Currency Markets

By Phil Franz-Warkentin Glacier FarmMedia, MarketsFarm – The Canadian dollar was stronger on Thursday, continuing to gain ground relative to its United States counterpart as fund traders were thought to be exiting short positions ahead of the New Year. The Canadian dollar settled at US$0.7513 or US$1=C$1.3311 on Thursday, which compares with Wednesday’s close of […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Thursday morning in thin pre-holiday trade. At 8:41 a.m. CST Thursday morning the Canadian dollar was trading at US$0.7501 or US$1=C$1.3332, which compares with Wednesday’s close of US$0.7501 or US$1=C$1.3331. Retail sales in Canada rose 0.7 per cent in October hitting […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Wednesday, trading at its highest levels in four-and-a-half months relative to its United States counterpart. The Canadian dollar settled at US$0.7501 or US$1=C$1.3331 on Wednesday, which compares with Tuesday’s close of US$0.7494 or US$1=C$1.3344. Canada’s unemployment rate edged up 0.2 percentage […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Wednesday morning in thin pre-holiday trade. At 8:34 a.m. CST Wednesday morning the Canadian dollar was trading at US$0.7498 or US$1=C$1.3337, which compares with Tuesday’s close of US$0.7494 or US$1=C$1.3344. Canada’s unemployment rate edged up 0.2 percentage points in October, hitting […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar strengthened relative to its United States counterpart on Tuesday, hitting a fresh four-and-a-half month high as currency traders reacted to updated inflation data. The Canadian dollar settled at US$0.7494 or US$1=C$1.3344 on Monday, which compares with Monday’s close of US$0.7470 or US$1=C$1.3387. Canada’s annual […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was showing some strength relative to its United States counterpart Tuesday morning as currency traders reacted to updated inflation data. At 8:51 a.m. CST Tuesday morning the Canadian dollar was trading at US$0.7501 or US$1=C$1.3332, which compares with Monday’s close of US$0.7470 or US$1=C$1.3387. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer relative to its United States counterpart on Monday, taking a step back from its recently hit four-week highs as investors squared positions ahead of Tuesday’s inflation data. The Canadian dollar settled at US$0.7470 or US$1=C$1.3387 on Monday, which compares with Friday’s close […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Monday morning, with gains in crude oil providing some underlying support. At 8:51 a.m. CST Monday morning the Canadian dollar was trading at US$0.7476 or US$1=C$1.3376, which compares with Friday’s close of US$0.7475 or US$1=C$1.3378. Job vacancies in Canada came in […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pushed higher on Friday, despite a lack of support. The Canadian dollar closed at US$0.7475 or US$1=C$1.3378, compared to Thursday’s finish of US$0.7452 or US$1=C$1.3419. On the U.S. Dollar Index, the greenback advanced 0.652 of a point at 102.230. Benchmark crude oil prices saw […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar inched its way a little higher on Friday morning, due to a small amount of support from crude oil and despite a stronger United States dollar. As of 8:37 am CST, the loonie was at US$0.7464 or C$1.3394, compared to Thursday’s close of US$0.7452 […] Read more