Currency markets

By MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) The Canadian dollar was slightly lower on Friday, as prolonged concerns of China’s coronavirus weighed on global oil demand and overshadowed positive job data from Statistics Canada. At 9:00 CST, the Canadian dollar was at US$0.7513 or C$1.3310, which compares with Thursday’s North American close of US$0.7524 or C$1.3289.

By MarketsFarm WINNIPEG, Feb. 6 (MarketsFarm) – The Canadian dollar was virtually unchanged at market close on Thursday, as crude oil prices didn’t have a clear direction as to which way to go. The loonie finished the day at US$0.7524 or US$1=C$1.3290, which compares with Wednesday’s close of US$0.7525 or C$1.3289. Benchmark crude oil prices

By MarketsFarm WINNIPEG, Feb. 6 (MarketsFarm) The Canadian dollar was steady on Thursday, as global markets have bounced back from the initial panic of China’s coronavirus outbreak. At 8:35 CST, the Canadian dollar was at US$0.7528 or C$1.3284, which compares with Wednesday’s North American close of US$0.7525 or C$1.3289. Stock indexes started the morning on

By MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) – The Canadian dollar was relatively firm at market close on Thursday, lagging behind gains in crude oil prices. The loonie finished the day at US$0.7525 or US$1=C$1.3289, which compares with Wednesday’s close of US$0.7531 or C$1.3278. Benchmark crude oil prices were stronger on Wednesday, due to reports that

By MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) The Canadian dollar was lower on Wednesday, after remaining largely steady for most of the week. At 8:35 CST, the Canadian dollar was at US$0.7517 or C$1.3303, which compares with Tuesday’s North American close of US$0.7531 or C$1.3285. Reports from China’s state TV have reported that a university has

By MarketsFarm WINNIPEG, Feb. 4 (MarketsFarm) – The Canadian dollar was steady at market close on Tuesday, as gains in domestic crude oil were offset by losses in world crude prices. The loonie finished the day at US$0.7531 or US$1=C$1.3278, which compares with Monday’s close of US$0.7533 or C$1.3275. Benchmark crude oil prices were slightly

WINNIPEG, Feb. 4 (MarketsFarm) – The Canadian dollar was firm on Tuesday, supported by steadying crude oil values. At 8:30 CST, the Canadian dollar was at US$0.7530 or C$1.3280, which compares with Monday’s North American close of US$0.7533 or C$1.3275. China’s coronavirus outbreak has reached over 20,000 confirmed cases, quarantining cities and shuttering factories. The

By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – The Canadian dollar lost almost a quarter cent at market close on Monday, as crude oil prices dropped. The loonie finished the day at US$0.7533 or US$1=C$1.3275, which compares with Friday’s close of US$0.7557 or C$1.3233. Benchmark crude oil prices were weaker on Monday due to growing concerns

By MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) The Canadian dollar was slightly lower on Monday, as United States markets carefully watch the results of the Iowa Caucus tonight. At 8:30 CST, the Canadian dollar was at US$0.7549 or C$1.3250, which compares with Friday’s North American close of US$0.7557 or C$1.3233. Stocks opened the day cautiously higher,

By MarketsFarm WINNIPEG, Jan. 31 (MarketsFarm) – The Canadian dollar finished the week lower, riding the coattails of weakening crude oil futures and flagging stock performances. The dollar finished the day at US$0.7557 or US$1=C$1.3233, compared to Thursday when it closed at US$0.7566 or US$1=C$1.3217 Financial markets continued to grind lower due to continued concerns