Currency Markets

Glacier FarmMedia — The Canadian dollar finished the week at its strongest levels of the past month relative to its United States counterpart as investors reacted to easing tensions in the Middle East. The Canadian dollar settled at US$0.7315 or US$1=C$1.3671, which compares with Thursday’s close of US$0.7294 or US$1=C$1.3710. Crude oil fell sharply as […] Read more

Glacier FarmMedia — The Canadian dollar was stronger Friday morning, despite a selloff in crude oil as talk of de-escalation in the Middle East had investors showing an increased appetite for riskier assets. At 8:58 a.m. CDT the Canadian dollar was trading at US$0.7311 or US$1=C$1.3678 which compares with Thursday’s close of US$0.7294 or US$1=C$1.3710. […] Read more

Glacier FarmMedia — The Canadian dollar strengthened on Thursday, hitting fresh three-week highs relative to its United States counterpart as currency markets continued to take direction from developments in the Middle East. The Canadian dollar settled at US$0.7294 or US$1=C$1.3710, which compares with Wednesday’s close of US$0.7275 or US$1=C$1.3746. Israel and Lebanon reportedly agreed to […] Read more

Glacier FarmMedia — The Canadian dollar was firmer Thursday morning, continuing to gain ground relative to its United States counterpart. At 8:55 a.m. CDT the Canadian dollar was trading at US$0.7291 or US$1=C$1.3716 which compares with Wednesday’s close of US$0.7275 or US$1=C$1.3746. New motor vehicle sales in Canada were down by 0.9 per cent in […] Read more

Glacier FarmMedia — The Canadian dollar showed some modest strength on Wednesday, hitting fresh three-week highs relative to its United States counterpart. The Canadian dollar settled at US$0.7275 or US$1=C$1.3746, which compares with Tuesday’s close of US$0.7269 or US$1=C$1.3757. Canadian factory sales were up by 3.6 per cent in February compared to the previous month, […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady relative to its United States counterpart Wednesday morning. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7265 or US$1=C$1.3765 which compares with Tuesday’s close of US$0.7269 or US$1=C$1.3757. Canadian factory sales were up by 3.6 per cent in February compared to the previous month, […] Read more

Glacier FarmMedia — The Canadian dollar strengthened relative to its United States counterpart on Tuesday, as optimism over possible peace talks in the Middle East had investors showing an increased appetite for risk. The Canadian dollar settled at US$0.7269 or US$1=C$1.3757, which compares with Monday’s close of US$0.7240 or US$1=C$1.3812. Prime Minister Mark Carney’s Liberal […] Read more

Glacier FarmMedia — The Canadian dollar was stronger Tuesday morning, with the possibility of more talks between the United States and Iran this weekend somewhat supportive despite resulting losses in crude oil. At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7276 or US$1=C$1.3744 which compares with Monday’s close of US$0.7240 or US$1=C$1.3812. Prime […] Read more

The Canadian dollar was slightly firmer on Monday, trading near its highest level relative to its United States counterpart in three weeks as investors continued to follow developments out of the Middle East. The Canadian dollar settled at US$0.7240 or US$1=C$1.3812, which compares with Friday’s close of US$0.7233 or US$1=C$1.3825. The total value of building […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Monday morning, despite a rally in crude oil. At 8:47 a.m. CDT the Canadian dollar was trading at US$0.7228 or US$1=C$1.3835 which compares with Friday’s close of US$0.7233 or US$1=C$1.3825. The total value of building permits issued in Canada decreased by 8.4 per cent in February […] Read more