Currency Markets

Glacier FarmMedia — The Canadian dollar held steady on Thursday.      The Canadian dollar settled at US$0.7118 or US$1=C$1.4048, which compares with Wednesday’s close of US$0.7120 or US$1=C$1.4045.      Speaking in Washington, D.C., Bank of Canada Governor Tiff Macklem said the growth outlook remained “soft” for the country. “We do expect growth in the second […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Thursday morning, with currency traders awaiting comments from Bank of Canada Governor Tiff Macklem later in the day.      At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7119 or US$1=C$1.4047 which compares with Wednesday’s close of US$0.7120 or US$1=C$1.4045.      Macklem is set to […] Read more

Glacier FarmMedia — The Canadian dollar held steady on Wednesday.      The Canadian dollar settled at US$0.7120 or US$1=C$1.4045, which compares with Tuesday’s close of US$0.7119 or US$1=C$1.4046.      Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in the country fell by 1.2 per cent […] Read more

Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning.      At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Tuesday’s close of US$0.7119 or US$1=C$1.4046.      Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in […] Read more

Glacier FarmMedia — The Canadian dollar weaker on Tuesday, pressured by losses in crude oil.      The Canadian dollar settled at US$0.7119 or US$1=C$1.4046, which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets were closed Monday for Thanksgiving.      The International Energy Agency raised its forecast for the world oil surplus in 2026 […] Read more

Glacier FarmMedia — The Canadian dollar was softer relative to its United States counterpart Tuesday morning, with losses in crude oil behind some of the weakness in the energy-linked currency.      At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets […] Read more

Glacier FarmMedia – The Canadian dollar showed no movement on Friday as it entered the Thanksgiving Day weekend lower than the week before.      The loonie was unchanged from Thursday at US$0.7143 or US$1=C$1.4000 on Friday. Yet, it was still down from the Oct. 3 close of US$0.7167 or US$1=C$1.3953.      The United States Dollar […] Read more

Glacier FarmMedia – The Canadian dollar remained steady on Friday despite positive economic news from Statistics Canada.      The loonie was at US$0.7144 or US$1=C$1.3998 as of 8:32 a.m. CDT, compared to Thursday’s close at US$0.7143 or US$1=C$1.4000. StatCan reported the country added 60,400 jobs in September and the unemployment rate remained at 7.1 per […] Read more

Glacier FarmMedia – The Canadian dollar dipped on Thursday to its lowest close in six months after a week of staying rangebound.      The loonie closed at US$0.7143 or US$1=C$1.4000, compared to US$0.7167 or US$1=C$1.3952 on Wednesday. A stronger United States dollar and lower crude oil prices pressured the loonie.      The U.S. Dollar Index […] Read more

Glacier FarmMedia– The Canadian dollar continued to show little movement on Thursday.      The loonie was at US$0.7165 or US$1=C$1.3957 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7167 or US$1=C$1.3952.      The United States Dollar Index was up 0.06 of a point at 98.97.      Crude oil prices added onto their recent […] Read more