Currency Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Friday, unable to shake off a lackluster unemployment report and a stronger United States dollar. The loonie finished at US$0.7305 or US$1=C$1.3690, compared to Thursday’s close of US$0.7321 or US$1=C$1.3659. Statistics Canada reported that unemployment in the country inched up […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning due to a strengthening United States dollar. As of 8:46 am CDT, the loonie was at US$0.7308 or US$1=C$1.3687 compared to Thursday’s close of US$0.7321 or US$1=C$1.3659. On the U.S. Dollar Index, the greenback climbed 0.486 of a point at […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added nearly a tenth of a cent on Thursday, getting support from increased crude oil prices while the United States dollar was relatively steady. The loonie finished at US$0.7321 or US$1=C$1.3659, compared to Wednesday’s close of US$0.7312 or US$1=C$1.3677. The U.S. Dollar Index […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar gained more ground on Thursday morning, as its United States counterpart slipped back. As of 8:42 am CDT, the loonie was at US$0.7332 or US$1=C$1.3637 compared to Wednesday’s close of US$0.7312 or US$1=C$1.3677. On the U.S. Dollar Index, the greenback gave up 0.370 of a […] Read more

Canadian Financial Close: Loonie closes above 73 U.S. cents By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added a quarter on Wednesday, busting through the 73-cent mark following the interest rate announcement from the Bank of Canada. The loonie finished at US$0.7312 or US$1=C$1.3677, compared to Tuesday’s close of US$0.7287 or […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up to almost 73 U.S. cents on Wednesday morning, following the interest rate announcement from the Bank of Canada. The BoC held its key overnight rate at 2.75 per cent, citing uncertainty with the Canadian and global economies due to United States tariffs. Also, […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar eased away from the 73-cent mark on Tuesday as the United States dollar reclaimed much of the value it lost on Monday. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to Monday’s close of US$0.7296 or US$1=C$1.3707. The U.S. Dollar Index witnessed a […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Tuesday morning as its United States counterpart was higher. As of 8:36 am CDT, the loonie was at US$0.7288 or US$1=C$1.37109 compared to Monday’s close of US$0.7296 or US$1=C$1.3707. On the U.S. Dollar Index, the greenback gained 0.405 of a point at […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished Monday slightly below 73 U.S. cents in pre-report positioning ahead of the Bank of Canada’s interest rate announcement on June 4. The loonie closed at US$0.7296 or US$1=C$1.3707, compared to Friday’s close of US$0.7268 or US$1=C$1.3758. The U.S. Dollar Index saw the […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday morning as its United States counterpart slid back. As of 8:37 am CDT, the loonie was at US$0.7298 or US$1=C$1.3702 compared to Friday’s close of US$0.7268 or US$1=C$1.3758. On the U.S. Dollar Index, the greenback dropped 0.414 of a point at […] Read more