Currency Markets

The Canadian dollar made a move upwards on Wednesday. The loonie was at US$0.7242 or US$1=C$1.3808 as of 8:34 a.m. CDT, compared to US$0.7220 or US$1=C$1.3851 on Tuesday. The United States Dollar Index weakened 0.55 of a point at 104.00. The U.S. Federal Reserve will announce its latest key interest rate decision later today. Crude […] Read more

The Canadian dollar held steady on Tuesday, with currency traders showing a reluctance to push values too far one way or the other ahead of Wednesday’s interest rate announcement from the United States Federal Reserve. The Canadian dollar settled at US$0.7220 or US$1=C$1.3851 on Tuesday, which compares with Monday’s close of US$0.7219 or US$1=C$1.3852. General […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Tuesday morning as currency traders await the latest interest rate announcement from the United States Federal Reserve on Wednesday. At 9:10 a.m. CDT the Canadian dollar was trading at US$0.7217 or US$1=C$1.3856, which compares with Monday’s close of US$0.7219 or US$1=C$1.3852. General […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was softer on Monday, as currency traders await the latest interest rate announcement from the United States Federal Reserve on Wednesday. The Canadian dollar was trading at US$0.7219 or US$1=C$1.3852 late Monday, which compares with Friday’s close of US$0.7231 or US$1=C$1.3830. General expectations are […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Monday morning as currency traders await the latest interest rate announcement from the United States Federal Reserve on Wednesday. At 9:11 a.m. CDT the Canadian dollar was trading at US$0.7221 or US$1=C$1.3848, which compares with Friday’s close of US$0.7231 or US$1=C$1.3830. General expectations […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased a pinch lower on Friday, as crude oil’s losses increased. The loonie closed at US$0.7231 or US$1=C$1.3830, compared to Thursday’s finish of US$0.7236 or US$1=C$1.3819. On the U.S. Dollar Index, the greenback dipped 0.048 of a point at 104.060. Benchmark crude oil prices […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Friday morning after the loonie pulled back following the Bank of Canada’s rate cut earlier this week. As of 8:37 am CDT, the loonie was at US$0.7238 or US$1=C$1.3817 compared to Thursday’s close of US$0.7236 or US$1=C$1.3819. On the United […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar continued to slip back on Thursday, following the Bank of Canada’s decision to cut its key lending rate. The loonie closed at US$0.7236 or US$1=C$1.3819, compared to Wednesday’s finish of US$0.7250 or US$1=C$1.3794. On the U.S. Dollar Index, the greenback nudged up 0.013 of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Thursday morning as yesterday’s Bank of Canada rate cut still weighed on values. As of 8:35 am CDT, the loonie was at US$0.7234 or US$1=C$1.3821 compared to Wednesday’s close of US$0.7250 or US$1=C$1.3794. On the United States Dollar Index, the greenback […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar slipped lower on Wednesday, following this morning’s interest rate announcement from the Bank of Canada. The BoC cut 25 basis points from its key lending rate, dropping it to 4.5 per cent. It’s the second consecutive reduction the central bank has implemented this year. […] Read more