Currency markets

By MarketsFarm WINNIPEG, Sept. 11 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday. The Canadian dollar closed at US$0.7584 or US$1=C$1.3186, which compares with Thursday’s North American close of US$0.7598 or US$1=C$1.3162. Canada’s industrial capacity fell to a record low of 70.3 per cent in the second quarter, according to a report from

By MarketsFarm WINNIPEG, Sept. 11 (MarketsFarm) – The Canadian dollar was lower on Friday, due to comparable strength in United States currency.      At 8:35 CDT Friday morning the Canadian dollar was at US$0.7584 or US$1=C$1.3185, which compares with Thursday’s North American close of US$0.7598 or US$1=C$1.3162. Global stock markets were higher to start the

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The Canadian dollar was firmer on Thursday, as investors reacted to the latest comments from Bank of Canada governor Tiff Macklem. The Canadian dollar closed at US$0.7598 or US$1=C$1.3162, which compares with Wednesday’s North American close of US$0.7591 or US$1=C$1.3173. Speaking after the Bank left its key overnight

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday, edging above 76 United States cents.      At 8:45 CDT Thursday morning the Canadian dollar was at US$0.7617 or US$1=C$1.3128, which compares with Wednesday’s North American close of US$0.7591 or US$1=C$1.3173. Global stock markets were higher to start the day,

By MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – The Canadian dollar was firmer on Wednesday, seeing a modest correction after Tuesday’s sharp decline relative to its United States counterpart. The Canadian dollar closed at US$0.7591 or US$1=C$1.3173, which compares with Tuesday’s North American close of US$0.7581 or US$1=C$1.3191. The Bank of Canada kept its key overnight

By MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – The Canadian dollar was slightly lower on Wednesday morning, due to comparable strength in the United States dollar.      At 8:40 CDT Wednesday morning the Canadian dollar was at US$0.7577 or US$1=C$1.3197, which compares with Tuesday’s North American close of US$0.7581 or US$1=C$1.3191. Global stock market participants continue

By MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The Canadian dollar was sharply weaker relative to its United States counterpart on Tuesday, as losses in crude oil and broad gains in the U.S. dollar index weighed on the currency. The Canadian dollar closed at US$0.7581 or US$1=C$1.3191, which compares with Friday’s North American close of US$0.7640

By MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The Canadian dollar was lower on Tuesday morning, following the Labour Day long weekend.      At 8:35 CDT Tuesday morning the Canadian dollar was at US$0.7594 or US$1=C$1.3168, which compares with Friday’s North American close of US$0.7640 or US$1=C$1.3089. Global stock market participants continue to monitor the race

By MarketsFarm WINNIPEG, Sept. 4 (MarketsFarm) – The Canadian dollar was stronger ahead of the Labour Day long weekend. The dollar finished the day at US$0.7654 or US$1=C$1.3064, compared to Thursday when it closed at US$0.7620 or US$1=C$1.3123. The TSX Composite Index lost 230.88 points to close at 16,218.01. Benchmark crude oil prices were weaker.

By MarketsFarm WINNIPEG, Sept. 4 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning, with monthly jobs data providing some support. At 8:57 CDT Friday morning the Canadian dollar was at US$0.7628 or C$1.3110 which compares with Thursday’s North American close of US$0.7620 or C$1.3123. Canada added 245,800 jobs in August, according to a