Currency markets

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The Canadian dollar was holding relatively steady Friday morning, seeing some consolidation after posting large price swings earlier in the week. At 8:45 a.m. CDT Friday morning, the Canadian dollar was at US$0.7956 or US$1=C$1.2569 which compares with Thursday’s North American close of US$0.7957 or US$1=C$1.2567. Canadian retail

WINNIPEG– The Canadian dollar moved a little closer to the 80-cent United States mark on Thursday. The loonie was at US$0.7957 or US$1=C$1.2567 on Thursday, up from Wednesday’s close at US$0.7943 or US$1=C$1.2589. The United States Dollar Index was up 0.11 points at 92.87. Benchmark crude oil prices rose for the second straight day. Brent

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday morning as the United States dollar weakened on poor jobs data. As of 8:40 CDT, the Canadian dollar was at US$0.7955 or C$1.2572 compared to Wednesday’s close of US$0.7943 or C$1.2589. On the U.S. Dollar Index, the

WINNIPEG – The Canadian dollar rallied on Wednesday as stocks and commodities rose due to a renewed appetite for risk despite COVID-19 concerns. The loonie was at US$0.7943 or US$1=C$1.2589 on Wednesday, up from Tuesday’s close at US$0.7855 or US$1=C$1.2730. The United States Dollar Index was down 0.19 points at 92.78. Benchmark crude oil prices

By MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as gains in crude oil provided some support. At 9:08 a.m. CDT Wednesday morning, the Canadian dollar was at US$0.7915 or US$1=C$1.2634 which compares with Tuesday’s North American close of US$0.7855 or US$1=C$1.2730. After posting losses for most of the past

WINNIPEG – One day after dropping one United States cent, the Canadian dollar had a slight bounce back on Tuesday due to a correction on the markets and promising housing data. The loonie was at US$0.7855 or US$1=C$1.2730 on Tuesday, up from Monday’s close at US$0.7938 or US$1=C$1.2759. Housing prices in Canada went up 2.7

By MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The Canadian dollar was holding relatively steady Tuesday morning, seeing some consolidation after dropping sharply relative to its United States counterpart on Monday. At 9:04 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.7837 or US$1=C$1.2760 which compares with Monday’s North American close of US$0.7838 or US$1=C$1.2759.

WINNIPEG, July 19 (MarketsFarm) – Fears over a worldwide COVID-19 Delta variant surge and a new monthly hike in oil output today caused a steep descent for the Canadian dollar and in the markets. The loonie was at US$0.7838 or US$1=C$1.2759 on Monday, its lowest close in five months, down from Friday’s close at US$0.7941

By MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The Canadian dollar was sharply weaker relative to its United States counterpart Monday morning as a number of factors combined to weigh on the currency. At 8:59 a.m. CDT Monday morning, the Canadian dollar was at US$0.7853 or US$1=C$1.2734 which compares with Friday’s North American close of US$0.7941

WINNIPEG, July 16 (MarketsFarm) – The Canadian dollar slipped back on Friday. The loonie was at US$0.7941 or US$1=C$1.2593 on Friday, down from Thursday’s close at US$0.7954 or US$1=C$1.2572. Meanwhile, the United States Dollar Index was up 0.09 points at 92.71. Benchmark crude oil prices declined again on Friday, but not to the levels seen