Currency markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning, aided by a weaker United States dollar and rising crude oil prices. As of 8:34 am CDT, the Canadian dollar was at US$0.7334 or C$1.3636, compared to Monday’s close of US$0.7320 or C$1.3662. On the U.S.

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The Canadian dollar closed higher on Monday, adding nearly a quarter of a cent as the United States dollar pulled back and crude oil prices swung upward. The loonie closed at US$0.7320 or US$1=C$1.3662, compared to Thursday’s close of US$0.7296 or US$1=C$1.3707. On the U.S.

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The Canadian dollar was virtually unchanged on Monday morning as a strong United States dollar countered any gains from a spike in global crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7298 or C$1.3699, compared to Thursday’s close of US$0.7296

By MarketsFarm WINNIPEG, Sep. 30 (MarketsFarm) – The Canadian dollar saw continued weakness relative to its United States counterpart on Friday, although there was no official close due to the National Day for Truth and Reconciliation. The Canadian dollar was trading at US$0.7241 or US$1=C$1.3810 late Friday, which compares with Thursday’s close of US$0.7296 or

By MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The Canadian dollar was slightly weaker Friday morning, although activity was thin with many Canadian government and financial institutions closed for the National Day for Truth and Reconciliation. At 8:41 a.m. CDT Friday morning the Canadian dollar was at US$0.7280 or US$1=C$1.3736, which compares with Thursday’s close of

By MarketsFarm WINNIPEG, Sep. 29 (MarketsFarm) – The Canadian dollar was weaker on Thursday, amid broad global economic uncertainty and a general tone of risk aversion in the financial markets. The Canadian dollar settled at US$0.7296 or US$1=C$1.3707 on Thursday, which compares with Wednesday’s close of US$0.7321 or US$1=C$1.3660. The weakness in the currency came

By MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The Canadian dollar was slightly weaker Thursday morning as investors reacted to updated domestic economic data. At 8:45 a.m. CDT Thursday morning the Canadian dollar was at US$0.7310 or US$1=C$1.3680, which compares with Wednesday’s close of US$0.7321 or US$1=C$1.3660. Canada’s gross domestic product was up by 0.1 per

By MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The Canadian dollar was slightly firmer Wednesday morning, as the currency held above the multi-year lows hit earlier in the week. At 8:44 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7300 or US$1=C$1.3699, which compares with Tuesday’s close of US$0.7285 or US$1=C$1.3726. A firmer tone in

Canadian Financial Close: C$ holds rangebound By MarketsFarm WINNIPEG, Sep. 27 (MarketsFarm) – The Canadian dollar held within a narrow range on Tuesday, seeing some consolidation after dropping sharply relative to its United States counterpart on Monday. The Canadian dollar settled at US$0.7285 or US$1=C$1.3726 on Tuesday, which compares with Monday’s close of US$0.7291 or

By MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The Canadian dollar was only slightly weaker Tuesday morning, taking a breather after falling to its lowest level in over two years relative to its United States counterpart. At 8:44 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7280 or US$1=C$1.3736, which compares with Monday’s close of