Currency Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday due to pressure from a stronger United States dollar. However, increases in crude oil and positioning ahead of two interest rate announcements tempered the losses. The loonie closed on Tuesday at US$0.6947 or US$1=C$1.4394, compared to Monday’s finish of US$0.6954 […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Tuesday morning as a stronger United States dollar was countered by higher crude oil prices. As of 8:45 am CST, the loonie was at US$0.6957 or US$1=C$1.4378 compared to Monday’s close of US$0.6954 or US$1=C$1.4381. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Monday due to weakness in crude oil and positioning ahead of Wednesday’s interest rate announcement by the Bank of Canada. The loonie closed on Monday at US$0.6954 or US$1=C$1.4381, compared to Friday’s finish of US$0.6975 or US$1=C$1.4336. On the U.S. […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Monday morning due to losses in crude oil, although declines in the United States dollar moderated the step back. As of 8:35 am CST, the loonie was at US$0.6954 or US$1=C$1.4378 compared to Friday’s close of US$0.6975 or US$1=C$1.4336. On the U.S. […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened on Friday, amid a continued lack of any detail on possible tariffs from the United States. The Canadian dollar settled at US$0.6975 or US$1=C$1.4336, which compares with Thursday’s close of US$0.6958 or US$1=C$1.4371. New home prices in Canada dipped slightly in December, with the national new […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Friday morning. At 8:38 a.m. CST the Canadian dollar was trading at US$0.6981 or US$1=C$1.4325 which compares with Thursday’s close of US$0.6958 or US$1=C$1.4371. New home prices in Canada dipped slightly in December, with the national new housing price index down 0.1 per cent on […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Thursday. The Canadian dollar settled at US$0.6958 or US$1=C$1.4371 on Wednesday, which compares with Tuesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales in Canada were steady November at C$67.6 billion, according to Statistics Canada data, but early indictors point to a 1.6 per […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, with expectations for an interest rate cut from the Bank of Canada next week weighing on the currency. At 8:34 a.m. CST the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Wednesday after seeing large moves earlier in the week. The Canadian dollar settled at US$0.6959 or US$1=C$1.4369 on Wednesday, which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Wednesday morning. At 8:49 a.m. CST the Canadian dollar was trading at US$0.6956 or US$1=C$1.4376 which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous month, while the Raw […] Read more