Currency Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Tuesday as crude oil prices fell hard. However, a lower United States dollar curtailed the loonie’s losses. The Canadian dollar closed at US$0.7353 or US$1=C$1.3599, compared to Monday’s finish of US$0.7369 or US$1=C$1.3570. On the U.S. Dollar Index, the greenback was […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar stepped back on Tuesday morning, along with declines in crude oil prices. However, those losses were tempered by a somewhat weaker United States dollar. As of 8:40 am CST, the loonie was at US$0.7348 or C$1.3607, compared to Monday’s close of US$0.7369 or US$1=C$1.3570. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar inched upward on Monday, aided by small gains in global crude oil prices. The loonie closed at US$0.7369 or US$1=C$1.3570, compared to Friday’s finish of US$0.7359 or US$1=C$1.3588. On the United States Dollar Index, the greenback tacked on 0.062 of a point at 103.620. […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher on Friday. The loonie closed at US$0.7359 or US$1=C$1.3588, compared to US$0.7355 or US$1=C$1.3597 on Thursday. The United States Dollar Index was up 0.44 of a point at 103.99. Crude oil ended the week on a strong note. Brent crude oil gained US$1.76 at US$75.81 […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Friday morning. The loonie was at US$0.7353 or US$1=C$1.3600, down from Thursday’s close of US$0.7355 or US$1=C$1.3597. The United States Dollar Index gained 0.65 of a point to 104.19. Crude oil prices added onto Thursday’s gains. Brent crude oil was up US$1.33 at US$75.38 […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar eased off slightly on Thursday. The loonie closed at US$0.7355 or US$1=C$1.3597, compared to US$0.7367 or US$1=C$1.3574 on Wednesday. The United States Dollar Index was down 0.50 of a point at 103.65. Crude oil made small rebounds after consecutive days of losses. Brent crude oil added US$0.13 at […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar took a step back on Thursday morning. The loonie was at US$0.7350 or US$1=C$1.3605, down from Wednesday’s close of US$0.7367 or US$1=C$1.3574. The Bank of Canada (BoC) announced on Wednesday its key interest rate will be left unchanged. The United States Dollar Index was down 0.31 of a point […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Wednesday after an announcement from the Bank of Canada (BoC). The loonie closed at US$0.7367 or US$1=C$1.3574, compared to US$0.7364 or US$1=C$1.3579 on Tuesday. The BoC announced earlier today that it will leave the key interest rate unchanged at five per cent, as many expected. […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher on Wednesday ahead of an announcement from the Bank of Canada (BoC). The loonie was at US$0.7372 or US$1=C$1.3565, up from Tuesday’s close of US$0.7364 or US$1=C$1.3579. The BoC will announce its key interest rate decision later today with many expecting the central bank to […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar took another step back on Tuesday. The loonie closed at US$0.7364 or US$1=C$1.3579, compared to US$0.7385 or US$1=C$1.3541 on Monday. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many observers predicting it will remain unchanged. The United States Dollar Index was up […] Read more