Currency Markets

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

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost more than a quarter of a cent on Thursday, as its United States counterpart continued to rally while sharp increases in crude oil could only temper the loonie’s decline. The Canadian dollar closed at US$0.7386 or US$1=C$1.3540, compared to Wednesday’s finish of […] Read more

By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar increased slightly on Wednesday, pushed upward by rising crude oil prices as a stronger United States dollar limited those gains. The loonie closed at US$0.7412 or US$1=C$1.3491, compared to Tuesday’s finish of US$0.7405 or US$1=C$1.3504. On the U.S. Dollar Index, the greenback advanced 0.414 of […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Wednesday morning, due to another sharp upswing in crude oil. As of 8:35 am CDT, the loonie was at US$0.7411 or US$1=C$1.3490 compared to Tuesday’s close of US$0.7405 or US$1=C$1.3504. On the U.S. Dollar Index, the greenback gained 0.289 of a point […] Read more

By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar was relatively steady on Tuesday, as increases in its United States counterpart and sharp upticks in crude oil virtually balanced off each other. The loonie closed at US$0.7405 or US$1=C$1.3504, compared to Friday’s finish of US$0.7408 or US$1=C$1.3499. On the U.S. Dollar Index, the greenback […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar dipped Tuesday morning, as business resumed in all parts of the country after some provinces observed the National Day for Truth and Reconciliation. As of 8:34 am CDT, the loonie was at US$0.7400 or US$1=C$1.3512 compared to Friday’s close of US$0.7408 or US$1=C$1.3499. On the […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar declined on Friday, but remained above the 74 United States cent mark. The loonie was at US$0.7408 or US$1=C$1.3499, compared to US$0.7422 or US$1=C$1.3474 on Thursday. Statistics Canada reported today the country’s real gross domestic product grew by 0.2 per cent in July, while also giving a preliminary […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was unchanged on Friday morning. The loonie was at US$0.7422 or US$1=C$1.3473 as of 8:31 a.m. CDT, the same as the Bank of Canada closing rate on Thursday. Statistics Canada (StatCan) reported today that Canada’s real gross domestic product grew by 0.2 per cent in July. The retail trade […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar slipped a little on Thursday. The loonie was at US$0.7422 or US$1=C$1.3474, compared to US$0.7428 or US$1=C$1.3462 on Wednesday. The United States Dollar Index declined 0.34 of a point at 100.57. Crude oil fell once again on Thursday after Saudi Arabia announced it will increase output and abandon its […] Read more

The Canadian dollar eased off slightly Thursday morning. The loonie was at US$0.7423 or US$1=C$1.3472 as of 8:34 a.m. CDT, compared to US$0.7428 or US$1=C$1.3462 on Wednesday. The United States Dollar Index was virtually unchanged at 100.90. Crude oil continued its roller coaster of a week after Saudi Arabia announced today it plans on raising […] Read more