Currency markets

By MarketsFarm WINNIPEG, Jan. 31 (MarketsFarm) – The Canadian dollar was slightly lower Friday morning along with crude oil prices. As of 8:41 CST, the Canadian dollar was at US$0.7557 or C$1.3230. That compares to Thursday’s North American close of US$0.7566 or C$1.3217. Crude oil prices were somewhat weaker Friday morning due to continuing fears

By MarketsFarm WINNIPEG, Jan. 30 (MarketsFarm) – The Canadian dollar was slightly lower on Thursday. The dollar finished the day at US$0.7566 or US$1=C$1.3217, compared to Wednesday when it closed at US$0.7578 or US$1=C$1.3196. Financial markets remained under pressure following an announcement from the World Health Organization calling the coronavirus outbreak an international emergency. The

By MarketsFarm WINNIPEG, Jan. 30 (MarketsFarm) – The Canadian dollar was slightly lower Thursday morning as crude oil prices fell. As of 8:38 CST, the Canadian dollar was at US$0.7568 or C$1.3215. That compares to Wednesday’s North American close of US$0.7578 or C$1.3196. Crude oil prices were weaker Thursday morning over fears that the coronavirus

By MarketsFarm WINNIPEG, Jan. 29 (MarketsFarm) – The Canadian dollar was slightly lower on Wednesday. The dollar finished the day at US$0.7578 or US$1=C$1.3196, compared to Tuesday when it closed at US$0.7588 or US$1=C$1.3179. Financial markets activity was mixed following an announcement that the United States Federal Reserve left benchmark interest rates unchanged. The TSX

By MarketsFarm WINNIPEG, Jan. 29 (MarketsFarm) – The Canadian dollar was steady Wednesday morning supported by price increases in crude oil, particularly Western Canada Select. As of 8:40 CST, the Canadian dollar was at US$0.7583 or C$1.3188. That compares to Tuesday’s North American close of US$0.7588 or C$1.3179. Crude oil prices were steady to higher

By MarketsFarm WINNIPEG, Jan. 28 (MarketsFarm) – The Canadian dollar was steady on Tuesday, as easing concerns of China’s coronavirus caused stock indexes and oil futures to regain ground. The dollar finished the day at US$0.7588 or US$1=C$1.3179, compared to Monday when it closed at US$0.7586 or US$1=C$1.3182. Following the worst one-day drop in three

By MarketsFarm WINNIPEG, Jan. 28 (MarketsFarm) – The Canadian dollar was steady Tuesday morning as the global markets began to ease from the concerns about the coronavirus. As of 8:45 CST, the Canadian dollar was at US$0.7580 or C$1.3188. That compares to Monday’s North American close of US$0.7586 or C$1.3182. Crude oil prices were either

By MarketsFarm WINNIPEG, Jan. 27 (MarketsFarm) – The Canadian dollar finished slightly lower on the day, hampered by global economic concerns sparked by China’s coronavirus. The dollar finished the day at US$0.7586 or US$1=C$1.3182, compared to Friday when it closed at US$0.7610 or US$1=C$1.3140. Stock markets posted losses across the board, due to the inherent

By MarketsFarm WINNIPEG, Jan. 27 (MarketsFarm) – The Canadian dollar was lower Monday morning as crude oil prices plummeted due fears regarding the coronavirus outbreak. As of 8:40 CST, the Canadian dollar was at US$0.7580 or C$1.3191. That compares to Friday’s North American close of US$0.7610 or C$1.3140. The coronavirus has now killed 81 people

By MarketsFarm WINNIPEG, Jan. 24 (MarketsFarm) – The Canadian dollar was virtually unchanged at market close on Friday, despite global fears of the Wuhan virus that have negatively affected commodity and stock markets. The loonie finished the day at US$0.7610 or US$1=C$1.3140, which compares with Thursday’s close of US$0.7609 or C$1.3143. The Wuhan virus, named