday for Thanksgiving. The Canadian dollar settled at US$0.7358 or US$1=C$1.3591 on Tuesday, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. The conflict between Hamas and Israel caused

WINNIPEG (MarketsFarm) – The Canadian dollar was stronger Tuesday morning as activity resumed after Monday’s Thanksgiving holiday. At 8:55 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7357 or US$1=C$1.3592, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. The conflict between Hamas and Israel caused crude oil bids to jump higher on Monday

Compiled by MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar returned above 73 United States cents on Friday, getting assistance from a lower U.S. dollar and slightly improved crude oil prices. The loonie closed at US$0.7308 or US$1=C$1.3683, compared to Thursday’s finish of US$0.7282 or US$1=C$1.3733. On the U.S. Dollar Index, the greenback was

By MarketsFarm   WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was firmer Friday morning, as currency traders reacted to updated North American jobs data. At 8:55 a.m. CDT Friday morning the Canadian dollar was at US$0.7287 or US$1=C$1.3723, which compares with Thursday’s close of US$0.7282 or US$1=C$1.3733. Canada added 64,000 jobs in September, with