Currency Markets

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

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Thursday, as losses in crude oil and a reduced appetite for risk in global equity markets weighed on the currency. The Canadian dollar settled at US$0.7298 or US$1=C$1.3702 on Thursday, which compares with Wednesday’s close of US$0.7313 or US$1=C$1.3674. An estimated 470,000 […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding relatively steady Thursday morning. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7315 or US$1=C$1.3671, which compares with Wednesday’s close of US$0.7313 or US$1=C$1.3674. An estimated 470,000 Canadians received regular employment insurance benefits in March, which was up by only […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Wednesday, as losses in crude oil and uncertainty over monetary policy in the United States weighed on the currency. The Canadian dollar settled at US$0.7313 or US$1=C$1.3674 on Wednesday, which compares with Tuesday’s close of US$0.7327 or US$1=C$1.3649. Crude oil was pressured […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly weaker Wednesday morning as losses in crude oil weighed on the energy-linked currency. The United States Federals Open Market Committee will release the minutes of its May meeting later in the day, which should provide some insight on the U.S. Federal Reserve’s monetary […] Read more