Currency Markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar drifted lower on Monday morning, getting little direction from the United States dollar or crude oil. As of 8:39 am CST, the loonie was at US$0.7092 or US$1=C$1.4101 compared to Friday’s close of US$0.7102 or US$1=C$1.4109. On the U.S. Dollar Index, the greenback was […] Read more

Glacier FarmMedia – The Canadian dollar ended the week by dipping below 71 United States cents for the first time since Nov. 6.      The loonie dropped to US$0.7092 or US$1=C$1.4100 on Friday, compared to US$0.7102 or US$1=C$1.4080 on Thursday. Statistics Canada reported today that retail sales in September decreased 0.7 per cent at C$69.8 […] Read more

Glacier FarmMedia – The Canadian dollar continued its downturn as the weekend approached.      The loonie was at US$0.7092 or US$1=C$1.4100 as of 8:41 a.m. CST on Friday, compared to Thursday’s close at US$0.7102 or US$1=C$1.4008.      The United States Dollar Index was up 0.07 of a point at 100.22.      Crude oil prices were […] Read more

Glacier FarmMedia – The Canadian dollar closed at its lowest level in two weeks on Thursday.      The loonie dropped to US$0.7102 or US$1=C$1.4080, compared to US$0.7123 or US$1=C$1.4040 on Wednesday.      The United States Dollar Index was up 0.02 of a point at 100.25. The U.S. Labor Department confirmed on Wednesday it will not […] Read more

Glacier FarmMedia – The Canadian dollar was slightly lower on Thursday morning, despite increases in crude oil.      The loonie was at US$0.7118 or US$1=C$1.4049 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.7123 or US$1=C$1.4040.      The United States Dollar Index was down 0.07 of a point at 100.15.      Crude oil prices […] Read more

Glacier FarmMedia – The Canadian dollar took a tumble on Wednesday due to a stronger United States dollar and weaker crude oil prices.      The loonie declined to US$0.7123 or US$1=C$1.4040, compared to US$0.7144 or US$1=C$1.3997 on Tuesday.      The United States Dollar Index was up 0.65 of a point at 100.20. The U.S. Labor […] Read more

Glacier FarmMedia – The Canadian dollar retreated on Wednesday morning due to a stronger United States dollar and falling crude oil prices.      The loonie was at US$0.7130 or US$1=C$1.4025 as of 8:32 a.m. CST, compared to Tuesday’s close at US$0.7144 or US$1=C$1.3997.      The United States Dollar Index was up 0.33 of a point […] Read more

Glacier FarmMedia – The Canadian dollar had its highest close since Oct. 30 on Tuesday, due to gains in crude oil and the approval of the federal budget in the House of Commons on Monday.      The loonie jumped to US$0.7144 or US$1=C$1.3997 on Tuesday, compared to US$0.7125 or US$1=C$1.4035 on Monday.      The United […] Read more

Glacier FarmMedia – The Canadian dollar was higher on Tuesday morning, hours after the Liberal government’s federal budget narrowly passed in the House of Commons.      The loonie was at US$0.7137 or US$1=C$1.4011 as of 8:38 a.m. CST, compared to Monday’s close at US$0.7125 or US$1=C$1.4035.      Mark Carney’s first federal budget as Prime Minister […] Read more

Glacier FarmMedia — The Canadian dollar stepped back on Monday after new economic news from Statistics Canada and ahead of an important budget vote in the House of Commons.      The loonie slipped to US$0.7125 or US$1=C$1.4035 on Monday, compared to US$0.7130 or US$1=C$1.4025 on Friday.      StatCan reported this morning that Canada’s inflation rate […] Read more