Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar retreated on Monday morning due to declining crude oil prices. The loonie was at US$0.7466 or US$1=C$1.3394, down from Friday’s close of US$0.7492 or US$1=C$1.3347. The United States Dollar Index was down 0.06 of a point to 102.35. Crude oil prices were falling after Saudi Arabia’s state producer Saudi […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar held relatively steady on Friday, adding a little bit of strength from increases in crude oil prices. The Canadian dollar closed at US$0.7492 or US$1=C$1.3347, compared to Thursday’s finish of US$0.7488 or US$1=C$1.3354. On the U.S. Dollar Index, the greenback inched up 0.045 of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was unchanged on Friday morning, following the latest jobs report from Statistics Canada As of 8:38 am CST, the loonie remained at Thursday’s close of US$0.7488 or C$1.3354. Statistics Canada reported on Friday that the country’s unemployment rate remained at 5.8 per cent in […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, as competing influences balanced off each other. The Canadian dollar closed at US$0.7488 or US$1=C$1.3354, compared to Wednesday’s finish of US$0.7487 or US$1=C$1.3356. On the U.S. Dollar Index, the greenback dipped 0.075 of a point at 102.120. Benchmark crude […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, with little movement in the United States dollar and small increases in global crude oil prices. As of 8:45 am CST, the loonie was at US$0.7486 or C$1.3355, compared to Wednesday’s close of US$0.7487 or US$1=C$1.3356. On the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pulled back by nearly a quarter of a cent on Wednesday, as its United States counterpart continued to rebound. Meanwhile, declines in the loonie were tempered by sharp upticks in global crude oil prices. The Canadian dollar closed at US$0.7487 or US$1=C$1.33356, compared to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell back on Wednesday morning, due to a stronger United States dollar. As of 8:35 am CST, the loonie was at US$0.7484 or C$1.3364, compared to Tuesday’s close of US$0.7510 or US$1=C$1.3316. On the U.S. Dollar Index, the greenback gained 0.339 of a point […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar lost ground on Tuesday to a stronger United States dollar as trading resumed after being closed on Monday for New Year’s. Weakness in crude oil prices also contributed to loonie’s downturn. The Canadian dollar closed at US$0.7510 or US$1=C$1.3316, compared to Friday’s finish of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell back on Tuesday morning, as trading resumed following the New year’s holiday. As of 8:33 am CST, the loonie was at US$0.7508 or C$1.3317, compared to Friday’s close of US$0.7561 or US$1=C$1.3226. On the U.S. Dollar Index, the greenback advanced 0.796 of a […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar eased further back again on Friday as 2023 wraps up. The loonie closed at US$0.7561 or US$1=C$1.3226, compared to US$0.7569 or US$1=C$1.3212 on Thursday. One year ago today, the Canadian dollar closed at US$0.7376 or US$1=C$1.3557. The United States Dollar Index was up 0.13 of a point at 101.35. […] Read more