Currency Markets

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

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Thursday morning, losing ground relative to its United States counterpart for the seventh session in a row. At 9:23 a.m. CDT the Canadian dollar was trading at US$0.7265 or US$1=C$1.3765, which compares with Wednesday’s close of US$0.7305 or US$1=C$1.3690. The annual rate of inflation in […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar kept to its downward trend on Wednesday, pressured by increases in its United States counterpart and by lower crude oil prices. The loonie closed at US$0.7305 or US$1=C$1.3690, compared to Tuesday’s finish of US$0.7322 or US$1=C$1.3657. On the U.S. Dollar Index, the greenback […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as losses in crude oil weighed on the currency. The United States Federal Reserve will release the minutes of its last meeting later in the day. Market participants will be watching the minutes closely for hints on the Fed’s future interest rate adjustments. […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its downward slide on Tuesday, as the energy-linked currency was pressured by sharp declines in crude oil. The loonie closed at US$0.7322 or US$1=C$1.3657, compared to Monday’s finish of US$0.7348 or US$1=C$1.3609. On the U.S. Dollar Index, the greenback shed 0.061 of […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, with losses in crude oil accounting for some of the selling pressure in the energy-linked currency. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657, which compares with Monday’s close of US$0.7348 or US$1=C$1.3609. Crude […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed more ground on Monday, as its United States counterpart was relatively steady and despite sharp upticks in crude oil. The loonie closed at US$0.7348 or US$1=C$1.3609, compared to Friday’s finish of US$0.7365 or US$1=C$1.3577. On the U.S. Dollar Index, the greenback dipped […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The Canadian dollar was softer Monday morning, with broad strength in the United States dollar internationally behind some of the relative weakness. At 9:55 a.m. CDT the Canadian dollar was trading at US$0.7350 or US$1=C$1.3605, which compares with Friday’s close of US$0.7365 or US$1=C$1.3577. Gains in […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gave up more than two-tenths of a cent on Friday, as its United States counterpart pushed upward. The Canadian dollar closed at US$0.7365 or US$1=C$1.3577, compared to Thursday’s finish of US$0.7386 or US$1=C$1.3540. On the U.S. Dollar Index, the greenback climbed 0.480 of […] Read more

The Canadian dollar was weaker Friday morning, as financial markets reacted to the latest jobs data out of the United States. At 9:40 a.m. CDT the Canadian dollar was trading at US$0.7363 or US$1=C$1.3581, which compares with Thursday’s close of US$0.7386 or US$1=C$1.3540. The U.S. economy added 254,000 jobs in September, far surpassing average trade […] Read more