Currency Markets

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell on Monday, less than 24 hours before tariffs on goods coming from and going to the United States are enacted. The loonie closed at US$0.6848 or US$1=C$1.4603, down from US$0.6904 or US$1=C$1.4484 on Friday. The U.S. Dollar Index was up 0.52 of a point at 108.89. […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was down hard on Monday morning as tariffs from the United States on Canadian and Mexican imports, as well as retaliatory tariffs go into effect tomorrow. The loonie was at US$0.6817 or US$1=C$1.4669 as of 8:31 a.m. CST, compared to Friday’s close at US$0.6904 or US$1=C$1.4484. The United […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dropped about a third of a cent on Friday, ahead of United States President Donald Trump slapping 25 per cent tariffs on all imports of goods from Canadian and Mexico, effective Feb. 1. Earlier in the day there were reports of the Trump […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Friday morning as the 25 per cent tariffs United States President Donald Trump has threatened on Canada are set to take effect tomorrow. As of 8:37 am CST, the loonie was at US$0.6882 or US$1=C$1.4527 compared to Thursday’s close of US$0.6938 or […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar nudged up a tenth of a cent on Thursday due to gains in crude oil. The loonie closed on Thursday at US$0.6938 or US$1=C$1.4414, compared to Wednesday’s finish of US$0.6928 or US$1=C$1.4435. On the U.S. Dollar Index, the greenback tacked on 0.031 of […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar tacked about a tenth of a cent on Thursday morning as the United States dollar stepped back and crude oil inched upward. As of 8:38 am CST, the loonie was at US$0.6939 or US$1=C$1.4404 compared to Wednesday’s close of US$0.6928 or US$1=C$1.4439. On the United […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back by nearly two-tenths of a cent on Wednesday, following interest rate announcements by the Bank of Canada and the United States Federal Reserve. The loonie closed on Wednesday at US$0.6928 or US$1=C$1.4435, compared to Tuesday’s finish of US$0.6947 or US$1=C$1.4394. On […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Wednesday morning after the Bank of Canada made its latest interest rate announcement. As of 8:54 am CST, the loonie was at US$0.6928 or US$1=C$1.4439 compared to Tuesday’s close of US$0.6947 or US$1=C$1.4394. On the United States Dollar Index, the greenback added […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday due to pressure from a stronger United States dollar. However, increases in crude oil and positioning ahead of two interest rate announcements tempered the losses. The loonie closed on Tuesday at US$0.6947 or US$1=C$1.4394, compared to Monday’s finish of US$0.6954 […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Tuesday morning as a stronger United States dollar was countered by higher crude oil prices. As of 8:45 am CST, the loonie was at US$0.6957 or US$1=C$1.4378 compared to Monday’s close of US$0.6954 or US$1=C$1.4381. On the U.S. Dollar Index, the […] Read more