Currency markets

WINNIPEG – The Canadian dollar continued its downturn to start the week, declining with crude oil prices while also facing a rising United States dollar. As of 8:36 a.m. CDT, the loonie was at US$0.7833 or US$1=C$1.2767, compared to US$0.7873 or US$1=C$1.2702 on Friday. The U.S. Dollar Index gained 0.42 of a point at 101.64,

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar lost in excess of a penny on Friday, due to the increased strength of its United States counterpart and lower crude oil prices. The loonie closed at US$0.7873 or US$1=C$1.2702, compared to Thursday’s close of US$0.7981 or US$1=C$1.2529. Bank of Canada Governor

By MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as declines in crude oil weighed on the energy-linked currency. At 8:42 a.m. CDT Friday morning the Canadian dollar was at US$0.7883 or US$1=C$1.2686, which compares with Thursday’s close of US$0.7981 or US$1=C$1.2529. Canadian retail sales were up by 0.1 per

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar stepped back on Thursday, as pressure from a stronger United States dollar outweighed support from crude oil prices. The loonie closed at US$0.7981 or US$1=C$1.2529, compared to Wednesday’s close of US$0.7999 or US$1=C$1.2502. On the United States Dollar Index, the greenback rose

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, due to higher than expected inflation pushing up the currency. The loonie closed at US$0.7999 or US$1=C$1.2502, compared to Tuesday’s close of US$0.7921 or US$1=C$1.2624. Statistics Canada reported that the Consumer Price Index came in higher than expectations,

By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was higher Wednesday morning, as stronger-than-expected inflation data underpinned the currency. At 8:42 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7996 or US$1=C$1.2506, which compares with Tuesday’s close of US$0.7921 or US$1=C$1.2624. Statistics Canada reported that the country’s Consumer Price Index rose at

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was relatively steady on Tuesday, following the global economic forecast from the International Monetary Fund (IMF) in which the outlook for Canada only changed slightly. The loonie closed at US$0.7921 or US$1=C$1.2624, compared to Monday’s close of US$0.7925 or US$1=C$1.2618. The IMF

By MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The Canadian dollar was softer Tuesday morning, as early weakness in crude oil put some pressure on the energy-linked currency. At 8:35 a.m. CDT Monday morning the Canadian dollar was at US$0.7913 or US$1=C$1.2637, which compares with Monday’s close of US$0.7925 or US$1=C$1.2618. Canadian investors reduced their holdings

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – The Canadian dollar was slightly lower on Monday, as pressure from a stronger United States dollar overpowered support from higher crude oil prices. The loonie closed at US$0.7925 or US$1=C$1.2618, compared to Thursday’s close of US$0.7936 or US$1=C$1.2601. On the United States Dollar Index, the

By MarketsFarm WINNIPEG, April 18 (MarketsFarm) – The Canadian dollar was softer Monday morning, although activity was subdued to start the week. At 8:45 a.m. CDT Monday morning the Canadian dollar was at US$0.7921 or US$1=C$1.2625, which compares with Thursday’s close of US$0.7936 or US$1=C$1.2601. Canadian markets were closed Friday for Good Friday. European markets