Currency markets

By MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) – The Canadian dollar was down at market close on Monday, as heightened fears over COVID-19 coronavirus pushed the futures markets down sharply. The loonie finished the day at US$0.7531 or US$1=C$1.3279, which compares with Friday’s close of US$0.7562 or C$1.3224. The number of reported cases of COVID-19 and

By MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) The Canadian dollar was weaker Monday morning, as increased fears over the COVID-19 coronavirus outbreak weighed on financial markets. At 9:06 CST Monday morning the Canadian dollar was at US$0.7535 or C$1.3271 which compares with Friday’s North American close of US$0.7562 or C$1.3224. New cases of the COVID-19 virus

By MarketsFarm WINNIPEG, Feb. 21 (MarketsFarm) – The Canadian dollar was slightly higher at market close on Friday, as the United States dollar slipped today after a week of gains. The loonie finished the day at US$0.7562 or US$1=C$1.3224, which compares with Thursday’s close of US$0.7545 or C$1.3254. Benchmark crude oil prices were lower on

By MarketsFarm WINNIPEG, Feb. 21 (MarketsFarm) – The Canadian dollar was unchanged Friday morning, following a Statistics Canada report on retail sales. As of 8:55 CST, the Canadian dollar was at US$0.7545 or C$1.3252. Statistics Canada said retail sales in December of C$51.6 billion were virtually unchanged from those in November. On the year, retail

By MarketsFarm WINNIPEG, Feb. 20 (MarketsFarm) – The Canadian dollar was slightly lower at market close on Thursday, as the United States dollar continued to gain strength. The loonie finished the day at US$0.7545 or US$1=C$1.3254, which compares with Wednesday’s close of US$0.7558 or C$1.3231. The U.S. greenback has been on the rise lately as

By MarketsFarm WINNIPEG, Feb. 20 (MarketsFarm) – The Canadian dollar was firm Thursday morning, getting support from crude oil, but the United States dollar has picked up strength and weighing on values. As of 8:44 CST, the Canadian dollar was at US$0.7552 or C$1.3241. That compares to Wednesday’s North American close of US$0.7550 or C$1.3231.

By MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The Canadian dollar was higher at market close on Wednesday, due to gains in crude oil prices. The loonie finished the day at US$0.7558 or US$1=C$1.3231, which compares with Tuesday’s close of US$0.7543 or C$1.3258. Benchmark crude oil prices were stronger on Wednesday as another drop in the

By MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The Canadian dollar was slightly higher Wednesday morning as crude oil prices were increasing. As of 8:38 CST, the Canadian dollar was at US$0.7561 or C$1.3226. That compares to Tuesday’s North American close of US$0.7543 or C$1.3258. Crude oil prices were up Wednesday morning as the number of

By MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The Canadian dollar was steady at market close on Tuesday, as crude oil prices were largely unchanged. The loonie finished the day at US$0.7543 or US$1=C$1.3258, which compares with Friday’s close of US$0.7548 or C$1.3249. Benchmark crude oil prices were flat on Tuesday, due to renewed fears over

By MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The Canadian dollar was slightly weaker Tuesday morning after the long weekend due to lower than expected manufacturing sales in December and to falling crude oil prices. As of 8:38 CST, the Canadian dollar was at US$0.7538 or C$1.3265. That compares to Friday’s North American close of US$0.7548