Currency markets

By MarketsFarm   WINNIPEG, April 28 (MarketsFarm) – The Canadian dollar was slightly weaker relative to its United States counterpart Friday morning, as Canada’s latest inflation data failed to meet expectations. At 8:47 a.m. CDT Friday morning the Canadian dollar was at US$0.7335 or US$1=C$1.3633, which compares with Thursday’s close of US$0.7346 or US$1=C$1.3612. Canada’s

By MarketsFarm   WINNIPEG, April 27 (MarketsFarm) – The Canadian dollar edged slightly higher relative to its United States counterpart on Thursday, finding some support from a turn higher in crude oil. The Canadian dollar settled at US$0.7346 or US$1=C$1.3612 on Thursday, which compares with Wednesday’s close of US$0.7339 or US$1=C$1.3625. Crude oil was thought

By MarketsFarm   WINNIPEG, April 27 (MarketsFarm) – The Canadian dollar was holding steady Thursday morning. At 8:39 a.m. CDT Thursday morning the Canadian dollar was at US$0.7337 or US$1=C$1.3630, which compares with Wednesday’s close of US$0.7339 or US$1=C$1.3625. The minutes of the Bank of Canada’s latest policy meetings, which were released on Wednesday, were

By MarketsFarm   WINNIPEG, April 26 (MarketsFarm) – The Canadian dollar settled relatively unchanged on Wednesday, as investors reacted to the minutes of the Bank of Canada’s most recent monetary policy meetings. The Canadian dollar settled at US$0.7339 or US$1=C$1.3625 on Wednesday, which compares with Tuesday’s close of US$0.7341 or US$1=C$1.3623. The BoC minutes were

By MarketsFarm   WINNIPEG, April 26 (MarketsFarm) – The Canadian dollar was holding steady Wednesday morning. At 9:01 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7339 or US$1=C$1.3626, which compares with Tuesday’s close of US$0.7341 or US$1=C$1.3623. The Bank of Canada is set to release the minutes of its latest monetary policy meetings

By MarketsFarm WINNIPEG, April 25 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, as losses in crude oil and broad ‘risk-off’ sentiment in global financial markets weighed on the currency. The Canadian dollar settled at US$0.7341 or US$1=C$1.3623 on Tuesday, which compares with Monday’s close of US$0.7384 or US$1=C$1.3542. The Bank of Canada is

By MarketsFarm   WINNIPEG, April 25 (MarketsFarm) – The Canadian dollar was softer Tuesday morning, taking some direction from crude oil. At 8:38 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7347 or US$1=C$1.3611, which compares with Monday’s close of US$0.7384 or US$1=C$1.3542. The Bank of Canada is set to release the minutes of

By MarketsFarm   WINNIPEG, April 24 (MarketsFarm) – The Canadian dollar held steady on Monday, amid a lack of any significant market moving news. The Canadian dollar settled at US$0.7384 or US$1=C$1.3542 on Monday, which compares with Friday’s close of US$0.7386 or US$1=C$1.3539. The Bank of Canada is set to release the minutes of its

By MarketsFarm   WINNIPEG, April 24 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, with positioning in the currency markets ahead of next week’s United States Federal Reserve interest rate decision behind some of the activity. At 9:13 a.m. CDT Monday morning the Canadian dollar was at US$0.7381 or US$1=C$1.3548, which compares with

Compiled by MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar fell below 74 United States cents on Friday, despite a decline in the U.S. dollar and an upward nudge in crude oil. The Canadian dollar closed at US$0.7386 or US$1=C$1.3539, compared to Thursday’s finish of US$0.7424 or US$1=C$1.3469. On the U.S. Dollar Index, the