Currency Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar stepped back on Monday morning lacking sufficient support from crude oil. As of 8:44 am CDT, the loonie was at US$0.7268 or US$1=C$1.3758 compared to Friday’s close of US$0.7285 or US$1=C$1.3727. On the U.S. Dollar Index, the greenback dipped 0.072 of a point at […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar dropped below the 73 United States cent mark to close the week. The loonie closed at US$0.7285 or US$1=C$1.3727, compared to US$0.7301 or US$1=C$1.3696 on Thursday. Statistics Canada reported on Friday retail sales were down 0.8 per cent in May, while estimating a 0.3 per cent decline in June. […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar dipped below the 73 United States cent mark on Friday morning. The loonie was at US$0.7278 or US$1=C$1.3740 as of 8:37 a.m. CDT, compared to US$0.7301 or US$1=C$1.3696 on Thursday. The United States Dollar Index gained 0.14 of a point at 104.31. Crude oil prices were lower despite the […] Read more

  Glacier FarmMedia MarketsFarm – The Canadian dollar barely hung onto the 73 United States cent mark. The loonie closed at US$0.7301 or US$1=C$1.3696, compared to US$0.7307 or US$1=C$1.3686 on Wednesday. The U.S. Dollar Index was up 0.44 of a point at 104.18. Crude oil prices underwent a correction on Thursday, paring some of Wednesday’s increases. […] Read more

The Canadian dollar was steady on Thursday. The loonie was at US$0.7308 or US$1=C$1.3684 as of 8:32 a.m. CDT, compared to US$0.7307 or US$1=C$1.3686 on Wednesday. The United States Dollar Index gained 0.15 of a point at 103.90. Crude oil prices underwent a small correction after Wednesday’s increases. Brent crude oil was down US$0.13 at […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was unchanged on Wednesday despite a weaker United States dollar and higher crude oil prices. The loonie closed at US$0.7307 or US$1=C$1.3686. The U.S. Dollar Index declined 0.50 of a point at 103.77 due to a sharp rally in the Japanese yen. Crude oil prices were higher because […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar regained some strength on Wednesday. The loonie was at US$0.7314 or US$1=C$1.3672 as of 8:58 a.m. CDT, compared to US$0.7307 or US$1=C$1.3686 on Tuesday. The United States Dollar Index lost 0.60 of a point at 103.67 due to a sharp rally in the Japanese yen. Crude oil prices rebounded […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar showed some weakness on Tuesday. The loonie was at US$0.7309 or US$1=C$1.3682 as of 8:35 a.m. CDT, compared to US$0.7319 or US$1=C$1.3664 on Monday. Statistics Canada reported on Tuesday that the country’s annual inflation rate fell to 2.7 per cent in June, mainly due to slower growth in gasoline […] Read more

The Canadian dollar took a small drop on Monday. The loonie closed at US$0.7319 or US$1=C$1.3664, compared to US$0.7338 or US$1=C$1.3628 on Friday. The United States Dollar Index increased 0.11 of a point at 104.20. Crude oil prices were lower as demand weakened after the Independence Day holiday in the U.S., as well as the […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Monday morning amid general global economic uncertainty. At 8:45 a.m. CDT the Canadian dollar was trading at US$0.7319 or US$1=C$1.3663, which compares with Friday’s close of US$0.7338 or US$1=C$1.3628. Canadian manufacturing sales rose by 0.4 per cent in May, hitting C$71.4 billion, according […] Read more