Currency Markets

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Monday morning in relatively thin trade. Markets in the United States are closed Monday for Martin Luther King Jr. Day, limiting some of the activity. At 8:54 a.m. CST Monday morning the Canadian dollar was trading at US$0.7442 or US$1=C$1.3437, which compares with […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar bounced back to end the week. The loonie closed at US$0.7470 or US$1=C$1.3387, compared to US$0.7458 or US$1=C$1.3409 on Thursday. The United States Dollar Index was up 0.13 of a point at 102.42. Crude oil prices rose on Friday after the U.S. launched strikes on Houthi rebels in Yemen. […] Read more

Glacier FarmMedia MarketsFarm – Rising crude oil prices led to a jump in the Canadian dollar on Friday morning. The loonie was at US$0.7488 or US$1=C$1.3355, compared to Thursday’s close of US$0.7458 or US$1=C$1.3409. The United States Dollar Index was unchanged at 102.29. The U.S. launched strikes on Houthi rebels in Yemen on Friday, raising […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar fell to its lowest level in nearly a month on Thursday. The loonie closed at US$0.7458 or US$1=C$1.3409, compared to US$0.7473 or US$1=C$1.3382 on Wednesday. The United States Dollar Index was virtually unchanged, down 0.01 of a point at 102.35. Crude oil prices were up on Thursday due to […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning. The loonie was at US$0.7475 or US$1=C$1.3378, compared to Wednesday’s close of US$0.7473 or US$1=C$1.3382. The United States Dollar Index was up 0.24 of a point to 102.60. Crude oil prices were higher on Thursday due to ongoing tensions in the Middle […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar saw a small gain on Wednesday. The loonie closed at US$0.7473 or US$1=C$1.3382, compared to US$0.7468 or US$1=C$1.3391 on Tuesday. The U.S. Dollar Index was down 0.18 of a point at 102.39. Crude oil prices dropped on Wednesday, as an influx of supplies pressured markets. Brent crude oil […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar made a slight gain on Wednesday morning. The loonie was at US$0.7473 or US$1=C$1.3382, up from Tuesday’s close of US$0.7468 or US$1=C$1.3391. The United States Dollar Index was down 0.02 of a point to 102.55. Crude oil prices added onto Tuesday’s gains. Brent crude oil rose US$0.59 at US$78.18 […] Read more

The Canadian dollar eased back, marking a second-straight decline for the currency. The loonie closed at US$0.7468 or US$1=C$1.3391, compared to US$0.7478 or US$1=C$1.3372 on Friday. The U.S. Dollar Index was up 0.33 of a point at 102.54. Crude oil prices rose on Tuesday, recovering some of Monday’s losses. Brent crude oil gained US$1.47 at […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar continued to show weakness on Tuesday. The loonie was at US$0.7470 or US$1=C$1.3387, down from Monday’s close of US$0.7478 or US$1=C$1.3372. The United States Dollar Index was up 0.17 of a point to 102.38. Crude oil prices underwent a correction on Tuesday, but not enough to recover their losses […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar took another step back away from the 75 United States cent mark. The loonie closed at US$0.7478 or US$1=C$1.3372, compared to US$0.7492 or US$1=C$1.3247 on Friday. The U.S. Dollar Index was down 0.16 of a point at 102.25. Crude oil prices slid after Saudi Arabia’s state-owned oil company Saudi […] Read more