Currency Markets

The Canadian dollar took a step back coming out of the Thanksgiving Day weekend. The loonie was at US$0.7244 or US$1=C$1.3805, compared to US$0.7267 or US$1=C$1.3761 on Friday. Statistics Canada reported today the country’s inflation rate declined to 1.6 per cent, its lowest level in more than three years. The Bank of Canada was closed […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as losses in crude oil and soft inflation data weighed on the currency. At 9:05 a.m. CDT the Canadian dollar was trading at US$0.7241 or US$1=C$1.3810, which compares with Friday’s close of US$0.7267 or US$1=C$1.3761. Canadian markets were closed Monday for Thanksgiving. Canada’s […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar held steady on Friday, while the TSX hit a record high. The Canadian dollar settled at US$0.7267 or US$1=C$1.3761 on Friday, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3754. Canada added 47,000 jobs in September, with the unemployment rate dipping by 0.1 points at 6.5 per […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost about a third of a cent on Thursday, despite spikes in crude oil prices while the United States dollar moved very little. The loonie closed at US$0.7271 or US$1=C$1.3754, compared to Wednesday’s finish of US$0.7305 or US$1=C$1.3690. On the U.S. Dollar Index, […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Thursday morning, losing ground relative to its United States counterpart for the seventh session in a row. At 9:23 a.m. CDT the Canadian dollar was trading at US$0.7265 or US$1=C$1.3765, which compares with Wednesday’s close of US$0.7305 or US$1=C$1.3690. The annual rate of inflation in […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar kept to its downward trend on Wednesday, pressured by increases in its United States counterpart and by lower crude oil prices. The loonie closed at US$0.7305 or US$1=C$1.3690, compared to Tuesday’s finish of US$0.7322 or US$1=C$1.3657. On the U.S. Dollar Index, the greenback […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as losses in crude oil weighed on the currency. The United States Federal Reserve will release the minutes of its last meeting later in the day. Market participants will be watching the minutes closely for hints on the Fed’s future interest rate adjustments. […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its downward slide on Tuesday, as the energy-linked currency was pressured by sharp declines in crude oil. The loonie closed at US$0.7322 or US$1=C$1.3657, compared to Monday’s finish of US$0.7348 or US$1=C$1.3609. On the U.S. Dollar Index, the greenback shed 0.061 of […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, with losses in crude oil accounting for some of the selling pressure in the energy-linked currency. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657, which compares with Monday’s close of US$0.7348 or US$1=C$1.3609. Crude […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed more ground on Monday, as its United States counterpart was relatively steady and despite sharp upticks in crude oil. The loonie closed at US$0.7348 or US$1=C$1.3609, compared to Friday’s finish of US$0.7365 or US$1=C$1.3577. On the U.S. Dollar Index, the greenback dipped […] Read more