Currency markets

By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) The Canadian dollar was steady on Tuesday morning, holding on to gains made last week. At 8:20 CST, the Canadian dollar was at US$0.7515 or C$1.3307, which compares with Monday’s North American close of US$0.7515 or C$1.3307. After eight days of a strike, Teamsters Canada has reached a tentative

By MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The Canadian dollar was slightly lower at market close on Monday, as ongoing strike at Canadian National Railway put pressure on the loonie. However, a better than expected wholesale trade report tempered losses. The loonie finished the day at US$0.7515 or US$1=C$1.3307, which compares with Friday’s close of

WINNIPEG – The Canadian dollar was slightly weaker Monday morning, taking some direction from losses in the global crude oil markets. At 8:44 CST Monday morning the Canadian dollar was at US$0.7514 or C$1.3308 which compares with Friday’s North American close of US$0.7526 or C$1.3287. Crude oil was slightly off its recently hit two-month highs

By MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The Canadian dollar was virtually unchanged at market close on Thursday, by maintaining strength on Statistics Canada’s September retail sales report. The loonie finished the day at US$0.7526 or US$1=C$1.3287, which compares with Thursday’s close of US$0.7527 or C$1.3285. Statistics Canada reported retail sales in September slipped by

By MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The Canadian dollar was slightly higher Friday morning, following comments made yesterday by Bank of Canada Governor Stephen Poloz. As of 8:42 CDT, the Canadian dollar was at US$0.7533 or C$1.3275. That compares to Thursday’s North American close of US$0.7527 or C$1.3285. Poloz commented that Canada’s monetary conditions

By MarketsFarm WINNIPEG, Nov. 21 (MarketsFarm) – The Canadian dollar was slightly higher at market close on Thursday, as crude oil continued to regain lost ground. The loonie finished the day at US$0.7527 or US$1=C$1.3285, which compares with Wednesday’s close of US$0.7517 or C$1.3304. Benchmark oil prices were higher on Thursday due to renewed hopes

By MarketsFarm WINNIPEG, Nov. 20 (MarketsFarm) – The Canadian dollar was lower at market close on Wednesday, marking a six-week low as United States/China trade talks took a sour turn of events. The loonie finished the day at US$0.7517 or US$1=C$1.3304, which compares with Tuesday’s close of US$0.7555 or C$1.3237. There were reports that Phase

By MarketsFarm WINNIPEG, Nov. 20 (MarketsFarm) – The Canadian dollar was lower Wednesday morning following Statistics Canada’s report on inflation. As of 8:54 CDT, the Canadian dollar was at US$0.7528 or C$1.3283. That compares to Tuesday’s North American close of US$0.7555 or C$1.3237. Statistics Canada reported that inflation continued to hold steady at 1.9 per

By MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The Canadian dollar was lower at market close on Tuesday, as crude oil prices and comments by a senior Bank of Canada official weighed on values. The loonie finished the day at US$0.7555 or US$1=C$1.3237, which compares with Monday’s close of US$0.7568 or C$1.3214. Benchmark oil prices fell

By MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) The Canadian dollar was holding steady Tuesday morning, seeing some consolidation after hitting its highest levels relative to its United States counterpart in 11 days on Monday. At 9:15 CST Tuesday morning the Canadian dollar was at US$0.7567 or C$1.3215 which compares with Monday’s North American close of US$0.7568