Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar moved very little on Friday morning. The loonie was at US$0.7342 or US$1=C$1.3620 as of 8:36 a.m. CDT, compared to US$0.7340 or US$1=C$1.3624 on Thursday. The United States Dollar Index declined 0.26 of a point at 104.18. Crude oil prices were higher on signs of increased demand and speculation […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar stayed still for the most part on Thursday. The loonie closed at US$0.7340 or US$1=C$1.3624, compared to US$0.7342 or US$1=C$1.3620 on Wednesday. The United States Dollar Index dropped 0.59 of a point at 104.46. Inflation in the U.S. dropped to an annualized rate three per cent in June from […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was on the rise on Thursday. The loonie was at US$0.7351 or US$1=C$1.3604 as of 8:30 a.m. CDT, compared to US$0.7342 or US$1=C$1.3620 on Wednesday. The United States Dollar Index fell 0.85 of a point at 104.20. Crude oil prices were slightly lower despite a drawdown in United States […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar regained some strength on Wednesday. The loonie closed at US$0.7342 or US$1=C$1.3620, compared to US$0.7332 or US$1=C$1.3638 on Tuesday. The United States Dollar Index was down 0.11 of a point at 105.02. Crude oil prices were higher after a drawdown of United States stockpiles and after OPEC+ maintained […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar made a small gain on Wednesday morning. The loonie was at US$0.7340 or US$1=C$1.3624 as of 8:33 a.m. CDT, compared to US$0.7332 or US$1=C$1.3638 on Tuesday. The United States Dollar Index was down 0.05 of a point at 105.07. Crude oil prices were mixed as a drawdown in United […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Tuesday. The loonie closed at US$0.7332 or US$1=C$1.3638, compared to US$0.7335 or US$1=C$1.3634 on Monday. The United States Dollar Index was up 0.11 of a point at 105.11. U.S. Federal Reserve chair Jerome Powell testified to Congress earlier today with many observers interpreting his […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Tuesday. The loonie was at US$0.7330 or US$1=C$1.3643 as of 8:32 a.m. CDT, compared to US$0.7335 or US$1=C$1.3633 on Monday. The United States Dollar Index was up 0.06 of a point at 105.06. Crude oil prices continued to decline after Hurricane Beryl […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar stayed put on Monday, hovering around month-long highs. The loonie closed at US$0.7335 or US$1=C$1.3634. The United States Dollar Index was up 0.15 of a point at 105.03. Crude oil prices were lower on Monday as the market assesses the effect of Hurricane Beryl, which led ports and refineries […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was steady coming out of the weekend. The loonie was at US$0.7337 or US$1=C$1.3630 as of 8:35 a.m. CDT, compared to US$0.7335 or US$1=C$1.3633 on Friday. The United States Dollar Index was down 0.06 of a point at 104.82. Crude oil prices were lower on Monday after reaching […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was softer on Friday, as currency markets reacted to the latest employment data. The Canadian dollar settled at US$0.7335 or US$1=C$1.3633 on Friday, which compares with Thursday’s close of US$0.7346 or US$1=C$1.3613. Canada’s unemployment rate moved up 0.2 percentage points in June, hitting 6.2 […] Read more