Currency markets

By MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was slightly firmer relative to its United States counterpart early Tuesday, although facing some resistance to the upside. At 9:06 a.m. CDT Wednesday morning, the Canadian dollar was at US$0.8029 or US$1=C$1.2455 which compares with Tuesday’s North American close of US$0.8025 or US$1=C$1.2461. Better-than-expected U.S.

By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, seeing a continuation of the previous week’s gains relative to its United States counterpart. The Canadian dollar settled at US$0.8025 or US$1=C$1.2461 on Friday, which compares with Friday’s North American close of US$0.8012 or US$1=C$1.2482. West Texas Intermediate was up by

By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar was firmer Tuesday morning, as continued strength in crude oil provided support. Solid jobs data from last week also remained supportive. At 8:55 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.8021 or US$1=C$1.2467 which compares with Friday’s North American close of US$0.8012 or

By MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – The Canadian dollar was stronger on Friday, hitting two-month highs s solid domestic jobs data was seen as a sign of the country’s improving economy. The Canadian dollar settled at US$0.8012 or US$1=C$1.2482 on Friday, which compares with Thursday’s North American close of US$0.7963 or US$1=C$1.2558. Canada’s economy

By MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – The Canadian dollar was stronger Friday morning, as strength in crude oil and solid jobs data provided support. At 8:50 a.m. CDT Friday morning, the Canadian dollar was at US$0.7990 or US$1=C$1.2516 which compares with Thursday’s North American close of US$0.7963 or US$1=C$1.2558. Canada’s economy added 157,000 jobs

By MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was stronger on Thursday, hitting its highest level in one month relative to its United States counterpart. The Canadian dollar settled at US$0.7963 or US$1=C$1.2558 on Thursday, which compares with Wednesday’s North American close of US$0.7928 or US$1=C$1.2613. West Texas Intermediate was up by 1.8

By MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, as gains in international equity markets hinted at an increasing appetite for risk in the global economy. Positioning ahead of a speech from Bank of Canada Governor Tiff Macklem later in the day was a feature. At 9:20 a.m. CDT Thursday

By MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was weaker on Wednesday, as a downward correction in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7928 or US$1=C$1.2613 on Wednesday, which compares with Tuesday’s North American close of US$0.7952 or US$1=C$1.2575. West Texas Intermediate was down by 2.3 per

By MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The Canadian dollar was slightly softer Wednesday morning, seeing a modest profit-taking correction after hitting its highest levels relative to its United States counterpart in four weeks on Tuesday. Weakness in crude oil put some pressure on the energy-linked currency as well. At 8:50 a.m. CDT Wednesday morning,

By MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was slightly firmer on Tuesday, seeing some consolidation after Monday’s strength. The Canadian dollar settled at US$0.7952 or US$1=C$1.2575 on Monday, which compares with Monday’s North American close of US$0.7947 or US$1=C$1.2583. Canada’s international trade surplus widened to C$1.94 billion in August, according to a