Currency markets

WINNIPEG – The Canadian dollar had a small decline on Tuesday after making a large gain on Monday. The loonie closed at US$0.7270 or US$1=C$1.3756, down from US$0.7283 or US$1=C$1.3730 on Monday. The United States Dollar Index was up 0.02 points at 112.06. Crude oil prices were lower on Tuesday after the White House indicated

By MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) – The Canadian dollar was slightly firmer Tuesday morning. A ‘risk-on’ attitude in global equity markets lending some support, while losses in crude oil weighed on the other side. At 9:27 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7290 or US$1=C$1.3717, which compares with Monday’s close of

WINNIPEG – The Canadian dollar started the week with a big boost after a major pullback by the United States greenback. The loonie closed at US$0.7283 or US$1=C$1.3730, up on Monday, up from US$0.7217 or US$1=C$1.3856 on Friday. The United States Dollar Index fell 1.16 points to 112.15, its lowest level since Oct. 5. Crude

By MarketsFarm WINNIPEG, Oct. 17 (MarketsFarm) – The Canadian dollar was stronger Monday morning, as gains in crude oil provided some support. At 9:15 a.m. CDT Monday morning the Canadian dollar was at US$0.7280 or US$1=C$1.3736, which compares with Friday’s close of US$0.7217 or US$1=C$1.3856. While global economic uncertainty and recession fears continued to circulate

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 14 (MarketsFarm) – The Canadian dollar was lower on Friday as the United States dollar regained the strength it lost yesterday. Weaker crude oil prices also contributed to the loonie’s decline. The Canadian dollar finished the day at US$0.7217 or US$1=C$1.3856, compared to Thursday’s close of US$0.7243 or

By MarketsFarm WINNIPEG, Oct. 14 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as a downturn in crude oil weighed on the energy-linked currency. At 9:23 a.m. CDT Friday morning the Canadian dollar was at US$0.7230 or US$1=C$1.3831, which compares with Thursday’s close of US$0.7243 or US$1=C$1.3806. Canadian manufacturing sales were down by 2.0

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday despite a decrease in the United States dollar and increases in crude oil prices. The loonie finished the day at US$0.7243 or US$1=C$1.3806, compared to Wednesday’s close of US$0.7245 or US$1=C$1.3802. On the U.S. Dollar Index, the

By MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, as inflation data out of the United States beat expectations. At 9:06 a.m. CDT Thursday morning the Canadian dollar was at US$0.7190 or US$1=C$1.3908, which compares with Wednesday’s close of US$0.7245 or US$1=C$1.3802. The U.S. consumer price index was up by

By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, taking some direction from crude oil. At 8:52 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7240 or US$1=C$1.3812, which compares with Tuesday’s close of US$0.7260 or US$1=C$1.3775. Crude oil remained pressured by global recessionary fears for the third session

By MarketsFarm WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, as losses in crude oil and a ‘risk-off’ sentiment in the global financial markets weighed on the currency. The Canadian dollar settled at US$0.7260 or US$1=C$1.3775 on Tuesday, which compares with Friday’s close of US$0.7293 or US$1=C$1.3712. Crude oil was pressured