Currency markets

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

By MarketsFarm WINNIPEG, Dec. 2 (MarketsFarm) – The Canadian dollar was firm at market close on Monday, as a positive Canadian manufacturing report balanced off a negative report for the United States. The loonie finished the day at US$0.7520 or US$1=C$1.3297, which compares with Friday’s close of US$0.7525 or C$1.3289. The IHS Markit Canada Manufacturing

By MarketsFarm WINNIPEG, Dec. 2 (MarketsFarm) The Canadian dollar was steady to slightly weaker on Monday morning, as stock indexes started the week on a low note. At 9:00 CST, the Canadian dollar was at US$0.7518 or C$1.3266, which compares with Friday’s North American close of US$0.7525 or C$1.3289. Stocks were lower following a tweet

By MarketsFarm WINNIPEG, Nov. 29 (MarketsFarm) – The Canadian dollar was steady to finish the week, as the United States Thanksgiving holiday subdued major financial markets. The dollar finished the day at US$0.7525 or US$1=C$1.3289, compared to Thursday when it closed at US$0.7527 or US$1=C$1.3285. Economic data from Statistics Canada indicated that the Canadian economy

By MarketsFarm WINNIPEG, Nov. 29 (MarketsFarm) The Canadian dollar was slightly weaker on Thursday morning, following reports indicating an economic slowdown. At 8:45 CST, the Canadian dollar was at US$0.7519 or C$1.3266, which compares with Thursday’s North American close of US$0.7527 or C$1.3266. Canada’s economy only grew by 1.3 per cent in the third quarter

By MarketsFarm WINNIPEG, Nov. 28 (MarketsFarm) – The Canadian dollar was steady on Thursday, as the Thanksgiving holiday sidelined major financial markets. The dollar finished the day at US$0.7526 or US$1=C$1.3288, compared to Wednesday when it closed at US$0.7531 or US$1=C$1.3278. European stock indexes were lower, along with U.S. equity futures, following President Donald Trump’s

By MarketsFarm WINNIPEG, Nov. 28 (MarketsFarm) The Canadian dollar was slightly stronger on Thursday morning, holding on to gains made earlier in the week. At 9:05 CST, the Canadian dollar was at US$0.7527 or C$1.3266, which compares with Wednesday’s North American close of US$0.7531 or C$1.3278. Global stocks were mostly lower amid light trading activity

By MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was slightly firmer on Wednesday, as investors squared positions ahead of the United States Thanksgiving holiday. The Canadian dollar closed at US$0.7531 or US$1=C$1.3278, which compares with Tuesday’s close of US$0.7526, or US$1=C$1.3288. Increasing optimism that a tentative trade deal between the U.S. and China

By MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) The Canadian dollar was slightly stronger on Wednesday morning, holding on to gains made last week. At 8:40 CST, the Canadian dollar was at US$0.7538 or C$1.3266, which compares with Tuesday’s North American close of US$0.7526 or C$1.3288. Global stocks were mostly higher ahead of the United States’ Thanksgiving

By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The Canadian dollar finished stronger on Tuesday, remaining just over 75 cents. The dollar finished the day at US$0.7526 or US$1=C$1.3288, compared to Monday when it closed at US$0.7515 or US$1=C$1.3307. The Dow, NASDAQ and S&P 500 finished at record highs, driven partially by strong performances in the