Currency Markets

Glacier FarmMedia | MarketsFarm – The Canadian dollar dived on Wednesday hours following Donald Trump’s re-election as President of the United States. The loonie was at US$0.7176 or US$1=C$1.3935, compared to US$0.7218 or US$1=C$1.3854 on Tuesday. The United States Dollar Index jumped 1.66 points at 105.09. Crude oil recovered most of its losses from this morning. […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Wednesday morning following the re-election of former United States president Donald Trump. The loonie was at US$0.7166 or US$1=C$1.3955 as of 8:34 a.m. CST, compared to US$0.7218 or US$1=C$1.3854 on Tuesday. The U.S. Dollar Index surged by gaining 1.85 points at 105.27. The Federal Reserve will […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar rose yet again on Tuesday. The loonie was at US$0.7218 or US$1=C$1.3854, compared to US$0.7197 or US$1=C$1.3894 on Monday. The United States Dollar Index was down 0.45 of a point at 103.44 on Election Day. Crude oil increased after Chinese Premier Li Qiang said he had confidence […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its move upwards on Tuesday morning. The loonie was at US$0.7213 or US$1=C$1.3864 as of 8:30 a.m. CST, compared to US$0.7197 or US$1=C$1.3894 on Monday. The United States Dollar Index was down 0.16 of a point at 103.73 on Election Day. The Federal Reserve will make […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar jumped to start the week, approaching the 72 United States cent mark. The loonie was at US$0.7197 or US$1=C$1.3894, compared to US$0.7178 or US$1=C$1.3932 on Friday. The United States Dollar Index was down 0.37 of a point at 103.91. Crude oil rose on Monday after OPEC+ announced […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar started the week strong. The loonie was at US$0.7198 or US$1=C$1.3893 as of 8:38 a.m. CST, compared to US$0.7178 or US$1=C$1.3932 on Friday. The United States Dollar Index plunged 0.58 of a point at 103.70. The Federal Reserve will make its key interest rate announcement on Wednesday […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was down on Friday, as its United States counterpart added strength. The loonie was at US$0.7178 or US$1=C$1.3932 compared to Thursday’s close of US$0.7196 or US$1=1.3916. On the United States Dollar Index, the greenback gained 0.377 of a point at 104.255. Benchmark crude […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Friday morning, as the loonie’s previous declines, due to the Bank of Canada’s more aggressive interest rate cuts compared to those by the United States Federal Reserve, seem to have run their course. As of 8:36 am CDT, the loonie was […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was unchanged on Thursday following the latest Statistics Canada report on the country’s economy. The loonie remained at US$0.7186 or US$1=C$1.3915. On the United States Dollar Index, the greenback shed 0.052 of a point at 103.810. StatCan said Canada’s gross domestic product likely […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was attempting to regain some lost strength on Thursday morning. As of 8:38 am CDT, the loonie was at US$0.7196 or US$1=C$1.3897 compared to Wednesday’s close of US$0.7186 or US$1=C$1.3915. On the U.S. Dollar Index, the greenback dipped 0.022 of a point at 103.840. Statistics […] Read more