Currency markets

By MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – The Canadian dollar was steady Monday morning, despite increases in crude oil prices. As of 8:49 CST, the Canadian dollar was at US$0.7703 or C$1.2986. That compares to Friday’s North American close of US$0.7699 or C$1.2988. Crude oil prices were higher Monday morning due to increased tensions between

By MarketsFarm WINNIPEG, Jan. 3 (MarketsFarm) – The Canadian dollar was steady on Friday, as mounting tensions between the United States and Iran had investors showing caution and looking to safer havens. The Canadian dollar closed at US$0.7699 or US$1=C$1.2988, which compares with Thursday’s North American close of US$0.7697 or C$1.2992. Crude oil was up

By MarketsFarm WINNIPEG, Jan. 3 (MarketsFarm) The Canadian dollar was firm Friday morning, taking some direction from crude oil amid heightening global tensions. At 9:01 CST Friday morning the Canadian dollar was at US$0.7702 or C$1.2984 which compares with Thursday’s North American close of US$0.7697 or C$1.2992. A rally in crude oil markets lent some

By MarketsFarm WINNIPEG, Jan. 2 (MarketsFarm) – The Canadian dollar held steady on Thursday, as the currency consolidated near its recently-hit 14-month highs. The Canadian dollar closed at US$0.7697 or US$1=C$1.2992, which compares with Tuesday’s close of US$0.7699, or US$1=C$1.2988. Reports of easing monetary policy out of China were supportive for world equities and commodities,

By MarketsFarm WINNIPEG, Jan. 2 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning, seeing some consolidation to start the New Year. At 8:49 CST Thursday morning the Canadian dollar was at US$0.7690 or C$1.3004 which compares with Tuesday’s North American close of US$0.7699 or C$1.2988. The market was closed Wednesday for New Year’s Day.

By MarketsFarm WINNIPEG, Dec. 31 (MarketsFarm) – The Canadian dollar continued to push higher Tuesday morning, hitting a 14-month high as the United States dollar lost ground. As of 9:00 CST, the Canadian dollar was at US$0.7691 or C$1.3002. That compares to Monday’s North American close of US$0.7658 or C$1.3059. Crude oil prices were lower

By MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – The Canadian dollar was slightly firmer on Monday, as investors squared positions ahead of the year end. The Canadian dollar closed at US$0.7658 or US$1=C$1.3059, which compares with Friday’s close of US$0.7646, or US$1=C$1.3078. Increasing optimism over the Phase One trade deal between the U.S. and China was

By MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – The Canadian dollar was slightly higher Monday morning as crude oil prices made modest gains. As of 8:57 CST, the Canadian dollar was at US$0.7650 or C$1.3075. That compares to Friday’s North American close of US$0.7646 or C$1.3078. Crude oil prices were stronger Friday morning due to a

By MarketsFarm WINNIPEG, Dec. 27 (MarketsFarm) – The Canadian dollar finished the week on a high note, jumping by nearly half a cent when markets re-opened following the Christmas holiday. The dollar finished the day at US$0.7646 or US$1=C$1.3078, compared to Tuesday when it closed at US$0.7601 or US$1=C$1.3157. United States stock indexes finished the

By MarketsFarm WINNIPEG, Dec. 27 (MarketsFarm) – The Canadian dollar was stronger Friday morning as global crude oil prices pushed towards three-month highs. As of 8:50 CST, the Canadian dollar was at US$0.7640 or C$1.3090. That compares to Tuesday’s North American close of US$0.7601 or C$1.3157. Crude oil prices were slightly higher Friday morning as