Currency markets

By MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – The Canadian dollar was slightly firmer on Wednesday, taking back some of Tuesday’s losses relative to its United States counterpart. The Canadian dollar settled at US$0.7445 or US$1=C$1.3431 on Tuesday, which compares with Tuesday’s close of US$0.7432 or US$1=C$1.3456. The value of building permits issued in Canada was

By MarketsFarm   WINNIPEG, Aug. 9 (MarketsFarm) – The Canadian dollar was slightly firmer Wednesday morning, seeing a correction after Tuesday’s declines relative to its United States counterpart. At 9:18 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7449 or US$1=C$1.3425, which compares with Tuesday’s close of US$0.7432 or US$1=C$1.3456. The value of building

By MarketsFarm   WINNIPEG, Aug. 8 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, pressured by the country’s widening trade deficit. The Canadian dollar settled at US$0.7432 or US$1=C$1.3456 on Tuesday, which compares with Friday’s close of US$0.7488 or US$1=C$1.3355. Canadian markets were closed Monday for civic holidays. Canada’s international trade deficit widened to

By MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning. Losses in crude oil and disappointing economic data weighed on the currency as activity in the Canadian markets resumed after the August long weekend. At 9:11 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7412 or US$1=C$1.3492, which compares with

WINNIPEG – The Canadian dollar eased off a little entering the August long weekend. The loonie closed at US$0.7488 or US$1=C$1.3355, compared to US$0.7490 or US$1=C$1.3251 on Thursday. Statistics Canada reported earlier today that the country’s unemployment rate went up 0.1 of a percentage point to 5.5 per cent, its third consecutive monthly increase. Canadian

By MarketsFarm   WINNIPEG, Aug. 4 (MarketsFarm) – The Canadian dollar was holding relatively steady Friday morning, as the country’s unemployment rate edged higher. At 8:58 a.m. CDT Friday morning the Canadian dollar was at US$0.7489 or US$1=C$1.3205, which compares with Thursday’s close of US$0.7490 or US$1=C$1.3351. Canada’s unemployment rate increased 0.1 percentage point in

Compiled by MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The Canadian dollar lost almost a tenth of a cent on Thursday, despite support from higher crude oil prices along with slightly lower United States dollar. The loonie closed at US$0.7490 or US$1=C$1.3351, compared to Wednesday’s finish of US$0.7499 or US$1=C$1.3335. On the U.S. Dollar Index, the

By MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The Canadian dollar slipped a little further on Thursday morning in the face of more strength in the United States dollar. As of 8:37 am CDT, the loonie was at US$0.7490 or C$1.3353, compared to Wednesday’s close of US$0.7499 or US$1=C$1.3335. On the U.S. Dollar Index, the greenback

Compiled by MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – The Canadian dollar gave up a quarter of a cent on Wednesday as the United States dollar pressed ahead with its upward trajectory and crude oil prices fell back. The loonie closed at US$0.7499 or US$1=C$1.3335, compared to Tuesday’s finish of US$0.7524 or US$1=C$1.3291. On the U.S.

By MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – The Canadian dollar remained on its slide Wednesday morning, getting pressure from modest gains in the United States dollar but losses were tempered by slight increases in crude oil. As of 8:34 am CDT, the loonie was at US$0.7505 or C$1.3327, compared to Tuesday’s close of US$0.7524 or