Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar made a slight decline to end the week. The loonie was at US$0.7245 or US$1=C$1.3802, compared to US$0.7252 or US$1=C$1.3789 on Thursday. The United States Dollar Index was down 0.36 of a point at 103.47. Crude oil recorded its biggest weekly loss in more than a year, partly due […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer relative to its United States counterpart Friday morning. Positioning ahead of next week’s interest rate announcement from the Bank of Canada was a feature, with many investors now anticipating a 50-basis-point cut to the central bank’s overnight rate. At 8:52 a.m. CDT the Canadian dollar […] Read more

The Canadian dollar made a slight retreat on Thursday. The loonie was at US$0.7252 or US$1=C$1.3789, compared to US$0.7262 or US$1=C$1.3771 on Wednesday. The United States Dollar Index was up 0.21 of a point at 103.80. Crude oil made small gains after a drop in U.S. stockpiles and ongoing tensions in the Middle East. West […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7252 or US$1=C$1.3789, which compares with Wednesday’s close of US$0.7262 or US$1=C$1.3771. Canadian investors increased their holdings of foreign securities by C$12.3 billion in August while […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar stepped up on Wednesday. The loonie was at US$0.7262 or US$1=C$1.3771, compared to US$0.7244 or US$1=C$1.3805 on Tuesday. The United States Dollar Index was up 0.30 of a point at 103.56. Crude oil was mixed one day after Israel said it will not attack Iranian crude oil facilities. […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was firmer Wednesday morning, finding some support after declining relative to its United States counterpart for the past two weeks. At 9:27 a.m. CDT the Canadian dollar was trading at US$0.7257 or US$1=C$1.3780, which compares with Tuesday’s close of US$0.7244 or US$1=C$1.3805. Canadian manufacturing sales decreased by […] Read more

The Canadian dollar took a step back coming out of the Thanksgiving Day weekend. The loonie was at US$0.7244 or US$1=C$1.3805, compared to US$0.7267 or US$1=C$1.3761 on Friday. Statistics Canada reported today the country’s inflation rate declined to 1.6 per cent, its lowest level in more than three years. The Bank of Canada was closed […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as losses in crude oil and soft inflation data weighed on the currency. At 9:05 a.m. CDT the Canadian dollar was trading at US$0.7241 or US$1=C$1.3810, which compares with Friday’s close of US$0.7267 or US$1=C$1.3761. Canadian markets were closed Monday for Thanksgiving. Canada’s […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar held steady on Friday, while the TSX hit a record high. The Canadian dollar settled at US$0.7267 or US$1=C$1.3761 on Friday, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3754. Canada added 47,000 jobs in September, with the unemployment rate dipping by 0.1 points at 6.5 per […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost about a third of a cent on Thursday, despite spikes in crude oil prices while the United States dollar moved very little. The loonie closed at US$0.7271 or US$1=C$1.3754, compared to Wednesday’s finish of US$0.7305 or US$1=C$1.3690. On the U.S. Dollar Index, […] Read more