Currency markets

WINNIPEG – The Canadian dollar inched upwards on Wednesday. The loonie was at US$0.7932 or US$1=C$1.2607 on Wednesday, compared to Tuesday’s close at US$0.7926 or US$1=C$1.2617. The United States Dollar Index was down 0.11 of a point at 92.52. Benchmark crude oil prices were mostly down on Wednesday as OPEC+ and its partners agreed to

WINNIPEG, Sept. 1 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning. As of 8:36 a.m. CDT, the loonie was at US$0.7938 or US$1=C$1.2598, compared to US$0.7926 or US$1=C$1.2617 when markets closed on Tuesday. On the same day OPEC+ and its allies are set to meet to discuss the global market, crude oil was

WINNIPEG – The Canadian dollar dipped on Tuesday after surprising economic news from Statistics Canada. The loonie was at US$0.7926 or US$1=C$1.2617 on Tuesday, compared to Monday’s close at US$0.7935 or US$1=C$1.2603. Earlier today, Statistics Canada reported a 1.1 per cent decline in the economy during the second quarter despite analysts predicting a rise. It

WINNIPEG – The Canadian dollar slightly slipped on Tuesday after the release of underwhelming economic data from Statistics Canada. As of 8:36 a.m. CDT, the loonie was at US$0.7929 or US$1=C$1.2612, compared to US$0.7935 or US$1=C$1.2603 when markets closed on Monday. Statistics Canada reported on Tuesday the economy contracted by 1.1 per cent in the

WINNIPEG– The Canadian dollar made its way closer to the 80 cent United States mark on Monday. The loonie was at US$0.7935 or US$1=C$1.2603 on Monday, compared to Friday’s close at US$0.7915 or US$1=C$1.2635. The U.S. Dollar Index was unchanged at 92.69 points. Benchmark crude oil prices were up on Monday after Hurricane Ida slowed

WINNIPEG– The Canadian dollar made slight gains on Monday. As of 9:04 a.m. CDT, the loonie was at US$0.7936 or US$1=C$1.2601, compared to US$0.7915 or US$1=C$1.2635 when markets closed on Friday. Crude oil was mostly lower on Monday. Brent crude oil dipped US$0.19 per barrel to US$72.51. West Texas Intermediate (WTI) declined US$0.48 to US$68.26/barrel.

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The Canadian dollar nudged a little higher on Friday, buoyed by a drop in the United States dollar and a spike in crude oil prices. The loonie closed at US$0.7915 or US$1=C$1.2635, compared to Thursday’s close of US$0.7905 or US$1=C$1.2605. On the U.S. Dollar Index,

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar stepped back on Thursday, as the United States dollar gained some ground, while crude oil was down. The loonie closed at US$0.7905 or US$1=C$1.2605, compared to Wednesday’s close of US$0.7925 or US$1=C$1.2619. On the U.S. Dollar Index, the greenback rose 0.233 at

By MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The Canadian dollar was holding relatively steady Thursday morning, lacking any clear direction. At 9:40 a.m. CDT Thursday morning, the Canadian dollar was at US$0.7924 or US$1=C$1.2620 which compares with Wednesday’s North American close of US$0.7925 or US$1=C$1.2619. The United States Federal Reserve is holding an annual summit

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The Canadian dollar was relatively steady on Wednesday, despite a slip in its United States counterpart and gains in crude oil. The loonie closed at US$0.7925 or US$1=C$1.2619, compared to Tuesday’s close of US$0.7931 or US$1=C$1.2608. On the U.S. Dollar Index, the greenback inched back