Currency Markets

Glacier FarmMedia — The Canadian dollar was relatively unchanged Friday morning, despite a rally in crude oil as financial markets reacted to Israeli attacks on Iran overnight and investors moved to safe havens like the United States dollar. At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7341 or US$1=C$1.3622 which compares with Thursday’s […] Read more

Glacier FarmMedia — The Canadian dollar was stronger on Thursday, as growing optimism over a possible trade deal between Canada and the United States ahead of next week’s G7 meeting provided support. The Canadian dollar settled at US$0.7346 or US$1=C$1.3612, which was compares with Wednesday’s close of US$0.7318 or US$1=C$1.3665. Crude oil posted small gains, […] Read more

Glacier FarmMedia — The Canadian dollar was stronger Thursday morning, although escalating tensions in the Middle East kept some caution in global financial markets. At 8:59 a.m. CDT the Canadian dollar was trading at US$0.7340 or US$1=C$1.3624 which compares with Wednesday’s close of US$0.7318 or US$1=C$1.3665 The ratio of household debt to disposable income in […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday as U.S. inflation data failed to live up to expectations and weighed on the country’s currency. The Canadian dollar settled at US$0.7318 or US$1=C$1.3665, which was compares with Tuesday’s close of US$0.7308 or US$1=C$1.3684. The total value of […] Read more

Glacier FarmMedia — The Canadian dollar was firmer Wednesday morning, with gains in crude oil supportive for the energy-linked currency. At 8:40 a.m. CDT the Canadian dollar was trading at US$0.7316 or US$1=C$1.3669 which compares with Tuesday’s close of US$0.7308 or US$1=C$1.3684. The total value of building permits issued in Canada decreased by 6.6 per […] Read more

Glacier FarmMedia — Canadian dollar was held steady near eight-month highs relative to its United States counterpart on Tuesday, lacking any clear direction. The Canadian dollar settled at US$0.7308 or US$1=C$1.3684, which was unchanged with Monday’s close. There were no significant Canadian economic releases, with U.S. inflation data due out on Wednesday. Talks between China […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Tuesday morning, lacking any clear direction as market attention focused on trade talks between the United States and China. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7307 or US$1=C$1.3686 which compares with Monday’s close of US$0.7308 or US$1=C$1.3684. The World Bank cut its […] Read more

Glacier FarmMedia — The Canadian dollar was steady on Monday, seeing some consolidation to start the week after touching its strongest levels in eight months relative to its United States counterpart last week. The Canadian dollar settled at US$0.7308 or US$1=C$1.3684, which compares with Friday’s close of US$0.7305 or US$1=C$1.3690. Talks between China and the […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer Monday morning, as currency traders were awaiting fresh trade news to provide direction. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7299 or US$1=C$1.3701 which compares with Friday’s close of US$0.7305 or US$1=C$1.3690. Officials from China and the United States are meeting in London […] Read more

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