Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar jumped to its highest point in nearly three weeks on Wednesday, supported by crude oil prices. The loonie closed at US$0.7279 or US$1=C$1.3739, compared to US$0.7250 or US$1=C$1.3794 on Tuesday. However, the United States Dollar Index was up 0.23 of a point at 103.20. Rising tensions in the Middle […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar continued to rise sharply on Wednesday morning. The loonie was at US$0.7280 or US$1=C$1.3736 as of 8:42 a.m. CDT, compared to US$0.7250 or US$1=C$1.3794 on Tuesday. The United States Dollar Index gained 0.19 of a point at 103.16. Tensions in the Middle East allowed crude oil to move upwards […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar rose to its highest point in nearly two weeks on Tuesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7216 or US$1=C$1.3858 on Friday. The Bank of Canada (BoC) did not publish a closing price on Monday due to the Civic Holiday. The United States Dollar Index was […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was gaining ground on Tuesday morning. The loonie was at US$0.7248 or US$1=C$1.3797 as of 9:30 a.m. CDT, compared to US$0.7233 or US$1=C$1.3826 on Friday. The United States Dollar Index gained 0.28 of a point at 102.97. Crude oil prices were higher on Tuesday. Brent crude oil gained US$0.36 […] Read more

The Canadian dollar dipped slightly on Friday to close the week. The loonie closed at US$0.7216 or US$1=C$1.3858, compared to US$0.7222 or US$1=C$1.3846 on Thursday. The United States Dollar Index fell 1.20 points at 103.22. Crude oil prices sank on Friday due to demand concerns despite escalations in the Middle East. West Texas Intermediate (WTI) […] Read more

By Phil Franz-Warkentin        Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Friday morning. At 8:48 a.m. CDT the Canadian dollar was trading at US$0.7220 or US$1=C$1.3850, which compares with Thursday’s close of US$0.7222 or US$1=C$1.3846. Crude oil was weaker in early activity, as a slowdown in jobs growth in the United […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Thursday, as weak economic data out of the United States had investors backing away from riskier assets. The Canadian dollar settled at US$0.7222 or US$1=C$1.3846 on Thursday, which compares with Wednesday’s close of US$0.7242 or US$1=C$1.3809. Crude oil was also weaker, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Thursday morning. At 9:15 a.m. CDT the Canadian dollar was trading at US$0.7235 or US$1=C$1.3822, which compares with Wednesday’s close of US$0.7242 or US$1=C$1.3809. Canadian manufacturing activity slowed in July, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) dipping to […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7342 or US$1=C$1.3809, compared to US$0.7220 or US$1=C$1.3851 on Tuesday. The United States Dollar Index dropped half of a point at 104.05. The U.S. Federal Reserve announced on Wednesday it was leaving its key interest rates unchanged, but suggested […] Read more

The Canadian dollar made a move upwards on Wednesday. The loonie was at US$0.7242 or US$1=C$1.3808 as of 8:34 a.m. CDT, compared to US$0.7220 or US$1=C$1.3851 on Tuesday. The United States Dollar Index weakened 0.55 of a point at 104.00. The U.S. Federal Reserve will announce its latest key interest rate decision later today. Crude […] Read more