Currency markets

WINNIPEG, Feb. 5 (MarketsFarm) – The Canadian dollar rose slightly on Friday morning despite the release of higher unemployment numbers on both sides of the border. As of 8:43 a.m. CST, the Canadian dollar was at US$0.7821 or US$1=C$1.2785, compared to Thursday’s close of US$0.7795 or US$1=C$1.2828. Earlier today, Statistics Canada reported the number of

WINNIPEG, Feb. 4 (MarketsFarm) – The Canadian dollar stumbled on Thursday as the U.S. greenback continues to strengthen against other currencies. The loonie finished at US$0.7795 or US$1=C$1.2828, compared to Wednesday’s close of US$0.7823 or US$1=C$1.2783. Despite a stronger U.S. dollar, crude oil continued to gain on Thursday as oil inventories dropped stateside and in

WINNIPEG, Feb. 4 (MarketsFarm) – The Canadian dollar slightly fell Thursday morning against the U.S. greenback as jobless claim numbers improved stateside. As of 8:42 a.m. CST, the Canadian dollar was at US$0.7797 or US$1=C$1.2825, compared to Wednesday’s close of US$0.7823 or US$1=C$1.2783. Benchmark crude oil prices were upward on Thursday morning despite news Royal

WINNIPEG, Feb. 3 (MarketsFarm) – The Canadian dollar moved upward on Wednesday with Statistics Canada set to release its economic numbers from January tomorrow. The loonie finished at US$0.7823 or US$1=C$1.2783, compared to Tuesday’s close of US$0.7802 or US$1=C$1.2818. Crude oil moved higher again on Wednesday as the Joint Ministerial Monitoring Committee of OPEC+ ended

WINNIPEG, Feb. 3 (MarketsFarm) – The Canadian dollar moved upward Wednesday morning while oil prices steadily climb above year-long highs. As of 8:44 a.m. CST, the Canadian dollar was at US$0.7816 or C$1.2796, compared to Tuesday’s close of US$0.7802 or C$1.2818. Benchmark crude oil prices rose on Wednesday morning amidst speculation of increased demand in

WINNIPEG, Feb. 2 (MarketsFarm) – The Canadian dollar gained some ground on Tuesday against a strong U.S. greenback as oil prices increased even higher. The loonie finished at US$0.7802 or US$1=C$1.2818, compared to Monday’s close of US$0.7798 or US$1=C$1.2824. Crude oil continued its rise on Tuesday to values unseen for more than a year. This

WINNIPEG, Feb. 2 (MarketsFarm) – The Canadian dollar was slightly weaker Tuesday morning while oil prices continued their upward climb from yesterday. As of 8:49 a.m. CST, the Canadian dollar was at US$0.7775 or C$1.2860, compared to Monday’s close of US$0.7798 or C$1.2824. Benchmark crude oil prices were up on Tuesday morning as Exxon announced

WINNIPEG, Feb. 1 (MarketsFarm) – The Canadian dollar was weaker on Monday in the face of an improving U.S. greenback amidst higher oil prices. The loonie finished at US$0.7798 or US$1=C$1.2824, compared to Friday’s close of US$0.7825 or US$1=C$1.2780. Benchmark crude oil prices were higher on Monday on speculation oil production would curb in the

WINNIPEG, Feb. 1 (MarketsFarm) – The Canadian dollar was slightly lower Monday morning due to increases in crude oil prices. As of 8:47 a.m. CST, the Canadian dollar was at US$0.7817 or C$1.2793, compared to Friday’s close of US$0.7825 or C$1.2780. Benchmark crude oil prices were up on Monday morning due to falling inventories and

By MarketsFarm WINNIPEG, Jan. 29 (MarketsFarm) – The Canadian dollar was higher on Friday, as the country’s economy is expected to improve faster than initially anticipated. The loonie finished at US$0.7825 or US$1=C$1.2780, compared to Thursday’s close of US$0.7806 or US$1=C$1.2810. A report from Statistics Canada on Friday said the economy expanded by 0.7 per