Currency Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Thursday, despite a higher United States dollar and decreases in crude oil. The Canadian dollar closed at US$0.7369 or US$1=C$1.3570, compared to Wednesday’s finish of US$0.7367 or US$1=C$1.3574. On the U.S. Dollar Index, the greenback tacked on 0.166 of a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Thursday morning, following the Statistics Canada report that the country’s annualized rate of economic growth for the fourth quarter was one per cent. As of 8:37 am CST, the loonie was at US$0.7370 or US$1=C$1.3567 compared to Wednesday’s close of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar lost nearly three-tenths of a cent on Wednesday, as the United States dollar nudged upward while crude oil eased back. The Canadian dollar closed at US$0.7367 or US$1=C$1.3574, compared to Tuesday’s finish of US$0.7396 or US$1=C$1.3521. On the U.S. Dollar Index, the greenback added […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was pulling back on Wednesday morning, getting pressure from gains in the United States dollar. As of 8:37 am CST, the loonie was at US$0.7369 or US$1=C$1.3573 compared to Tuesday’s close of US$0.7396 or C$1.3521. On the U.S. Dollar Index, the greenback added 0.151 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady, as with other markets on Tuesday. The Canadian dollar closed at US$0.7396 or US$1=C$1.3521, compared to Monday’s finish of US$0.7399 or US$1=C$1.3515. On the U.S. Dollar Index, the greenback dipped 0.011 of a point at 103.740. Benchmark crude oil prices were […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was holding firm on Tuesday morning, seeing a very small uptick. As of 8:37 am CST, the loonie was at US$0.7402 or US$1=C$1.3511 compared to Monday’s close of US$0.7399 or C$1.3515. On the U.S. Dollar Index, the greenback was standing pat with a dip […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Monday, despite declines in the United States dollar and upticks in crude oil prices. The Canadian dollar closed at US$0.7399 or US$1=C$1.3515, compared to Friday’s finish of US$0.7411 or US$1=C$1.3494. On the U.S. Dollar Index, the greenback slipped 0.154 of a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar drifted lower on Monday morning, as its United States counterpart and global crude oil prices provided little direction. As of 8:34 am CST, the loonie was at US$0.7398 or US$1=C$1.3514 compared to Friday’s close of US$0.7411 or C$1.3494. On the U.S. Dollar Index, the […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar held within a narrow range on Friday, lacking any clear direction as traders adjusted positions ahead of the weekend amid a lack of fresh news. Gross domestic product data for both the United States and Canada will be released next week. The Canadian dollar settled […] Read more

By Phil Franz-Warkentin     Glacier FarmMedia MarketsFarm – The Canadian dollar was holding onto small gains relative to its United States counterpart Friday morning, in choppy pre-weekend trade. The Bank of Canada releases its next interest rate decision on Feb. 29, and currency traders will be following the announcement closely for hints on the […] Read more