Currency Markets

Glacier FarmMedia – The Canadian dollar remained steady on Friday despite positive economic news from Statistics Canada.      The loonie was at US$0.7144 or US$1=C$1.3998 as of 8:32 a.m. CDT, compared to Thursday’s close at US$0.7143 or US$1=C$1.4000. StatCan reported the country added 60,400 jobs in September and the unemployment rate remained at 7.1 per […] Read more

Glacier FarmMedia – The Canadian dollar dipped on Thursday to its lowest close in six months after a week of staying rangebound.      The loonie closed at US$0.7143 or US$1=C$1.4000, compared to US$0.7167 or US$1=C$1.3952 on Wednesday. A stronger United States dollar and lower crude oil prices pressured the loonie.      The U.S. Dollar Index […] Read more

Glacier FarmMedia– The Canadian dollar continued to show little movement on Thursday.      The loonie was at US$0.7165 or US$1=C$1.3957 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7167 or US$1=C$1.3952.      The United States Dollar Index was up 0.06 of a point at 98.97.      Crude oil prices added onto their recent […] Read more

Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday.       The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal.       The United States Dollar Index was […] Read more

Glacier FarmMedia – The Canadian dollar moved slightly upwards on Wednesday morning.      The loonie was at US$0.7175 or US$1=C$1.3937 as of 8:33 a.m. CDT, compared to Tuesday’s close at US$0.7168 or US$1=C$1.3951.      The United States Dollar Index continued to strengthen, rising 0.27 of a point at 98.85. The index hasn’t reached 99 points […] Read more

Glacier FarmMedia — The Canadian dollar did not move very much on Tuesday.      The loonie closed at US$0.7168 or US$1=C$1.3951, compared to US$0.7166 or US$1=C$1.3955 on Monday. Earlier today, Canadian Prime Minister Mark Carney and United States President Donald Trump met for trade discussions in the White House.      The United States Dollar Index […] Read more

Glacier FarmMedia – The Canadian dollar showed little movement on Tuesday morning.      The loonie was at US$0.7167 or US$1=C$1.3953 as of 8:32 a.m. CDT, compared to Monday’s close at US$0.7166 or US$1=C$1.3955.      The United States Dollar Index continued to strengthen, rising 0.41 of a point at 98.51.      Crude oil prices were down […] Read more

Glacier FarmMedia – The Canadian dollar stayed relatively steady coming out of the weekend.      The loonie closed at US$0.7166 or US$1=C$1.3955, compared to US$0.7167 or US$1=C$1.3953 on Friday.      The United States Dollar Index was up 0.38 of a point at 98.10.      Crude oil prices were higher after OPEC+ announced a smaller-than-expected output […] Read more

Glacier FarmMedia — The Canadian dollar leaned lower on Monday morning.      The loonie was at US$0.7155 or US$1=C$1.3976 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.7167 or US$1=C$1.3953.      The United States Dollar Index was up 0.57 of a point at 98.29 as the federal government shutdown entered its second week. […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday, finishing the week off its recently-hit four-month lows as gains in crude oil provided support.      The Canadian dollar settled at US$0.7167 or US$1=C$1.3953, which compares with Thursday’s close of US$0.7162 or US$1=C$1.3963.      Canada’s services economy contracted in September, with the S&P Global […] Read more