Currency markets

By MarketsFarm WINNIPEG, July 6 (MarketsFarm) – The Canadian dollar was slightly higher on Monday, as stronger financial markets provided support while crude oil offered little direction. The loonie finished the day at US$0.7484 or US$1=C$1.3543, compared to Friday when it closed at US$0.7372 or US$1=C$1.3565. The TSX Composite Index increased by 72.92 points on

By MarketsFarm WINNIPEG, July 6 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, along with stock indices.      At 8:35 CDT Monday morning the Canadian dollar was at US$0.7379 or US$1=C$1.3551, which compares with Friday’s North American close of US$0.7372 or US$1=C$1.3565. Global stock indices were higher despite the growing number of COVID-19

By MarketsFarm WINNIPEG, July 3 (MarketsFarm) – The Canadian dollar was stronger on Friday As of 2:30 CDT, the dollar was at US$0.7375 or US$1=C$1.3553, compared to Thursday when it closed at US$0.7361 or US$1=C$1.3586. European stocks were lower and United States markets were closed for the Independence Day holiday. The TSX Composite Index was

WINNIPEG, July 3 (MarketsFarm) – The Canadian dollar was stronger on Friday.      At 8:55 CDT Friday morning the Canadian dollar was at US$0.7369 or US$1=C$1.3581, which compares with Thursday’s North American close of US$0.7361 or US$1=C$1.3586. United States markets are closed for the Independence Day long weekend, with many market participants around the world

WINNIPEG, July 2 (MarketsFarm) – The Canadian dollar was stronger following the Canada Day holiday. The dollar finished the day at US$0.7361 or US$1=C$1.3586, compared to Tuesday when it closed at US$0.7338 or US$1=C$1.3628. Global stock indices were stronger following positive jobs data from the United States. The U.S. Department of Labor reported 4.8 million

WINNIPEG, July 2 (MarketsFarm) – The Canadian dollar was stronger following the Canada Day holiday.      At 8:45 CDT Thursday morning the Canadian dollar was at US$0.7362 or US$1=C$1.3581, which compares with Tuesday’s North American close of US$0.7338 or US$1=C$1.3628. Global stock indices were stronger following positive economic data from the United States. The country

By MarketsFarm WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, ahead of the Canada Day Holiday. The dollar finished the day at US$0.7338 or US$1=C$1.3628, compared to Monday when it closed at US$0.7309 or US$1=C$1.3682. Global stock indices were stronger, and the United States stock market posted significant gains in the

By MarketsFarm WINNIPEG, June 29 (MarketsFarm) – The Canadian dollar was relatively steady on Monday, despite a stronger tone for global crude oil prices and stock indices. The dollar finished the day at US$0.7313 or US$1=C$1.3674, compared to Friday when it closed at US$0.7312 or US$1=C$1.3676. Global stock indices were broadly stronger due to data

By MarketsFarm WINNIPEG, June 29 (MarketsFarm) – The Canadian dollar was steady on Monday morning.      At 8:50 CDT Monday morning the Canadian dollar was at US$0.7313 or US$1=C$1.3674, which compares with Friday’s North American close of US$0.7312 or US$1=C$1.3676. Global stock indices started the week mixed due to concerns that the COVID-19 pandemic is

By MarketsFarm WINNIPEG, June 26 (MarketsFarm) – The Canadian dollar was weaker on Friday, seeing a continuation of the selling pressure that weighed on the currency earlier in the week. The Canadian dollar closed at US$0.7312 or US$1=C$1.3676, which compares with Thursday’s North American close of US$0.7329 or US$1=C$1.3645. Losses in crude oil amid renewed