Currency Markets

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

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Monday morning, with positioning ahead of the latest interest rate announcement from the United States Federal Reserve later in the week behind some of the activity in the currency markets. At 9:00 a.m. CDT the Canadian dollar was trading at US$0.7259 or […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar dropped on Friday in the face of a surge in the United States dollar. The loonie closed at US$0.7278 or US$1=C$1.3740, compared to Thursday’s finish of US$0.7307 or US$1=C$1.3686. On the U.S. Dollar Index, the greenback spiked 0.838 of a point at 104.545. Benchmark […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell below 73 U.S. cents on Friday morning due to a large increase in its United States counterpart. As of 8:37 am CDT, the loonie was at US$0.7284 or US$1=C$1.3730 compared to Thursday’s close of US$0.7307 or US$1=C$1.3686. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed a pinch higher on Thursday, as the United States dollar eased back while crude oil made gains. The loonie closed at US$0.7307 or US$1=C$1.3686, compared to Wednesday’s finish of US$0.7301 or US$1=C$1.3696. On the U.S. Dollar Index, the greenback lost 0.146 of a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning as increases in the United States dollar and crude oil essentially canceled each other. As of 8:35 am CDT, the loonie was at US$0.7302 or US$1=C$1.3697 compared to Wednesday’s close of US$0.7301 or US$1=C$1.3696. On the U.S. Dollar […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Wednesday, following the interest rate announcement from the Bank of Canada. The central bank did what most analysts expected with a cut of 25 basis points to its key overnight rate now at 4.75 per cent. The loonie closed at US$0.7301 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back  Wednesday morning following the interest rate announcement from the Bank of Canada. As of 8:54 am CDT, the loonie was at US$0.7298 or US$1=C$1.3704 compared to Tuesday’s close of US$0.7309 or US$1=C$1.3681. On the U.S. Dollar Index, the greenback tacked on 0.049 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Tuesday, as the United States dollar held firm while crude oil retreated. The loonie closed at US$0.7309 or US$1=C$1.3681, compared to Monday’s finish of US$0.7334 or US$1=C$1.3635. On the U.S. Dollar Index, the greenback was virtually unchanged at 104.080 points. Benchmark […] Read more