Currency Markets

Canadian Financial Close: Powell’s comments generates more strength for loonie By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was stronger on Friday due to a sharp loss in the United States dollar and increases in crude oil. The loonie closed at US$0.7392 or US$1=C$1.3529, compared to Thursday’s finish of US$0.7352 or US$1=C$1.3602. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar turned around on Friday morning resuming its upward trajectory, benefitting from a dip in its United States counterpart and upticks in crude oil. As of 8:40 am CDT, the loonie was at US$0.7364 or US$1=C$1.3579 compared to Thursday’s close of US$0.7352 or US$1=C$1.3602. On […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar’s rise stalled on Thursday, as its United States counterpart regained some of the ground it has recently given up. The loonie closed at US$0.7352 or US$1=C$1.3602, compared to Wednesday’s finish of US$0.7357 or US$1=C$1.3592. On the U.S. Dollar Index, the greenback advanced 0.495 of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Thursday morning in a balancing off between upticks in the United States dollar and slight gains in crude oil. As of 8:36 am CDT, the loonie was at US$0.7353 or US$1=C$1.3596 compared to Wednesday’s close of US$0.7357 or US$1=C$1.3592. On […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar rose by almost two-tenths of a cent on Wednesday, as it continued to benefit from the declines in its United States counterpart. The loonie closed at US$0.7357 or US$1=C$1.3592, compared to Tuesday’s finish of US$0.7338 or US$1=C$1.3627. On the U.S. Dollar Index, the greenback […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Wednesday morning as there were small declines in the United States dollar. As of 8:35 am CDT, the loonie was at US$0.7354 or US$1=C$1.3599 compared to Tuesday’s close of US$0.7338 or US$1=C$1.3627. On the U.S. Dollar Index, the greenback shed 0.019 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pushed a bit higher on Tuesday, due to continued weakness in the United States dollar. However, upticks in the former were limited by losses in crude oil. The loonie closed at US$0.7338 or US$1=C$1.3627, compared to Monday’s finish of US$0.7325 or US$1=C$1.3651. On the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged higher on Tuesday morning as its United States counterpart pushed lower and despite another round of declines in crude oil. As of 8:35 am CDT, the loonie was at US$0.7340 or US$1=C$1.3624 compared to Monday’s close of US$0.7325 or US$1=C$1.3651. On the U.S. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was stronger on Monday, as its United States counterpart fell back and despite significant losses in crude oil. The loonie closed at US$0.7325 or US$1=C$1.3651, compared to Friday’s finish of US$0.7296 or US$1=C$1.3707. On the U.S. Dollar Index, the greenback dropped 0.582 of a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar nudged up on Monday morning as its United States counterpart pulled back. As of 8:37 am CDT, the loonie was at US$0.7318 or US$1=C$1.3668 compared to Friday’s close of US$0.7296 or US$1=C$1.3707. On the United States Dollar Index, the greenback lost 0.222 of a […] Read more