Currency markets

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

By MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The Canadian dollar was slightly higher at the start of the week, despite a weak day for global stock indexes. The dollar finished the day at US$0.7556 or US$1=C$1.3235, compared to Friday when it closed at US$0.7544 or US$1=C$1.3255. Stock markets closed lower despite November’s “monster” jobs report.

By MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The Canadian dollar was firm Monday morning, as a report on housing starts was balanced off by a small decreases in crude oil prices. As of 8:42 CDT, the Canadian dollar was at US$0.7550 or C$1.3245. That compares to Friday’s North American close of US$0.7544 or C$1.3255. Support

By MarketsFarm WINNIPEG, Dec. 6 (MarketsFarm) – The Canadian dollar was weaker at market close on Friday, as Statistics Canada reported the largest job losses since the recession of 2008-09. The loonie finished the day at US$0.7544 or US$1=C$1.3255, which compares with Thursday’s close of US$0.7591 or C$1.3174. Statistics Canada said the country lost more

By MarketsFarm WINNIPEG, Dec. 6 (MarketsFarm) The Canadian dollar was weaker Friday morning as disappointing jobs data weighed on values. At 9:20 CST Friday’s morning the Canadian dollar was at US$0.7545 or C$1.3254 which compares with Thursday’s North American close of US$0.7591 or C$1.3174. The Canadian economy lost a surprising 71,200 jobs in November, causing

By MarketsFarm WINNIPEG, Dec. 5 (MarketsFarm) – The Canadian dollar was stronger at market close on Thursday, due to an improvement in the country’s trade balance and an increase in the price of Western Canadian Select (WCS) crude oil. The loonie finished the day at US$0.7591 or US$1=C$1.3174, which compares with Wednesday’s close of US$0.7563

By MarketsFarm WINNIPEG, Dec. 5 (MarketsFarm) The Canadian dollar was stronger Thursday morning, seeing some follow-through buying interest after Wednesday’s rally. At 8:50 CST Thursday morning the Canadian dollar was at US$0.7594 or C$1.3168 which compares with Wednesday’s North American close of US$0.7563 or C$1.3223. The Bank of Canada’s decision to hold steady on interest

By MarketsFarm WINNIPEG, Dec. 4 (MarketsFarm) – The Canadian dollar was stronger at market close on Wednesday, spurred by continued OPEC production cuts and by positive comments from the Bank of Canada. The loonie finished the day at US$0.7563 or US$1=C$1.3223, which compares with Tuesday’s close of US$0.7518 or C$1.3302. Benchmark oil prices were higher

By MarketsFarm WINNIPEG, Dec. 4 (MarketsFarm) The Canadian dollar was slightly firmer Wednesday morning as investors squared positions ahead of the Bank of Canada’s latest interest rate announcement. At 9:01 CST Tuesday morning the Canadian dollar was at US$0.7538 or C$1.3266 which compares with Tuesday’s North American close of US$0.7518 or C$1.3302. The Bank of

By MarketsFarm WINNIPEG, Dec. 3 (MarketsFarm) – The Canadian dollar continued to hold steady at market close on Tuesday, in light of the negative effect United States President Donald Trump’s comments had on the global markets. The loonie finished the day at US$0.7518 or US$1=C$1.3302, which compares with Monday’s close of US$0.7520 or C$1.3297. Trump