Currency markets

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

By MarketsFarm WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning, taking some direction from crude oil. At 8:41 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7250 or US$1=C$1.3793, which compares with Friday’s close of US$0.7293 or US$1=C$1.3712. Canadian markets were closed Monday for Thanksgiving. Crude oil was pressured by

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was relatively steady on Friday ahead of the Thanksgiving long weekend. Pressure from additional strength in the United States dollar was effectively countered by support from rising crude oil prices. The loonie closed at US$0.7293 or US$1=C$1.3712, compared to Thursday’s close of

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was virtually unchanged on Friday morning, still feeling the pressure of a strong United States dollar but buoyed by reduced unemployment in Canada and small gains in crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7291 or

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar fell back on Thursday sliding below 73 U.S. cents due to another surge in the United States dollar and on comments made by Bank of Canada Governor Tiff Macklem. The loonie closed at US$0.7289 or US$1=C$1.3719, compared to Wednesday’s close of US$0.7331

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was lower on Thursday morning, as the United States dollar resumed its upward climb. As of 8:35 am CDT, the Canadian dollar was at US$0.7304 or C$1.3696, compared to Wednesday’s close of US$0.7331 or C$1.3641. On the U.S. Dollar Index, the greenback

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was lower on Wednesday, as the United States dollar reversed course to surge upward. The loonie closed at US$0.7331 or US$1=C$1.3641, compared to Tuesday’s close of US$0.7367 or US$1=C$1.3574. On the U.S. Dollar Index, the greenback climbed 1.109 points at 111.090 following

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was pulling back on Wednesday morning, as the United States dollar surged and due to negative news on Canada’s trade surplus. As of 8:36 am CDT, the Canadian dollar was at US$0.7338 or C$1.3622, compared to Tuesday’s close of US$0.7367 or C$1.3574.

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, getting support from a weaker United States dollar, higher crude oil prices and a sharp uptick in the Toronto Stock Exchange. The loonie closed at US$0.7367 or US$1=C$1.3574, compared to Monday’s close of US$0.7320 or US$1=C$1.3662. On the