Currency Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was somewhat higher on Wednesday morning, but with further gains limited by declines in crude oil. As of 8:36 am CDT, the loonie was at US$0.7248 or US$1=C$1.3795 compared to Tuesday’s close of US$0.7235 or C$1.3821. On the United States Dollar Index, the greenback […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar lost three-tenths of a cent on Tuesday, getting some pressure from the United States dollar and virtually no direction from global crude oil prices. While the Bank of Canada closed the dollar at its usual time, it was in the midst of Minister of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower Tuesday morning, ahead of today’s federal budget to be presented by Finance Minister Chrystia Freeland in the House of Commons at 3 pm CDT. As of 8:36 am CDT, the loonie was at US$0.7231 or US$1=C$1.3823 compared to Monday’s close of US$0.7265 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Monday, as small shifts in the United States dollar and crude oil prices countered each other. The loonie closed at US$0.7265 or US$1=C$1.3764, compared to Friday’s finish of US$0.7264 or US$1=C$1.3766. On the United States Dollar Index, the greenback tacked […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged up on Monday morning, as its United States counterpart moved lower. As of 8:36 am CDT, the loonie was at US$0.7281 or US$1=C$1.3735 compared to Friday’s close of US$0.7264 or C$1.3766. On the U.S. Dollar Index, the greenback dipped 0.017 of a point […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar continued its freefall on Friday, tumbling below the 73 United States cent mark. The loonie closed at US$0.7264 or US$1=C$1.3766, compared to US$0.7304 or US$1=C$1.3692 on Thursday. In one week, the Canadian dollar lost 0.90 of a U.S. cent. The U.S. Dollar Index rose 0.75 of a point […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar extended its recent slide on Friday morning, dropping below the 73 United States cent mark. The loonie was at US$0.7266 or US$1=C$1.3763 as of 8:31 a.m. CDT, compared to US$0.7304 or US$1=C$1.3692 on Thursday. The U.S. Dollar Index jumped 0.72 of a point at 106.00, its highest level since […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar dropped yet again on Thursday which is now struggling to stay above the 73 United States cent mark. The loonie closed at US$0.7304 or US$1=C$1.3692, compared to US$0.7315 or US$1=C$1.3671 on Wednesday. The U.S. Dollar Index added 0.02 of a point at 105.27, but surpassed the 105.50 mark earlier […] Read more

  Glacier FarmMedia MarketsFarm – The Canadian dollar remained under pressure Thursday morning after Wednesday’s sharp drop. The loonie was at US$0.7311 or US$1=C$1.3678 as of 8:37 a.m. CDT, compared to US$0.7315 or US$1=C$1.3571 on Wednesday. On that day, the BoC said it will leave its key interest rate unchanged at five per cent. However, […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar fell to its lowest point since last November on Wednesday after the Bank of Canada (BoC) made its interest rate announcement. The loonie closed at US$0.7315 or US$1=C$1.3671, compared to US$0.7365 or US$1=C$1.3578 on Tuesday. The BoC left its key rate at five per cent, and observers believe the […] Read more