Currency Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed higher Friday, fueled by upticks in global crude oil prices and a positive economic report from Statistics Canada. The loonie closed at US$0.7380 or US$1=C$1.3550, compared to Wednesday’s finish of US$0.7360 or US$1=C$1.3587. On the United States Dollar Index, the greenback gained 0.231 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was slightly higher on Thursday morning, getting strength from increases in global crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7369 or US$1=C$1.3570 compared to Wednesday’s close of US$0.7360 or C$1.3587. On the U.S. Dollar Index, the greenback tacked on […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar dipped on Wednesday, simply not finding sufficient strength to climb higher. The Canadian dollar closed at US$0.7360 or US$1=C$1.3587, compared to Tuesday’s finish of US$0.7368 or US$1=C$1.3572. On the United States Dollar Index, the greenback was relatively steady at 104.010 points. Benchmark crude oil […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell back on Wednesday morning, due to an uptick in the United States dollar and small losses in crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7354 or US$1=C$1.3598 compared to Tuesday’s close of US$0.7368 or C$1.3572. On the U.S. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed a pinch higher on Tuesday. The Canadian dollar closed at US$0.7368 or US$1=C$1.3572, compared to Monday’s finish of US$0.7362 or US$1=C$1.3583. On the United States Dollar Index, the greenback tacked on 0.086 of a point at 104.020. Benchmark crude oil prices eased back […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was slightly higher on Tuesday morning, due to small adjustments in the United States dollar and global crude oil prices. As of 8:42 am CDT, the loonie was at US$0.7372 or US$1=C$1.3565 compared to Monday’s close of US$0.7362 or C$1.3583. On the U.S. Dollar […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was held relatively steady on Monday, rising slightly relative to its United States counterpart. The Canadian dollar settled at US$0.7362 or US$1=C$1.3583 on Monday, which compares with Friday’s close of US$0.7357 or US$1=C$1.3593. Expectations that the United States Federal Reserve will likely cut interest […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer Monday morning, with gains in crude oil providing some underlying support to the energy-linked currency. At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7365 or US$1=C$1.3578, which compares with Friday’s close of US$0.7357 or US$1=C$1.3593. Expectations that the United States […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar ended the week with a sharp drop after the release of economic data from Statistics Canada (StatCan). The loonie closed at US$0.7357 or US$1=C$1.3593, compared to US$0.7394 or US$1=C$1.3525 on Thursday. StatCan reported this morning that retail sales dipped 0.3 per cent in January at C$67 billion. However, […] Read more

Glacier FarmMedia MarketsFarm – After approaching 74 United States cents yesterday, the Canadian dollar retreated on Friday morning after the release of data from Statistics Canada (StatCan). The loonie was at US$0.7369 or US$1=C$1.3570 as of 8:54 a.m. CDT, compared to US$0.7394 or US$1=C$1.3525 on Thursday. StatCan reported on Friday that retail sales dipped 0.3 […] Read more