Currency markets

By MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) The Canadian dollar was slightly weaker on Tuesday, dipping just below 76 U.S. cents. At 8:30 CST, the Canadian dollar was at US$0.7592 or C$1.3171, which compares with Monday’s North American close of US$0.7609 or C$1.3142. Stocks were mixed as the shine has worn off of the trade agreement

By MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The Canadian dollar was stronger at market close on Monday, due to continuing optimism towards the unsigned Phase One trade deal between the United States and China. Meanwhile, the Canadian government’s forecast of higher deficits weighed on values. The loonie finished the day at US$0.7609 or US$1=C$1.3142, which

By MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) The Canadian dollar was stronger on Monday morning, as stock indexes started the week on a higher note. At 8:20 CST, the Canadian dollar was at US$0.7619 or C$1.3125, which compares with Friday’s North American close of US$0.7586 or C$1.3183. Stocks were higher due to global optimism following a

By MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar finished the week steady, as a signed trade deal between the United States and China briefly shook financial markets. The dollar finished the day at US$0.7586 or US$1=C$1.3182, compared to Thursday when it closed at US$0.7586 or US$1=C$1.3182. Stock markets finished mostly in the green

By MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar was slightly stronger on Thursday, buoyed by global optimism for a trade deal between the United States and China. The dollar finished the day at US$0.7586 or US$1=C$1.3182, compared to Wednesday when it closed at US$0.7575 or US$1=C$1.3201. Stock markets finished stronger following reports that

By MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar rose slightly Thursday morning, as world benchmark crude oil prices inched upward. As of 8:44 CST, the Canadian dollar was at US$0.7588 or C$1.3176. That compares to Wednesday’s North American close of US$0.7575 or C$1.3201. Crude oil prices were slightly higher Wednesday morning, as OPEC’s

By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, thanks to a comparatively weaker United States dollar following an announcement that the U.S. Federal Reserve will hold interest rates steady into 2020. The dollar finished the day at US$0.7575 or US$1=C$1.3201, compared to Tuesday when it closed at US$0.7557 or

By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was steady Wednesday morning, as it continues to budge very little either way ahead of today’s interest rate announcement by the United States Federal Reserve. As of 8:50 CST, the Canadian dollar was at US$0.7561 or C$1.3226. That compares to Tuesday’s North American close of

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was steady on Tuesday, despite a dip in global stock indexes. The dollar finished the day at US$0.7557 or US$1=C$1.3233, compared to Monday when it closed at US$0.7556 or US$1=C$1.3235. Stock markets closed lower for a second consecutive day ahead of the United States Federal

By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was steady Tuesday morning, as officials meet in Mexico City to make some alterations to the U.S.-Mexico-Canada Agreement (USMCA). As of 8:50 CST, the Canadian dollar was at US$0.7554 or C$1.3233. That compares to Monday’s North American close of US$0.7556 or C$1.3235. Canadian officials, along