Currency markets

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The Canadian dollar was higher Friday morning, benefitting from increases in global crude oil prices. As of 8:36 am CDT, the Canadian dollar was at US$0.7692 or C$1.2988, compared to Thursday’s close of US$0.7669 or C$1.3039. On the U.S. Dollar Index, the greenback remained at

By MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar was weaker on Thursday, hitting a fresh 18-month low relative to its United States counterpart as a reduced appetite for risk internationally weighed on the currency. The Canadian dollar closed at US$0.7669 or US$1=C$1.3039 on Thursday, which compares with Wednesday’s North American close of US$0.7710

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The Canadian dollar was lower Thursday morning due to a stronger United States dollar. As of 8:41 am CDT, the Canadian dollar was at US$0.7670 or C$1.3030, compared to Wednesday’s close of US$0.7710 or C$1.2970. On the U.S. Dollar Index, the greenback gained 0.661 of

By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, seeing a recovery after hitting its weakest level in 18 months relative to its United States counterpart earlier in the week. The Canadian dollar closed at US$0.7710 or US$1=C$1.2970 on Wednesday, which compares with Tuesday’s North American close of US$0.7685 or

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The Canadian dollar was higher Wednesday morning as the United States dollar stepped back a little and due to sharp upticks in global crude oil prices. As of 8:37 am CDT, the Canadian dollar was at US$0.7711 or C$1.2946, compared to Tuesday’s close of US$0.7685

By MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, hitting its lowest level in 18 months relative to its United States counterpart. The Canadian dollar closed at US$0.7685 or US$1=C$1.3012 on Tuesday, which compares with Monday’s North American close of US$0.7714 or US$1=C$1.2964. A reduced appetite for risk in the

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The Canadian dollar was a pinch lower Tuesday morning as the United States dollar remained strong and as crude oil prices dipped. As of 8:38 am CDT, the Canadian dollar was at US$0.7704 or C$1.2979, compared to Monday’s close of US$0.7714 or C$1.2964. On the

By MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar was weaker on Monday, as sharp declines in crude oil and mounting concerns over the global economic outlook weighed on the energy-linked currency. The Canadian dollar closed at US$0.7714 or US$1=C$1.2964 on Monday, which compares with Friday’s North American close of US$0.7763 or US$1=C$1.26882. Crude

WINNIPEG – The Canadian dollar was lower on Friday after the release of mixed jobs data from Statistics Canada. The loonie closed at US$0.7763 or US$1=C$1.2882, down from US$0.7799 or US$1=C$1.2822 on Thursday. Canada’s central data agency reported that 15,300 jobs were added in April, despite economists’ pre-report estimates at around 40,000. However, the unemployment

WINNIPEG – The Canadian dollar inched downward on Thursday amid a major retreat on the stock markets. The loonie closed at US$0.7799 or US$1=C$1.2822, down from US$0.7806 or US$1=C$1.2810 on Wednesday. The United States Dollar Index rebounded from Wednesday’s drop, gaining 0.91 of a point at 103.50. Crude oil prices were higher over supply concerns