Currency markets

By MarketsFarm WINNIPEG, April 24 (MarketsFarm) – The Canadian dollar was firm Friday morning as crude oil prices incurred small gains. As of 8:48 CDT, the Canadian dollar was at US$0.7110 or C$1.4065, compared to Thursday’s close of US$0.7111 or C$1.4063. Benchmark crude oil prices were slightly higher Friday morning, as Kuwait and Algeria announced

WINNIPEG, April 23 (MarketsFarm) – The Canadian dollar was higher on Thursday, along with crude oil prices and global stock indices. The dollar finished the day at US$0.7111 or US$1=C$1.4063, compared to Tuesday when it closed at US$0.7065 or US$1=C$1.4155. Global stock indices were mixed on the day, following results for a potential cure for

By MarketsFarm WINNIPEG, April 23 (MarketsFarm) – The Canadian dollar was stronger Thursday morning on increases in crude oil prices. As of 8:36 CDT, the Canadian dollar was at US$0.7097 or C$1.4077, compared to Wednesday’s close of US$0.7065 or C$1.4155. Benchmark crude oil prices were higher Thursday morning due to saber-rattling in the Persian Gulf.

By MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar was slightly higher on Wednesday, along with crude oil prices and global stock indices. The dollar finished the day at US$0.7065 or US$1=C$1.4155, compared to Tuesday when it closed at US$0.7041 or US$1=C$1.4203. Benchmark crude oil prices have rebounded from historic lows due to significant

By MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The Canadian dollar was higher Wednesday morning as crude oil prices regained some lost strength. As of 8:44 CDT, the Canadian dollar was at US$0.7081 or C$1.4118, compared to Tuesday’s close of US$0.7041 or C$1.4203. Benchmark crude oil prices were slightly higher Wednesday morning after Saudi Arabia announced

By MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar was weaker on Tuesday, following poor performances in both the oil and financial sector. The dollar finished the day at US$0.7041 or US$1=C$1.4203, compared to Monday when it closed at US$0.7099 or US$1=C$1.4086. Benchmark crude oil prices have continued lower due to significant constraints on

By MarketsFarm WINNIPEG, Apr. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Experts expect crude oil prices to continue to “fall off a cliff” following West Texas Intermediate’s unprecedented move into negative territory yesterday. The May contract closed at minus US$37.63 on Monday as traders bailed

By MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The Canadian dollar lost more than a half cent Tuesday morning, due to weak North American crude oil prices. As of 8:50 CDT, the Canadian dollar was at US$0.7046 or C$1.4185, compared to Monday’s close of US$0.7099 or C$1.4086. Benchmark crude oil prices remained weak Tuesday morning, as

By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was weaker on Friday following significant losses in Canada’s crude oil sector. The dollar finished the day at US$0.7099 or US$1=C$1.4086, compared to Friday when it closed at US$0.7124 or US$1=C$1.4037. Crude oil prices closed in the red for the first time in history due

By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The Canadian dollar was slightly lower Monday morning, due to volatility in North American crude oil prices. As of 8:39 CDT, the Canadian dollar was at US$0.7102 or C$1.4828, compared to Friday’s close of US$0.7124 or C$1.4037. Benchmark crude oil prices were weaker Monday morning, particularly West Texas