Currency markets

By MarketsFarm WINNIPEG, April 13 (MarketsFarm) – The Canadian dollar was holding steady Monday morning, as the currency reacted to activity in the energy markets. At 9:07 CDT Monday morning the Canadian dollar was at US$0.7156 or C$1.4132 which compares with Thursday’s North American close of US$0.7151 or C$1.3985. Markets were closed Friday for Good

By MarketsFarm WINNIPEG, April 9 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday. Markets will be closed tomorrow for Good Friday. The dollar finished the day at US$0.7151 or US$1=C$1.3985, compared to Wednesday when it closed at US$0.7126 or US$1=C$1.4034. The COVID-19 pandemic cost the Canadian economy over one million jobs in March,

By MarketsFarm WINNIPEG, April 9 (MarketsFarm) – The Canadian dollar was steady on Thursday morning, following a dismal employment report from Statistics Canada      At 8:30 CST Thursday morning the Canadian dollar was at US$0.7128 or C$1.4035 which compares with Wednesday’s North American close of US$0.7126 or C$1.4029. In March, the COVID-19 pandemic caused over

By MarketsFarm WINNIPEG, April 8 (MarketsFarm) – The Canadian dollar was lower at midweek. The dollar finished the day at US$0.7126 or US$1=C$1.4034, compared to Tuesday when it closed at US$0.7150 or US$1=C$1.3986. Global financial markets were stronger due to optimism stoked by another round of stimulus packages from governments following the COVID-19 pandemic. The

By MarketsFarm WINNIPEG, April 8 (MarketsFarm) – The Canadian dollar was slightly lower on Wednesday morning, dragged down by a lower tone for Canadian crude oil. Western Canadian Select is currently at US$3.92 per barrel.      At 8:40 CST Wednesday morning the Canadian dollar was at US$0.7125 or C$1.4035 which compares with Monday’s North American

By MarketsFarm WINNIPEG, April 7 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, despite a dip in oil prices. The dollar finished the day at US$0.7150 or US$1=C$1.3986, compared to Monday when it closed at US$0.7079 or US$1=C$1.4127. United States stock indexes were lower on the day, but Canadian financial markets were able to

By MarketsFarm WINNIPEG, April 7 (MarketsFarm) – The Canadian dollar was higher on Tuesday morning, boosted by stronger performances for global financial indices.      At 8:40 CST Tuesday morning the Canadian dollar was at US$0.7148 or C$1.3988 which compares with Monday’s North American close of US$0.7079 or C$1.4127. Global financial markets are anticipating that infection

By MarketsFarm WINNIPEG, April 6 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, amid hopes of the COVID-19 pandemic slowing down. The dollar finished the day at US$0.7079 or US$1=C$1.4127, compared to Friday when it closed at US$0.7071 or US$1=C$1.4142. North American stock indexes rallied following reports that the rate of new COVID-19

By MarketsFarm WINNIPEG, April 6 (MarketsFarm) – The Canadian dollar was steady on Monday morning, despite a lower tone for global crude oil values.      At 8:30 CST Monday morning the Canadian dollar was at US$0.7072 or C$1.4140 which compares with Friday’s North American close of US$0.7071 or C$1.4142. Nations all over the world are