Currency markets

By MarketsFarm   WINNIPEG, Aug. 16 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, hitting its softest level in over two months relative to its United States counterpart. The Canadian dollar settled at US$0.7398 or US$1=C$1.3518 on Wednesday, which compares with Tuesday’s close of US$0.7417 or US$1=C$1.3482. Wholesale sales in Canada were down by

By MarketsFarm   WINNIPEG, Aug. 16 (MarketsFarm) – The Canadian dollar was slightly softer relative to its United States counterpart Wednesday morning. At 9:02 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7405 or US$1=C$1.3504, which compares with Tuesday’s close of US$0.7417 or US$1=C$1.3409. Wholesale sales in Canada were down by 2.8 per cent

Compiled by MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The Canadian dollar slid further Tuesday, devoid of support from crude oil prices, compounded by increased inflation in the country. The loonie closed at US$0.7417 or US$1=C$1.3482, compared to Monday’s finish of US$0.7429 or US$1=C$1.3461. On the U.S. Dollar Index, the greenback inched up 0.037 of a

WINNIPEG – The Canadian dollar was relatively steady on Tuesday morning, as the United States dollar lost a little bit of ground but that was tempered by slightly lower crude oil values. As of 8:36 am CDT, the loonie was at US$0.7425 or C$1.3470, compared to Monday’s close of US$0.7429 or US$1=C$1.3461. On the U.S.

Compiled by MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The Canadian dollar slipped on Monday, due to gains in the United States dollar and small losses in crude oil prices. The loonie closed at US$0.7429 or US$1=C$1.3461, compared to Friday’s finish of US$0.7439 or US$1=C$1.3443. On the U.S. Dollar Index, the greenback added 0.331 of a

By MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The Canadian dollar pulled back on Monday morning, giving way to a stronger United States dollar and weakness in crude oil prices. As of 8:33 am CDT, the loonie was at US$0.7424 or C$1.3469, compared to Friday’s close of US$0.7439 or US$1=C$1.3443. On the U.S. Dollar Index, the

By MarketsFarm   WINNIPEG, Aug. 11 (MarketsFarm) – The Canadian dollar was weaker on Friday. The Canadian dollar settled at US$0.7439 or US$1=C$1.3443 on Friday, which compares with Thursday’s close of US$0.7458 or US$1=C$1.3409. West Texas Intermediate was up by 0.37 per cent at US$83.13 per barrel. The TSX Composite Index was stronger, gaining 64.76

By MarketsFarm   WINNIPEG, Aug. 11 (MarketsFarm) – The Canadian dollar was softer relative to its United States counterpart Friday morning. At 8:50 a.m. CDT Friday morning the Canadian dollar was at US$0.7431 or US$1=C$1.3457, which compares with Thursday’s close of US$0.7458 or US$1=C$1.3409. There were no significant domestic economic releases. Crude oil was slightly

By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The Canadian dollar edged higher relative to its United States counterpart on Thursday despite weakness in crude oil. The Canadian dollar settled at US$0.7458 or US$1=C$1.3409 on Thursday, which compares with Wednesday’s close of US$0.7445 or US$1=C$1.3431. The U.S. Bureau of Labor reported that the country’s Consumer Price

By MarketsFarm   WINNIPEG, Aug. 10 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, with rising inflation data out of the United States behind some of the activity in the global currency markets. At 9:18 a.m. CDT Thursday morning the Canadian dollar was at US$0.7469 or US$1=C$1.3389, which compares with Wednesday’s close of US$0.7445