Currency markets

By MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The Canadian dollar was slightly stronger on Friday, supported by a positive tone for financial markets and crude oil prices. The dollar finished the day at US$0.7548 or US$1=C$1.3249, compared to Thursday when it closed at 7544 or US$1=C$1.3256. Financial markets closed mostly the green ahead of the

By MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) The Canadian dollar was firmer Friday morning, as gains in crude oil provided some support. At 8:44 CST Friday morning the Canadian dollar was at US$0.7551 or C$1.3243 which compares with Thursday’s North American close of US$0.7544 or C$1.3256. Investors continue to keep a close eye on the novel

By MarketsFarm WINNIPEG, Feb. 12 (MarketsFarm) – The Canadian dollar was steady on Thursday. The dollar finished the day at US$0.7544 or US$1=C$1.3256, compared to Wednesday when it closed at US$0.7545 or US$1=C$1.3254. Financial markets closed in the red due to fresh concerns regarding the spread of China’s coronavirus. As of Thursday morning, nearly 60,000

By MarketsFarm WINNIPEG, Feb. 13 (MarketsFarm) The Canadian dollar was holding steady Thursday morning, seeing some consolidation after strengthening relative to its United States counterpart on Wednesday. At 8:51 CST Thursday morning the Canadian dollar was at US$0.7549 or C$1.3247 which compares with Wednesday’s North American close of US$0.7545 or C$1.3254. An increase in deaths

By MarketsFarm WINNIPEG, Feb. 12 (MarketsFarm) The Canadian dollar was slightly firmer Tuesday morning amid easing concerns over the coronavirus outbreak. At 9:06 CST Wednesday morning the Canadian dollar was at US$0.7543 or C$1.3257 which compares with Tuesday’s North American close of US$0.7523 or C$1.3292. A rally in crude oil contributed to the firmer tone

By MarketsFarm WINNIPEG, Feb. 11 (MarketsFarm) – The Canadian dollar closed slightly higher on Tuesday morning, due to positive stock performances and steadying oil values. The dollar finished the day at US$0.7523 or US$1=C$1.3292, compared to Monday when it closed at US$0.7508 or US$1=C$1.3319 Financial markets were largely higher thanks to notions that central banks

By MarketsFarm WINNIPEG, Feb. 11 (MarketsFarm) The Canadian dollar was slightly firmer Tuesday morning, as gains in crude oil provided some support. At 9:11 CST Tuesday morning the Canadian dollar was at US$0.7520 or C$1.3298 which compares with Monday’s North American close of US$0.7508 or C$1.3319. While deaths linked to the coronavirus topped 1,000 on

By MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar started the week slightly lower, pulled down by flagging crude oil values. The dollar finished the day at US$0.7508 or US$1=C$1.3319, compared to Friday when it closed at US$0.7516 or US$1=C$1.3305 Financial markets were largely higher ahead of corporate earnings results that will be announced

By MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – The Canadian dollar was slightly weaker Monday morning amid ongoing coronavirus concerns. At 8:43 CST Monday morning the Canadian dollar was at US$0.7507 or C$1.3321 which compares with Friday’s North American close of US$0.7516 or C$1.3305. The death toll from the novel coronavirus climbed above 900 over the

By MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – The Canadian dollar was slightly lower at market close on Friday, as crude oil prices were lower coupled with continuing concerns about the coronavirus. The loonie finished the day at US$0.7516 or US$1=C$1.3305, which compares with Thursday’s close of US$0.7524 or C$1.3290. Benchmark crude oil prices were lower