Currency markets

WINNIPEG – The Canadian dollar hit its lowest point since August on Friday as investors positioned themselves ahead of Monday’s federal election against a stronger United States dollar. The loonie was at US$0.7861 or US$1=C$1.2721 on Friday, up from Thursday’s close of US$0.7890 or US$1=C$1.2674. The U.S. Dollar Index jumped 0.28 of a point at

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The Canadian dollar was holding firm on Friday morning, as the United States was little moved as well. As of 8:31 CDT, the Canadian dollar was virtually unchanged at US$0.7891 or C$1.2675 compared to Thursday’s close of US$0.7890 or C$1.2674. On the U.S. Dollar Index,

WINNIPEG – The Canadian dollar fell below the 79 cent United States mark on Thursday due to a stronger U.S. dollar and a decline in Canadian housing starts. The loonie was at US$0.7890 or US$1=C$1.2674 on Thursday, up from Wednesday’s close of US$0.7905 or US$1=C$1.2651. The Canadian Mortgage and Housing Corporation reported on Thursday the

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday morning, despite stronger a United States dollar and declines in crude oil prices. As of 8:35 CDT, the Canadian dollar was at US$0.7906 or C$1.2652 compared to Wednesday’s close of US$0.7905 or C$1.2651. On the U.S. Dollar

WINNIPEG – The Canadian dollar increased on Wednesday due to a weakened United States dollar, new inflation data and rising crude oil prices. The loonie was at US$0.7905 or US$1=C$1.2651 on Wednesday, up from Tuesday’s close of US$0.7898 or US$1=C$1.2661. Statistics Canada reported on Wednesday that inflation rose to 4.1 per cent in August, its

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 15 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday morning, as the downward pressure from the Statistics Canada report on inflation was largely countered by support from a lower United States dollar and increases in crude oil prices. As of 8:35 CDT, the Canadian dollar was

WINNIPEG – The Canadian dollar stayed flat on Tuesday just one day before Statistics Canada releases its inflation data for August. The loonie was at US$0.7898 or US$1=C$1.2661 on Tuesday. Meanwhile, the United States Dollar Index was down 0.03 of a point at 92.65. Benchmark crude oil prices were mixed on Tuesday. Brent crude oil

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 14 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning as the United States dollar pulled back and crude oil prices made gains. As of 8:35 CDT, the Canadian dollar was at US$0.7924 or C$1.2623 compared to Monday’s close of US$0.7898 or C$1.2662. On the U.S. Dollar

WINNIPEG – The Canadian dollar dipped below 79 cents United States on Monday hours after the United States Federal Reserve released a survey outlining consumers’ expectations on inflation. The loonie was at US$0.7898 or US$1=C$1.2661 on Monday, compared to Friday’s close at US$0.7917 or US$1=C$1.2631. According to the Fed, U.S. consumers expect inflation to move

By MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The Canadian dollar was slightly softer Monday morning, as general strength in the United States dollar internationally put some pressure on the currency. At 8:45 a.m. CDT Monday morning, the Canadian dollar was at US$0.7902 or US$1=C$1.2655 which compares with Friday’s North American close of US$0.7917 or US$1=C$1.2631.