Currency Markets

The Canadian dollar had its highest close in nearly a month on Wednesday. The loonie closed at US$0.6976 or US$1=C$1.4334, up from US$0.6958 or US$1=C$1.4371 on Tuesday. The closing rate hadn’t been this high for the loonie since Dec. 17. The United States Dollar Index was down 0.23 of a point at 109.05. Inflation in […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved closer to the 70 United States cent level on Wednesday morning. The loonie was at US$0.6984 or US$1=C$1.4318 as of 8:35 a.m. CST, compared to Tuesday’s close at US$0.6958 or US$1=C$1.4371. The United States Dollar Index lost 0.60 of a point at 108.67 after it was reported […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved up for the second straight day on Tuesday. The loonie closed at US$0.6958 or US$1=C$1.4371, up from US$0.6939 or US$1=C$1.4411 on Monday. The United States Dollar Index lost 0.72 of a point at 109.24 ahead of an inflation report tomorrow morning which could decide the Federal […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise Tuesday morning. The loonie was at US$0.6947 or US$1=C$1.4395 as of 8:31 a.m. CST, compared to Monday’s close at US$0.6939 or US$1=C$1.4411. The United States Dollar Index lost 0.35 of a point at 109.60. Crude oil underwent a slight correction after prices jumped on […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar made minimal gains on Monday. The loonie closed at US$0.6939 or US$1=C$1.4411, up from US$0.6934 or US$1=C$1.4422 on Friday. The United States Dollar Index added 0.27 of a point at 109.92. Earlier in the day, the index surpassed the 110-point level for the first time since October 2022. […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Monday morning. The loonie was at US$0.6938 or US$1=C$1.4413 as of 8:32 a.m. CST, compared to US$0.6934 or US$1=C$1.4422. The United States Dollar Index gained 0.23 of a point at 109.88. Earlier in the day, the index surpassed the 110-point level for the […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Friday due to pressure from a rising United States dollar, but declines were tempered by sharp upticks in crude oil. As well, Statistics Canada reported a slight dip in unemployment at 6.7 per cent in December. The loonie closed on […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Friday morning as increases in the United States dollar and crude oil cancelled out each other. As of 8:38 am CST, the loonie was at US$0.6948 or US$1=C$1.4397 compared to Thursday’s close of US$0.6949 or US$1=C$1.4395. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, as upticks in the United States dollar and crude oil essentially balanced out each other. The loonie closed on Thursday at US$0.6947 or US$1=C$1.4395, compared to Wednesday’s finish of US$0.6949 or US$1=1.490. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady Thursday morning as the United States dollar was firm while crude oil only made small increases. As of 8:35 am CST, the loonie was at US$0.6944 or US$1=C$1.4399 compared to Wednesday’s close of US$0.6949 or US$1=C$1.4390. On the U.S. Dollar Index, the […] Read more