Currency Markets

The Canadian dollar made little headway on Monday. The loonie closed at US$0.7276 or US$1=C$1.3743, compared to US$0.7272 or US$1=C$1.3751 on Friday. The United States Dollar Index declined 0.19 of a point at 105.36. Crude oil prices jumped on Monday due to bullish economic data from China and speculation OPEC+ could delay adding more supply […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady coming out of the weekend. The loonie was at US$0.7275 or US$1=C$1.3746 as of 8:36 a.m. CDT, compared to US$0.7272 or US$1=C$1.3751 on Friday. The United States Dollar Index was down 0.01 of a point at 105.54. Crude oil prices were higher due to welcome […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held near unchanged on Friday, lacking any clear direction as investors adjusted positions ahead of the weekend. The Canadian dollar settled at US$0.7272 or US$1=C$1.3751 on Friday, which compares with Thursday’s close of US$0.7275 or US$1=C$1.3746. Manufacturing sales in Canada were up by 1.1 […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Friday morning, with broad strength in the United States currency globally behind some of the softness. At 9:03 a.m. CDT the Canadian dollar was trading at US$0.7253 or US$1=C$1.3787, which compares with Thursday’s close of US$0.7275 or US$1=C$1.3746. Manufacturing sales in Canada […] Read more

By Phil Franz-Warkentin, MarketsFarm Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Thursday morning, as currency traders continued to parse Wednesday’s comments from the United States Federal Reserve. At 8:47 a.m. CDT the Canadian dollar was trading at US$0.7280 or US$1=C$1.3736, which compares with Wednesday’s close of US$0.7299 or US$1=C$1.3700. The Fed left […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Wednesday, as investors reacted to updated inflation data out of the United States and the latest interest rate announcement from the U.S. Federal Reserve. The Canadian dollar settled at US$0.7299 or US$1=C$1.3700 on Wednesday, which compares with Tuesday’s close of US$0.7264 or […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger Wednesday morning, as gains in crude oil and positioning ahead of an interest rate announcement from the United States Federal Reserve provided support. At 8:39 a.m. CDT the Canadian dollar was trading at US$0.7303 or US$1=C$1.3693, which compares with Tuesday’s close of US$0.7264 […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Tuesday as investors adjusted positions ahead of Wednesday’s interest rate announcement from the United States Federal Reserve. The Canadian dollar settled at US$0.7264 or US$1=C$1.3767 on Tuesday, which compares with Monday’s close of US$0.7265 or US$1=C$1.3765. The total value of building permits […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Tuesday morning, as currency traders continued to adjust positions ahead of the latest interest rate announcement from the United States Federal Reserve later in the week. At 8:43 a.m. CDT the Canadian dollar was trading at US$0.7253 or US$1=C$1.3787, which compares with […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly weaker on Monday, as investors await direction from the United States Federal Reserve later in the week. The Canadian dollar settled at US$0.7265 or US$1=C$1.3765 on Monday, which compares with Friday’s close of US$0.7278 or US$1=C$1.3740. Economists generally expect the Fed will […] Read more