Currency markets

By MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The Canadian dollar fell hard on Wednesday morning in the face of an upward surge in the United States dollar and weakness in crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7263 or C$1.3765, compared to Tuesday’s close of US$0.7312 or US$1=C$1.3677. On the

Compiled by MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar closed stronger on Tuesday, despite a slight uptick in the United States dollar and sharp losses in crude oil prices. The loonie closed at US$0.7312 or US$1=C$1.3677, compared to Monday’s close of US$0.7283 or US$1=C$1.3730. On the U.S. Dollar Index, the greenback nudged up

By MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The Canadian dollar continued to recoup recently lost strength on Tuesday morning, despite a tiny uptick in the United States dollar and declines in crude oil prices. As of 8:31 am CDT, the loonie was at US$0.7309 or C$1.3678, compared to Monday’s close of US$0.7283 or US$1=C$1.3730. On

Compiled by MarketsFarm WINNIPEG – The Canadian dollar was stronger on Monday, following supportive declines in the United States dollar. The loonie closed at US$0.7283 or US$1=C$1.3730, compared to Friday’s close of US$0.7243 or US$1=C$1.3807. On the U.S. Dollar Index, the greenback plummeted 0.902 of a point at 103.250. Benchmark crude oil prices were lower

By MarketsFarm WINNIPEG, March 13 (MarketsFarm) – The Canadian dollar was higher on Monday morning, benefitting from a decline in the United States dollar, but held back from further increases due to weaker crude oil. As of 8:33 am CDT, the loonie was at US$0.7258 or C$1.3773, compared to Friday’s close of US$0.7243 or US$1=C$1.3807.

WINNIPEG – The Canadian dollar was ended the week on a low note on Friday. The loonie closed at US$0.7243 or US$1=C$1.3807, down from US$0.7252 or US$1=C$1.3790 on Thursday, its lowest level since October. Statistics Canada (StatCan) reported earlier today that Canada added 21,800 jobs in February while holding the unemployment rate steady at five

WINNIPEG – The Canadian dollar saw no change on Friday morning. The loonie was at US$0.7252 or US$1=C$1.3790, unchanged from Thursday’s close, which is a four-month low. Statistics Canada (StatCan) reported today that the country added 21,800 jobs in February and the unemployment rate held steady at five per cent. Meanwhile, the United States Dollar

WINNIPEG – The Canadian dollar was left mostly unchanged on Thursday. The loonie closed at US$0.7252 or US$1=C$1.3790, down from US$0.7254 or US$1=C$1.3785 on Wednesday. The Bank of Canada (BoC) said on Wednesday it will keep its key interest rate steady at 4.5 per cent. The United States Dollar Index declined 0.39 of a point

WINNIPEG – The Canadian dollar saw little change on Thursday morning. The loonie was at US$0.7258 or US$1=C$1.3778, up from US$0.7254 or US$1=C$1.3785 at Wednesday’s close, which was a four-month low. The Bank of Canada (BoC) announced on Wednesday that it will leave its key interest rate at 4.5 per cent. Meanwhile, the United States

WINNIPEG – The Canadian dollar continued its downturn on Wednesday after an announcement from the Bank of Canada (BoC). The loonie closed at US$0.7254 or US$1=C$1.3785, down from US$0.7290 or US$1=C$1.3717 on Tuesday. The BoC said earlier today it will keep its key interest rate steady at 4.5 per cent. The United States Dollar Index