Currency markets

WINNIPEG – The Canadian dollar was a little bit lower on Thursday. As of 8:39 a.m. CDT, the loonie was at US$0.7717 or US$1=C$1.2958, compared to US$0.7727 or US$1=C$1.2942 on Wednesday. Statistics Canada reported on Wednesday that inflation rose in May to its highest level since 1983 at 7.7 per cent, exceeding economists’ average estimate

WINNIPEG – The Canadian dollar eased off on Wednesday as a new report from Statistics Canada showed another rise in inflation. As of 3:40 p.m. CDT, the loonie was at US$0.7725 or US$1=C$1.2945, down from US$0.7735 or US$1=C$1.2929 on Tuesday. The Bank of Canada did not settle its Canadian/United States dollar exchange rate at press

WINNIPEG – The Canadian dollar eased off on Wednesday after the release of a report from Statistics Canada. As of 8:42 a.m. CDT, the loonie was at US$0.7718 or US$1=C$1.2957, compared to US$0.7735 or US$1=C$1.2929 on Tuesday. The central data agency reported on Wednesday that inflation rose in May to its highest level since 1983

WINNIPEG – The Canadian dollar exceeded the 77 United States cent mark on Tuesday, despite mixed news from Statistics Canada. The loonie closed at US$0.7735 or US$1=C$1.2929, up from US$0.7696 or US$1=C$1.2994 on Monday. Statistics Canada reported on Tuesday that retail sales for the month of April increased 0.9 per cent and preliminary figures show

WINNIPEG – The Canadian dollar continued its bounce back, exceeding the 77 United States cents mark on Tuesday. As of 8:50 a.m. CDT, the loonie was at US$0.7728 or US$1=C$1.2940, compared to US$0.7696 or US$1=C$1.2994 on Monday. Statistics Canada reported on Tuesday that retail sales increased by 0.9 per cent in April with a preliminary

WINNIPEG – The Canadian dollar approached the 77 United States cent mark on Monday. The loonie closed at US$0.7696 or US$1=C$1.2994, up from US$0.7672 or US$1=C$1.3035 on Friday. The U.S. Dollar Index lost 0.25 of a point to 104.45 on Monday. Crude oil prices were a little bit higher to start the week as traders

WINNIPEG – The Canadian dollar made a slight gain on Monday to start the week. As of 8:39 a.m. CDT, the loonie was at US$0.7690 or US$1=C$1.3004, compared to US$0.7672 or US$1=C$1.23035 on Friday. The United States Dollar Index was down 0.25 of a point at 104.46. U.S. stock and bond markets are closed today

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its lowest levels in 19 months relative to its United States counterpart as losses in crude oil weighed on the energy-linked currency. The Canadian dollar closed at US$0.7672 or US$1=C$1.3035 on Friday, which compares with Thursday’s North American close of

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) The Canadian dollar was weaker Friday morning, dipping below 77 U.S. cents as mounting concerns over a global recession weighed on riskier assets. At 8:38 a.m. CDT Friday morning the Canadian dollar was at US$0.7670 or C$1.3038 which compares with Thursday’s North American close of US$0.7735 or C$1.2928. Canada’s

By MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The Canadian dollar was slightly firmer on Thursday, as gains in crude oil helped offset the pressure from declining equities. The Canadian dollar closed at US$0.7735 or US$1=C$1.2928 on Thursday, which compares with Wednesday’s North American close of US$0.7723 or US$1=C$1.2948. New sanctions by the United States against