Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar advanced on Friday morning after the release of economic data from Statistics Canada (StatCan). The loonie was at US$0.7332 or US$1=C$1.3639 as of 8:38 a.m. CDT, compared to US$0.7311 or US$1=C$1.3678 on Thursday. StatCan reported the Canadian economy grew by 1.7 per cent in the first quarter of […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar made its way back above 73 United States cents on Thursday. The loonie closed at US$0.7311 or US$1=C$1.3678, compared to US$0.7299 or US$1=C$1.3700 on Wednesday. The United States Dollar Index gained 0.16 of a point at 104.78. Crude oil prices added onto Wednesday’s losses as U.S. stockpiles declined […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was a small step higher on Thursday morning. The loonie was at US$0.7306 or US$1=C$1.3687 as of 8:40 a.m. CDT, compared to US$0.7299 or US$1=C$1.3700 on Wednesday. The United States Dollar Index was up 0.17 of a point at 104.79. Crude oil prices were down as traders look […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar fell just below the 73 United States cent mark on Wednesday. The loonie closed at US$0.7299 or US$1=C$1.3700, compared to US$0.7332 or US$1=C$1.3638 on Tuesday. The United States Dollar Index gained 0.51 of a point at 105.13. Weak U.S. gasoline demand and improved consumer confidence adding onto inflation fears […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar took a blow on Wednesday morning. The loonie was at US$0.7303 or US$1=C$1.3693 as of 8:40 a.m. CDT, compared to US$0.7332 or US$1=C$1.3638 on Tuesday. The United States Dollar Index was up 0.21 of a point at 104.82. Crude oil prices continued to rise due to Middle East […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar inched upwards on Tuesday. The loonie was at US$0.7342 or US$1=C$1.3620 as of 8:33 a.m. CDT, compared to US$0.7334 or US$1=C$1.3636 on Monday. The United States Dollar Index was down 0.23 of a point at 104.37. Crude oil prices made gains due to rising tensions in the Middle […] Read more

The Canadian dollar moved up at the start of the week. The loonie closed at US$0.7334 or US$1=C$1.3636, compared to US$0.7314 or US$1=C$1.3673 on Friday. The United States Dollar Index declined 0.14 of a point at 104.58. Markets in the U.S. will be closed until this evening due to the Memorial Day holiday. Crude oil […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar moved further above the 73 United States cent mark coming out of the weekend. The loonie was at US$0.7333 or US$1=C$1.3637 as of 8:34 a.m. CDT, compared to US$0.7314 or US$1=C$1.3673 on Friday. The U.S. Dollar Index was down 0.05 of a point at 104.68. Markets in the U.S. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Friday, underpinned by gains in crude oil. The Canadian dollar settled at US$0.7314 or US$1=C$1.3673 on Friday, which compares with Thursday’s close of US$0.7298 or US$1=C$1.3702. Retail sales in Canada decreased by 0.2 per cent in March, coming in at C$66.4 billion, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding relatively steady Friday morning. At 8:34 a.m. CDT the Canadian dollar was trading at US$0.7296 or US$1=C$1.3706, which compares with Thursday’s close of US$0.7298 or US$1=C$1.3702. Retail sales in Canada decreased by 0.2 per cent in March, coming in at C$66.4 billion, […] Read more