Currency markets

By MarketsFarm WINNIPEG, Jan. 21 (MarketsFarm) – The Canadian dollar was higher on Thursday, due to economic optimism. The dollar finished at US$0.7920 or US$1=C$1.2627, compared to Wednesday’s close of US$0.7901 or US$1=C$1.2656. Benchmark crude oil prices were lower Thursday following a report from the American Petroleum Institute said United States inventories increased rather than

By MarketsFarm WINNIPEG, Jan. 21 (MarketsFarm) – The Canadian dollar higher on Thursday morning as the United States dollar lost ground. As of 8:42 CST, the Canadian dollar was at US$0.7921 or C$1.2625, compared to Wednesday’s close of US$0.7901 or C$1.2656. On the U.S. Dollar Index, the greenback was down 0.279 at 90.190 points. Benchmark

By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, following the decision by the Bank of Canada not to cut its key interest rate. The dollar finished at US$0.7901 or US$1.2656, compared to Tuesday’s close of US$0.7852 or US$1=C$1.2735. Bank of Canada Governor Tiff Macklem kept the rate at 0.25

By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar was higher on Wednesday morning with gains in crude oil prices, while the United States dollar was slightly higher. As of 8:44 CST, the Canadian dollar was at US$0.7882 or C$1.2688, compared to Tuesday’s close of US$0.7852 or C$1.2735. On the U.S. Dollar Index, the

By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar was higher on Tuesday, as the United States dollar eased back and despite a sharp loss in domestic crude oil prices. The dollar finished at US$0.7852 or US$1.2735, compared to Monday’s close of US$0.7836 or US$1=C$1.2762. On the U.S. Dollar Index the greenback slipped 0.279

By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The Canadian dollar was slightly higher on Tuesday morning as it’s United States counterpart lost ground. As of 8:40 CST, the Canadian dollar was at US$0.7847 or C$1.2744, compared to Monday’s close of US$0.7836 or C$1.2762. On the U.S. Dollar Index, the greenback was down 0.359 at 90.395

By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar was lower on Monday, as its United States counterpart remained steady while crude oil prices were down. The dollar finished at US$0.7836 or US$1.2762, compared to Friday’s close of US$0.7857 or US$1=C$1.2727. After the greenback traded a little higher earlier today, it settled at unchanged

By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The Canadian dollar was lower on Monday morning as the United States dollar gained strength. As of 8:47 CST, the Canadian dollar was at US$0.7829 or C$1.2772, compared to Friday’s close of US$0.7857 or C$1.2727. On the U.S. Dollar Index, the greenback was up 0.101 at 90.855 points.

By MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – The Canadian dollar lost nearly a half cent on Friday, as the United States gained strength. The dollar finished at US$0.7857 or US$1.2727, compared to Thursday’s close of US$0.7903 or US$1=C$1.2654. The greenback was up more than a half point on the U.S. Dollar Index at 90.770. Benchmark

By MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – The Canadian dollar was down sharply on Friday morning as its United States counterpart gained strength. As of 8:40 CST, the Canadian dollar was at US$0.7861 or C$1.2723, compared to Thursday’s close of US$0.7903 or C$1.2654. On the U.S. Dollar Index, the greenback was up 0.345 at 90.560