Currency Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was relatively steady on Tuesday as support from gains in crude oil was balanced off by increases in the United States dollar. The loonie closed on Tuesday at US$0.6974 or US$1=1.4340, compared to Monday’s finish of US$0.6970 or US$1=1.4348. On the U.S. Dollar […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher on Tuesday as the dust settled over the resignation of Prime Minister Justin Trudeau. As of 8:43 am CST, the loonie was at US$0.6982 or US$1=C$1.4323 compared to Monday’s close of US$0.6970 or US$1=C$1.4348. On the U.S. Dollar Index, the greenback shed […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was stronger on Monday after Prime Minister Justin Trudeau announced he will step down once a new federal Liberal leader is selected. Additional support came from a sharp drop in the United States dollar. The loonie closed on Monday at US$0.6970 or US$1=1.4348, […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday as its United States counterpart dropped. As of 8:37 am CST, the loonie was at US$0.6975 or US$1=C$1.4333 compared to Friday’s close of US$0.6924 or US$1=C$1.4418. On the U.S. Dollar Index, the greenback gave up 0.643 of a point at 108.160. […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off to end the week. The loonie closed at US$0.6924 or US$1=C$1.4442 on Friday, down from US$0.6936 or US$1=C$1.4418 on Thursday and hitting another new multi-year low. However, the United States Dollar Index retreated 0.47 of a point at 108.93. Crude oil continued to move higher […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Friday, as the political turmoil in Ottawa began to pick up steam again. As of 8:40 am CST, the loonie was at US$0.6937 or US$1=C$1.4412 compared to Thursday’s close of US$0.6946 or US$1=C$1.4418. Former Liberal cabinet minister Marco Mendicino announced on Thursday […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market took a small step back on Friday morning despite mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher to start the day, while crude oil made small gains. However, European rapeseed was mostly lower. The Canadian dollar was steady compared […] Read more

The Canadian dollar started 2025 by falling further below the 70 United States cents mark. The loonie closed at another multi-year low at US$0.6936 or US$1=C$1.4418 on Thursday, down from US$0.6950 or US$1=C$1.4389 on Tuesday. The Bank of Canada did not post a closing rate on Wednesday due to New Year’s Day. The U.S. Dollar […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – As trading resumed on Thursday morning following New Year’s Day, the Canadian dollar stepped back as its United States counterpart continued to add strength. As of 8:41 am CST, the loonie was at US$0.6933 or US$1=C$1.4426 compared to Tuesday’s close of US$0.6950 or US$1=C$1.4389. On the U.S. Dollar […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday in the face of a stronger United States dollar, but declines were limited by upticks in crude oil. The political upheaval surrounding Prime Minister Justin Trudeau and his minority Liberal government has settled down for now, taking some pressure off […] Read more