Currency markets

By MarketsFarm WINNIPEG, June 10 (MarketsFarm) The Canadian dollar was weaker Friday morning, seeing a continuation of Thursday’s sharp drop relative to its United States counterpart as U.S. inflation hit its highest level in over 40 years. At 8:42 a.m. CDT Friday morning the Canadian dollar was at US$0.7824 or C$1.2781 which compares with Thursday’s

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The Canadian dollar retreated on Thursday, marking the biggest one-day loss in 10 months. A surge in the United States dollar and weaker crude oil prices end the loonie’s steady climb. The loonie closed at US$0.7909 or US$1=C$1.2644, compared to Wednesday’s close of US$0.7974 or

By MarketsFarm WINNIPEG, June 9 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning, as losses in crude oil and world equity markets helped take the currency off its recently hit seven-week highs. At 8:46 a.m. CDT Thursday morning the Canadian dollar was at US$0.7947 or C$1.2583 which compares with Wednesday’s North American close of

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The Canadian dollar nudged up a little high for the third consecutive day on Wednesday, spurred on by rising crude oil prices, but tempered by a stronger United States dollar. The loonie closed at US$0.7974 or US$1=C$1.2540, compared to Tuesday’s close of US$0.7965 or US$1=C$1.2555.

By MarketsFarm WINNIPEG, June 8 (MarketsFarm) The Canadian dollar was slightly firmer Wednesday morning, holding relatively rangebound after posting solid gains relative to its United States counterpart over the past week. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Tuesday’s North American close of US$0.7965 or

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The Canadian dollar nudged a little higher on Tuesday, benefitting from a weaker United States dollar and stronger crude oil prices. The loonie closed at US$0.7965 or US$1=C$1.2555, compared to Monday’s close of US$0.7959 or US$1=C$1.2564. On the U.S. Dollar Index, the greenback gave up

By MarketsFarm WINNIPEG, June 7 (MarketsFarm) The Canadian dollar was softer Tuesday morning, reacting to updated trade data. At 8:46 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7941 or C$1.2593 which compares with Monday’s North American close of US$0.7959 or C$1.2564. Canada’s trade surplus narrowed to C$1.5 billion in April, from a revised

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – The Canadian dollar edged a little higher on Monday, despite a rise in the United States dollar and losses in crude oil prices. The loonie closed at US$0.7959 or US$1=C$1.2564, compared to Friday’s close of US$0.7950 or US$1=C$1.2579. On the U.S. Dollar Index, the greenback

By MarketsFarm WINNIPEG, June 6 (MarketsFarm) The Canadian dollar was firmer Monday morning, with strength in crude oil and world equities providing some support. At 8:58 a.m. CDT Monday morning the Canadian dollar was at US$0.7968 or C$1.2550 which compares with Friday’s North American close of US$0.7950 or C$1.2579. A move by Saudi Arabia to

WINNIPEG, June 3 (MarketsFarm) – The Canadian dollar ended the week by approaching closer to the 80 United States cent mark. The loonie closed at US$0.7950 or US$1=C$1.2579, up from US$0.7938 or US$1=C$1.2597 on Thursday. The United States Dollar Index gained 0.33 of a point to 102.16 on Friday after the Bureau of Labour Statistics