Currency Markets

Glacier FarmMedia — The Canadian dollar was steady on Monday, seeing some consolidation to start the week after touching its strongest levels in eight months relative to its United States counterpart last week. The Canadian dollar settled at US$0.7308 or US$1=C$1.3684, which compares with Friday’s close of US$0.7305 or US$1=C$1.3690. Talks between China and the […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer Monday morning, as currency traders were awaiting fresh trade news to provide direction. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7299 or US$1=C$1.3701 which compares with Friday’s close of US$0.7305 or US$1=C$1.3690. Officials from China and the United States are meeting in London […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Friday, unable to shake off a lackluster unemployment report and a stronger United States dollar. The loonie finished at US$0.7305 or US$1=C$1.3690, compared to Thursday’s close of US$0.7321 or US$1=C$1.3659. Statistics Canada reported that unemployment in the country inched up […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning due to a strengthening United States dollar. As of 8:46 am CDT, the loonie was at US$0.7308 or US$1=C$1.3687 compared to Thursday’s close of US$0.7321 or US$1=C$1.3659. On the U.S. Dollar Index, the greenback climbed 0.486 of a point at […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added nearly a tenth of a cent on Thursday, getting support from increased crude oil prices while the United States dollar was relatively steady. The loonie finished at US$0.7321 or US$1=C$1.3659, compared to Wednesday’s close of US$0.7312 or US$1=C$1.3677. The U.S. Dollar Index […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar gained more ground on Thursday morning, as its United States counterpart slipped back. As of 8:42 am CDT, the loonie was at US$0.7332 or US$1=C$1.3637 compared to Wednesday’s close of US$0.7312 or US$1=C$1.3677. On the U.S. Dollar Index, the greenback gave up 0.370 of a […] Read more

Canadian Financial Close: Loonie closes above 73 U.S. cents By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added a quarter on Wednesday, busting through the 73-cent mark following the interest rate announcement from the Bank of Canada. The loonie finished at US$0.7312 or US$1=C$1.3677, compared to Tuesday’s close of US$0.7287 or […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up to almost 73 U.S. cents on Wednesday morning, following the interest rate announcement from the Bank of Canada. The BoC held its key overnight rate at 2.75 per cent, citing uncertainty with the Canadian and global economies due to United States tariffs. Also, […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar eased away from the 73-cent mark on Tuesday as the United States dollar reclaimed much of the value it lost on Monday. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to Monday’s close of US$0.7296 or US$1=C$1.3707. The U.S. Dollar Index witnessed a […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Tuesday morning as its United States counterpart was higher. As of 8:36 am CDT, the loonie was at US$0.7288 or US$1=C$1.37109 compared to Monday’s close of US$0.7296 or US$1=C$1.3707. On the U.S. Dollar Index, the greenback gained 0.405 of a point at […] Read more