Currency Markets

Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated on Friday morning after the release of economic data from Statistics Canada. The loonie was at US$0.6960 or US$1=C$1.4369 as of 8:35 a.m. CDT, compared to Thursday’s close at US$0.6970 or US$1=C$1.4347. StatCan reported today that retail sales dropped 0.6 per cent at C$69.4 billion in […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar showed some weakness on Thursday as strength in its United States counterpart exceeded the support from gains in crude oil. The loonie ended the day at US$0.6970 or US$1=C$1.4347, compared to US$0.6980 or US$1=C$1.4326 on Wednesday. The United States Dollar Index improved 0.42 of a point at […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning as the United States dollar strengthened. The loonie was at US$0.6945 or US$1=C$1.4399 as of 8:35 a.m. CDT, compared to Wednesday’s close at US$0.6980 or US$1=C$1.4326. The U.S. Dollar Index was up 0.60 of a point at 104.03. The U.S. Federal Reserve announced on […] Read more

The Canadian dollar took a step back on Wednesday. The loonie ended the day at US$0.6980 or US$1=C$1.4326, compared to US$0.6993 or US$1=C$1.4301 on Tuesday. The United States Dollar Index gained 0.28 of a point at 103.53. The U.S. Federal Reserve announced earlier in the day that while it was leaving its key interest rates […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated away from the 70 United States cent mark on Wednesday. The loonie was at US$0.6985 or US$1=C$1.4316 as of 8:36 a.m. CDT, compared to Tuesday’s close at US$0.6993 or US$1=C$1.4301. The U.S. Dollar Index was up 0.37 of a point at 103.61. The U.S. Federal Reserve […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively unchanged on Tuesday after Statistics Canada released new economic data. The loonie ended the day at US$0.6993 or US$1=C$1.4301, compared to US$0.6991 or US$1=C$1.4304 on Monday. StatCan reported Canada’s inflation rate jumped to 2.6 per cent in February, the same month the federal government’s temporary tax […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar made its way closer to the 70 United States cent mark after the release of new economic news. The loonie was at US$0.6998 or US$1=C$1.4290 as of 8:49 a.m. CDT, compared to Monday’s close at US$0.6991 or US$1=C$1.4304. Statistics Canada reported today that the annual rate of […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar attained its highest close in nearly three weeks on Monday. The loonie ended the day at US$0.6991 or US$1=C$1.4304, compared to US$0.6950 or US$1=C$1.4388 on Friday. The United States Dollar Index declined 0.33 of a point at 103.39. The U.S. Commerce Department reported February retail sales did not […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise coming out of the weekend. The loonie was at US$0.6973 or US$1=C$1.4341 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.6950 or US$1=C$1.4388. The United States Dollar Index was down 0.21 of a point at 103.50. February retail sales in the […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar made up some ground on Friday, the first day of a new era in Canadian politics. The loonie ended the day at US$0.6950 or US$1=C$1.4388, compared to US$0.6940 or US$1=C$1.4409 on Thursday. Mark Carney was sworn in as Canada’s 24th Prime Minister, as well as his cabinet, […] Read more