Currency Markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Monday, as support from gains in energy markets was countered by uncertainty over looming interest rate cuts from the Bank of Canada. The Canadian dollar settled at US$0.7368 or US$1=C$1.3572 on Tuesday, which compares with Monday’s close of US$0.7367 or US$1=C$1.3574. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Tuesday morning, as support from gains in crude oil was countered by pressure from losses in equity markets. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7365 or US$1=C$1.3578, which compares with Monday’s close of US$0.7367 or US$1=C$1.3574. Crude oil […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer on Monday as activity resumed after the long weekend. The Canadian dollar settled at US$0.7367 or US$1=C$1.3574 on Monday, which compares with Thursday’s close of US$0.7380 or US$1=C$1.3550. The Bank of Canada’s quarterly business outlook survey showed fewer companies expecting a recession […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Monday morning lacking any clear direction. Many government offices were closed for Easter Monday. At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7376 or US$1=C$1.3557, which compares with Thursday’s close of US$0.7380 or US$1=C$1.3550. Crude oil was also trading within […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed higher Friday, fueled by upticks in global crude oil prices and a positive economic report from Statistics Canada. The loonie closed at US$0.7380 or US$1=C$1.3550, compared to Wednesday’s finish of US$0.7360 or US$1=C$1.3587. On the United States Dollar Index, the greenback gained 0.231 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was slightly higher on Thursday morning, getting strength from increases in global crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7369 or US$1=C$1.3570 compared to Wednesday’s close of US$0.7360 or C$1.3587. On the U.S. Dollar Index, the greenback tacked on […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar dipped on Wednesday, simply not finding sufficient strength to climb higher. The Canadian dollar closed at US$0.7360 or US$1=C$1.3587, compared to Tuesday’s finish of US$0.7368 or US$1=C$1.3572. On the United States Dollar Index, the greenback was relatively steady at 104.010 points. Benchmark crude oil […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell back on Wednesday morning, due to an uptick in the United States dollar and small losses in crude oil prices. As of 8:35 am CDT, the loonie was at US$0.7354 or US$1=C$1.3598 compared to Tuesday’s close of US$0.7368 or C$1.3572. On the U.S. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed a pinch higher on Tuesday. The Canadian dollar closed at US$0.7368 or US$1=C$1.3572, compared to Monday’s finish of US$0.7362 or US$1=C$1.3583. On the United States Dollar Index, the greenback tacked on 0.086 of a point at 104.020. Benchmark crude oil prices eased back […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was slightly higher on Tuesday morning, due to small adjustments in the United States dollar and global crude oil prices. As of 8:42 am CDT, the loonie was at US$0.7372 or US$1=C$1.3565 compared to Monday’s close of US$0.7362 or C$1.3583. On the U.S. Dollar […] Read more