Currency Markets

After a week of declines, the Canadian dollar made its way closer to the 74 United States cent mark on Wednesday. The loonie closed at US$0.7394 or US$1=C$1.3525, compared to US$0.7381 or US$1=C$1.3548 on Tuesday. The Bank of Canada announced earlier today it has cut its key interest rate by another 25 basis points at […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was steady on Wednesday morning. The loonie was at US$0.7381 or US$1=C$1.3548 as of 8:30 a.m. CDT, the same as the Bank of Canada’s closing exchange rate on Tuesday. The United States Dollar Index was down 0.16 of a point at 101.67. Crude oil prices continued to hit […] Read more

The Canadian dollar exited the Labour Day weekend below the 74 United States cent mark. The loonie closed at US$0.7381 or US$1=C$1.3548, compared to US$0.7412 or US$1=C$1.3491 on Friday. The Bank of Canada did not post an exchange rate on Monday due to Labour Day. The United States Dollar Index was up 0.13 of a […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar dropped below the 74 United States cent mark coming out of the Labour Day weekend. The loonie was at US$0.7384 or US$1=C$1.3542 as of 8:34 a.m. CDT, compared to US$0.7412 or US$1=C$1.3491 on Friday. The Bank of Canada did not post an exchange rate on Monday due to […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar entered the Labour Day weekend moving lower on Friday. The loonie closed at US$0.7412 or US$1=C$1.3491, compared to US$0.7422 or US$1=C$1.3474 on Thursday. Markets in Canada and the United States will be closed Monday for the holiday. The United States Dollar Index was up 0.35 of a point […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar eased off on Friday morning as the Labour Day weekend approaches. Markets in Canada and the U.S. will not trade on Monday due to Labour Day. The loonie was at US$0.7412 or US$1=C$1.3492 as of 8:31 a.m. CDT, compared to US$0.7422 or US$1=C$1.3474 on Thursday. The United States Dollar […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar closed virtually unchanged on Thursday, with pressure from gains in the United States dollar and support from increases in crude oil countering each other. The loonie closed at US$0.7422 or US$1=C$1.3474, compared to US$0.7423 or US$1=C$1.3471 on Wednesday. Meanwhile, the United States Dollar Index was up 0.29 of a […] Read more

The Canadian dollar was easing back again on Thursday morning. The loonie was at US$0.7417 or US$1=C$1.3483 as of 8:31 a.m. CDT, compared to US$0.7423 or US$1=C$1.3472 on Wednesday. The United States Dollar Index increased 0.29 of a point at 101.38. U.S. economic growth, fewer stockpiles and a partial halt in Libyan production caused crude […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar saw its first decline in six days on Wednesday. The loonie closed at US$0.7423 or US$1=C$1.3471, compared to US$0.7429 or US$1=C$1.3460 on Tuesday. Meanwhile, the United States Dollar Index was up 0.59 of a point at 101.15. Crude oil prices continued to fade on Wednesday. West Texas Intermediate […] Read more

The Canadian dollar was slightly lower on Wednesday morning after a recent show of strength compared to the United States greenback. The loonie was at US$0.7420 or US$1=C$1.3478 as of 8:47 a.m. CDT, compared to US$0.7429 or US$1=C$1.3460 on Tuesday. The U.S. Dollar Index jumped 0.56 of a point at 101.11. Crude oil prices continued […] Read more