Currency markets

By MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was stronger on Monday, boosted by crude oil and broad weakness in the United States dollar internationally. The Canadian dollar settled at US$0.7947 or US$1=C$1.2583 on Monday, which compares with Friday’s North American close of US$0.7903 or US$1=C$1.2654. Crude oil rallied on Monday on news

By MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The Canadian dollar was stronger Monday morning, boosted by gains in crude oil. At 9:04 a.m. CDT Monday morning, the Canadian dollar was at US$0.7947 or US$1=C$1.2689 which compares with Friday’s North American close of US$0.7903 or US$1=C$1.2654. In domestic data, the total value of building permits issued

WINNIPEG – The Canadian dollar closed the week on a high note as a series of good economic news in the United States lifted markets. The loonie was at US$0.7903 or US$1=C$1.2654 on Friday, up from Thursday’s price at 3:30 p.m. CDT of US$0.7891 or US$1=C$1.2673. The Bank of Canada did not provide an official

WINNIPEG – The Canadian dollar held steady on Friday, while crude oil was mixed despite the potential for supply increases. As of 8:41 a.m. CDT, the loonie was at US$0.7890 or US$1=C$1.2674, compared to US$0.7891 or US$1=C$1.2673 at 3:32 p.m. CDT on Thursday. The Bank of Canada did not post its end-of-day exchange rate on

WINNIPEG – The Canadian dollar moved upwards on Thursday as the stock markets tumbled and crude oil went in opposite directions. The loonie was at US$0.7891 or US$1=C$1.2673 on Thursday as of 3:32 p.m. CDT, up from Wednesday’s close of US$0.7849 or US$1=C$1.2741. The Bank of Canada did not provide an official closing price, with

WINNIPEG – The Canadian dollar was slightly higher on Thursday despite crude oil continuing to decline. As of 8:36 a.m. CDT, the loonie was at US$0.7858 or US$1=C$1.2726, compared to US$0.7849 or US$1=C$1.2741 when markets closed on Wednesday. Despite increasing demand, crude oil posted losses on Thursday morning. Brent crude oil dipped US$0.79 per barrel

WINNIPEG – The Canadian dollar remained in a downturn on Wednesday as the United States dollar strengthened and crude oil prices declined. The loonie was at US$0.7849 or US$1=C$1.2741 on Wednesday, down from Tuesday’s close of US$0.7886 or US$1=C$1.2680. The U.S. Dollar Index was up 0.63 of a point at 94.40. For the most part,

WINNIPEG – The Canadian dollar and crude oil both continued to weaken on Wednesday. As of 8:31 a.m. CDT, the loonie was at US$0.7866 or US$1=C$1.2713, compared to US$0.7886 or US$1=C$1.2680 when markets closed on Tuesday. For the most part, crude oil retreated due to a growth in stockpiles in the United States. Brent crude

WINNIPEG – The Canadian dollar dipped below the 79-cent United States mark as Tuesday turned into a tough day on the markets. The loonie was at US$0.7886 or US$1=C$1.2680 on Tuesday, down from Monday’s close of US$0.7913 or US$1=C$1.2637. The U.S. Dollar Index was up 0.34 of a point at 93.72. Benchmark crude oil underwent