Currency Markets

Glacier FarmMedia — The Canadian dollar was softer Thursday morning, pressured by a declining appetite for risk in global financial markets amid the ongoing war in the Middle East. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer on Wednesday, as currency markets had a muted response to steady interest rate policy announcements from Canada and the United States. The Canadian dollar settled at US$0.7296 or US$1=C$1.3706, which compares with Tuesday’s close of US$0.7300 or US$1=C$1.3699. The Bank of Canada and the U.S. Federal […] Read more

Glacier FarmMedia — The Canadian dollar was softer Wednesday morning ahead of the latest policy announcements from the Bank of Canada and the United States Federal Reserve. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Tuesday’s close of US$0.7300 or US$1=C$1.3699. Most analysts expect the Bank of […] Read more

Glacier FarmMedia — The Canadian dollar was softer on Tuesday, as currency traders adjusted positions ahead of policy announcements from several central banks later this week. The Canadian dollar settled at US$0.7300 or US$1=C$1.3699, which compares with Monday’s close of US$0.7313 or US$1=C$1.3675. The Bank of Canada and the U.S. Federal Reserve will announce their […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Tuesday morning as currency markets awaited key policy announcements later this week. At 9:50 a.m. CDT the Canadian dollar was trading at US$0.7300 or US$1=C$1.3699 which compares with Monday’s close of US$0.7313 or US$1=C$1.3675. The Bank of Canada and the […] Read more

Glacier FarmMedia — The Canadian dollar was stronger on Monday, despite soft inflation data and losses in crude oil. The Canadian dollar settled at US$0.7313 or US$1=C$1.3675, which compares with Friday’s close of US$0.7291 or US$1=C$1.3716. Canada’s consumer price index (CPI) increased by 1.8 per cent on an annual basis in February, slowing from the […] Read more

Glacier FarmMedia — The Canadian dollar was firmer relative to its United States counterpart Monday morning. At 9:47 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657 which compares with Friday’s close of US$0.7291 or US$1=C$1.3716. Canada’s consumer price index (CPI) increased by 1.8 per cent on an annual basis in February, slowing […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar was weaker on Friday, due to strength in the United States dollar and a poor jobs report from Statistics Canada. Gains in crude oil tempered the losses in the loonie. The Canadian dollar finished at US$0.7291 or US$1=C$1.3716 compared to Thursday’s close of US$0.7344 or US$1=C$1.3617. […] Read more

Glacier FarmMedia – The Canadian dollar stepped back on Friday morning, following the latest Statistic Canada unemployment report. As of 8:36 am CDT, the Canadian dollar was at US$0.7299 or US$1=C$1.3698 compared to Thursday’s close of US$0.7344 or US$1=C$1.3617. On the United States Dollar Index, the greenback bumped up 0.286 of a point at 99.790. […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar continued to fade on Thursday, unable to climb higher on large upswings in crude oil. The loonie finished at US$0.7344 or US$1=C$1.3617 compared to Wednesday’s close of US$0.7360 or US$1=C$1.3587. On the United States Dollar Index, the greenback advanced 0.520 of a point at 98.500. Benchmark […] Read more