Currency Markets

Glacier FarmMedia – The Canadian dollar was lower on Monday despite the release of economic news from Statistics Canada.      The loonie was at US$0.7122 or US$1=C$1.4041 as of 9:05 a.m. CST, compared to Friday’s close at US$0.7130 or US$1=C$1.4025.      StatCan reported on Monday the country’s annual inflation rate was at 2.2 per cent […] Read more

Glacier FarmMedia — The Canadian dollar held relatively steady on Friday. While solid domestic economic data and gains in crude oil were supportive, broad strength in the United States dollar internationally weighed somewhat on the loonie.      The Canadian dollar settled at US$0.7130 or US$1=C$1.4025, which compares with Thursday’s close of US$0.7134 or US$1=C$1.4018.       […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, lacking any clear direction.      At 8:48 a.m. CST the Canadian dollar was trading at US$0.7133 or US$1=C$1.4019 which compares with Thursday’s close of US$0.7134 or US$1=C$1.4018.      Manufacturing sales in Canada were up 3.3 per cent in September compared to the previous month […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday, with sharp losses in equities accounting for some spillover weakness in the currency.      The Canadian dollar settled at US$0.7134 or US$1=C$1.4018, which compares with Wednesday’s close of US$0.7140 or US$1=C$1.4005.      The end of the U.S. government shutdown kept some caution in the […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, as investors weighed the end of the government shutdown in the United States.      At 8:57 a.m. CST the Canadian dollar was trading at US$0.7133 or US$1=C$1.4019 which compares with Wednesday’s close of US$0.7140 or US$1=C$1.4005.      U.S. President Donald Trump signed the bill […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer on Wednesday.      The Canadian dollar settled at US$0.7140 or US$1=C$1.4005, which compares with Monday’s close of US$0.7133 or US$1=C$1.4020. There was no closing rate on Tuesday due to Remembrance Day.      The U.S. Senate approved a compromise bill on Monday that would end the lengthy […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer Wednesday morning, lacking any clear direction as currency traders await news on the end of the government shutdown in the United States.      At 9:12 a.m. CST the Canadian dollar was trading at US$0.7137 or US$1=C$1.4011 which compares with Monday’s close of US$0.7133 or US$1=C$1.4020. Canadian […] Read more

Glacier FarmMedia — The Canadian dollar closed Monday on a high note, buoyed by gains in crude oil.     The loonie rose to US$0.7133 or US$1=C$1.4020 on Monday, compared to US$0.7111 or US$1=C$1.4063 on Friday.      The United States Dollar Index was down 0.03 of a point at 99.58. On Sunday, the U.S. Senate passed a […] Read more

Glacier FarmMedia – The Canadian dollar advanced on Monday, getting some support from higher crude oil prices.      The loonie was at US$0.7124 or US$1=C$1.4037 as of 8:32 a.m. CST, compared to Friday’s close at US$0.7111 or US$1=C$1.4063.      The United States Dollar Index was down 0.05 of a point at 99.55. The U.S. Senate […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed above 71 U.S. cents on Friday, spurred on by a decline in the United States dollar and increases in crude oil. The loonie closed at US$0.7111 or US$1=C$1.4063 compared to Thursday’s close of US$0.7084 or US$1=C$1.4116. On the U.S. Dollar Index, the […] Read more