Currency Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added nearly two-tenths of a cent on Wednesday, despite news Canada’s economy contracted in February. The loonie closed Wednesday at US$0.7240 or US$1=C$1.3812, compared to Tuesday’s finish of US$0.7222 or US$1=C$1.3847. On the United States Dollar Index, the greenback rose 0.457 of a […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Wednesday morning despite a decline in Canada’s gross domestic product in February. As of 8:33 am CDT, the loonie was at US$0.7229 or US$1=C$1.3834 compared to Tuesday’s close of US$0.7222 or US$1=C$1.3847. On the United States Dollar Index, the greenback added 0.232 […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Tuesday despite pressure from gains in the United States dollar and losses in crude oil. Those were countered by the Liberal win in last night’s federal election with the party poised to take 169 seats, three short of a majority. […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was a little higher on Tuesday morning following the Liberal minority win in last night’s federal election. As of 8:33 am CDT, the loonie was at US$0.7228 or US$1=C$1.3835 compared to Monday’s close of US$0.7220 or US$1=C$1.3850. On the index, the greenback nudged up 0.051 […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar nudged up on Monday as its United States counterpart weakened. However, gains were capped by losses in crude oil. The loonie closed on Monday at US$0.7220 or US$1=C$1.3850, compared to Friday’s finish of US$0.7213 or US$1=C$1.3863. On the U.S. Dollar Index, the greenback […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Election Day morning. As of 8:35 am CDT, the loonie was at US$0.7217 or US$1=C$1.3860 compared to Friday’s close of US$0.7213 or US$1=C$1.3863. On the index, the greenback added 0.141 points at 99.395. As Canadians head to the polls today, U.S. […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer on Friday. The Canadian dollar settled at US$0.7213 or US$1=C$1.3863, which compares with Thursday’s close of US$0.7209 or US$1=C$1.3872. Canadian retail sales decreased by 0.4 per cent in February to C$69.3 billion, reported Statistics Canada. However, core retail sales were up 0.5 per cent […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer relative to its United States counterpart Friday morning. At 9:17 a.m. CDT the Canadian dollar was trading at US$0.7215 or US$1=C$1.3860 which compares with Thursday’s close of US$0.7209 or US$1=C$1.3872. Canadian retail sales decreased by 0.4 per cent in February to C$69.3 billion, reported […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was firmer on Thursday, as broad strength in global equity markets lent some support. The Canadian dollar was trading at US$0.7222 or US$1=C$1.3847 late Thursday, which compares with Wednesday’s close of US$0.7209 or US$1=C$1.3871. Canada’s economy saw muted growth in the first three months of the year, […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding steady relative to its United States counterpart Thursday morning. At 9:17 a.m. CDT the Canadian dollar was trading at US$0.7214 or US$1=C$1.3862 which compares with Wednesday’s close of US$0.7209 or US$1=C$1.3871. Canada’s economy saw muted growth in the first three months of the year, according […] Read more