Currency Markets

The Canadian dollar ended Wednesday just shy of the 72 United States cent mark. The loonie closed at US$0.7199 or US$1=C$1.3890, compared to US$0.7177 or US$1=C$1.3934 on Tuesday. The Bank of Canada announced this morning that it was leaving its key interest rate unchanged at 2.75 per cent. It was the first time the central […] Read more

The Canadian dollar made a slow climb upward on Wednesday morning. The loonie was at US$0.7181 or US$1=C$1.3920 as of 8:41 a.m. CDT, slightly higher than US$0.7177 or US$1=C$1.3926 at Tuesday’s close. The United States Dollar Index was down 0.59 of a point at 99.62. The Bank of Canada announced this morning it was leaving […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped below the 72 United States cent mark on Tuesday as the country’s inflation rate slowed down in March. The loonie ended the day at US$0.7177 or US$1=C$1.3934, compared to US$0.7204 or US$1=C$1.3881 on Monday. Statistics Canada reported earlier today the year-by-year inflation rate was 2.3 per cent […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was unchanged on Tuesday morning. The loonie was at US$0.7204 or US$1=C$1.3881 as of 8:28 a.m. CDT, the same as Monday’s close. Statistics Canada reported today the annual inflation rate cooled down to 2.3 per cent in March, down from 2.6 per cent in February, due to lower […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar closed above the 72 United States cent mark for the first time since November. The loonie ended the day at US$0.7204 or US$1=C$1.3881, compared to US$0.7199 or US$1=C$1.3890 on Friday. Statistics Canada reported earlier today that wholesale trade in February, excluding petroleum, oilseeds and grains, rose 0.3 […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar remained steady on Monday morning. The loonie was at US$0.7197 or US$1=C$1.3895 as of 8:31 a.m. CDT, compared to Friday’s close at US$0.7199 or US$1=C$1.3890. After announcing the exclusion of electronics from tariffs on Friday, United States President Donald Trump said on Sunday he would place tariffs […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its upward swing on Friday, climbing almost two-thirds of a cent and just short of 72 U.S. cents. The loonie closed Friday at US$0.7199 or US$1=C$1.3890, compared to Thursday’s finish of US$0.7135 or US$1=C$1.4015. On the United States Dollar Index, the greenback […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar surged ahead on Friday morning as the United States Dollar Index fell below the 100-point mark. As of 8:37 am CDT, the loonie was at US$0.7207 or US$1=C$1.3873 compared to Thursday’s close of US$0.7135 or US$1=C$1.4015. On the index, the greenback dropped 1.335 points at […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped more than two-thirds of a cent on Thursday, after its United States counterpart was weakened by the latest tariff announcement from President Donald Trump. The loonie closed Thursday at US$0.7135 or US$1=C$1.4015, compared to Wednesday’s finish of US$0.7067 or US$1=C$1.4150. On the […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar jumped higher on Thursday morning as its United States counterpart tumbled. As of 8:45 am CDT, the loonie was at US$0.7112 or US$1=C$1.4061 compared to Wednesday’s close of US$0.7067 or US$1=C$1.4150. On the U.S. Dollar Index, the greenback dropped 1.223 points at 101.390. Yesterday, U.S. […] Read more