Currency Markets

By Glen Hallick Glacier FarmMedia – The Canadian dollar pulled back on Tuesday morning due to strength in the United States dollar and declines in crude oil. Trading in the loonie resumed following Monday’s holiday. As of 8:36 am CST, the Canadian dollar was at US$0.7315 or US$1=C$1.3673, compared to Friday’s close of US$0.7345 or […] Read more

Glacier FarmMedia – The Canadian dollar pulled back on Friday, but still ended with a weekly gain.      The loonie closed at US$0.7345 or US$1=C$1.3614, compared to US$0.7350 or US$1=C$1.3605 on Thursday. However, the rate was higher than on Feb. 6 at US$0.7327 or US$1=C$1.3648.      The United States Dollar Index was down 0.05 of […] Read more

Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday morning.      The loonie was at US$0.7349 or US$1=C$1.3607 as of 8:33 a.m. CST, compared to Thursday’s close at US$0.7350 or US$1=C$1.3605.      The United States Dollar Index was up 0.11 of a point at 97.04. The U.S. Bureau of Labor Statistics reported today […] Read more

Glacier FarmMedia – The Canadian dollar eased off for the second straight day on Thursday.      The loonie closed at US$0.7350 or US$1=C$1.3605, compared to US$0.7367 or US$1=C$1.3574 on Wednesday.      The United States Dollar Index edged upwards by 0.09 of a point at 96.93.      Crude oil prices suffered losses on Thursday after the […] Read more

Glacier FarmMedia – The Canadian dollar was virtually unchanged on Thursday morning.      The loonie was at US$0.7368 or US$1=C$1.3572 as of 8:35 a.m. CST, compared to Wednesday’s close at US$0.7367 or US$1=C$1.3574. The United States Dollar Index was down 0.01 of a point at 96.82.      Crude oil prices pulled back after the International […] Read more

Glacier FarmMedia – The Canadian dollar showed a decline on Wednesday despite crude oil prices moving upward.      The loonie closed at US$0.7367 or US$1=C$1.3574, compared to US$0.7383 or US$1=C$1.3544 on Tuesday.      The United States Dollar Index gained 0.13 of a point at 96.93.      Crude oil prices were higher after U.S. President Donald […] Read more

Glacier FarmMedia – The Canadian dollar moved lower to start Wednesday.      The loonie was at US$0.7366 or US$1=C$1.3576 as of 8:33 a.m. CST, compared to Tuesday’s close at US$0.7383 or US$1=C$1.3544.      The United States Dollar Index improved 0.43 of a point at 97.23. The U.S. Labor Department reported today that the country added […] Read more

Glacier FarmMedia – The Canadian dollar ended Tuesday with its highest close in 11 days.      The loonie closed at US$0.7383 or US$1=C$1.3544, compared to US$0.7366 or US$1=C$1.3576 on Monday.      The United States Dollar Index was relatively steady, down 0.02 of a point at 96.80.      Crude oil prices were mixed as the market […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued higher on Tuesday morning, as its United States counterpart slipped lower and crude oil tacked on increases. As of 9:19 am CST, the loonie was at US$0.7388 or US$1=C$1.3537, compared to Monday’s close of US$0.7366 or US$1=C$1.3576. On the U.S. Dollar Index, the […] Read more

Glacier FarmMedia – The Canadian dollar made gains on Monday as as its United States counterpart fell back and crude oil was higher.          The loonie closed at US$0.7366 or US$1=C$1.3576, compared to US$0.7327 or US$1=C$1.3648 on Friday, as speculators turned the Canadian dollar into a net long position for the first time in more […] Read more