Currency Markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar strengthened on Tuesday, as currency traders adjusted positions ahead of United States inflation data out on Wednesday. The Canadian dollar settled at US$0.7324 or US$1=C$1.3653 on Tuesday, which compares with Monday’s close of US$0.7314 or US$1=C$1.3672. Canadian wholesale sales fell by 1.1 per cent […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer Tuesday morning. At 9:19 a.m. CDT the Canadian dollar was trading at US$0.7327 or US$1=C$1.3648, which compares with Monday’s close of US$0.7314 or US$1=C$1.3672. Canadian wholesale sales fall by 1.1 per cent in March to C$81.4 billion, with the largest losses […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held steady relative to its United States counterpart on Monday, with positioning ahead of U.S. inflation data out on Wednesday behind some of the activity. The Canadian dollar settled at US$0.7314 or US$1=C$1.3672 on Friday, which compares with Friday’s close of US$0.7318 or US$1=C$1.3665. […] Read more

By Phil Franz-Warkentin    Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Monday morning. At 8:55 a.m. CDT the Canadian dollar was trading at US$0.7320 or US$1=C$1.3661, which compares with Friday’s close of US$0.7318 or US$1=C$1.3655. The value of building permits issued in Canada decreased by 11.7 per cent in March compared to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Friday, after Statistics Canada reported approximately 90,000 jobs were added in April. However, the country’s unemployment rate remained at 6.1 per cent. The loonie closed at US$0.7318 or US$1=C$1.3665, compared to Thursday’s finish of US$0.7304 or US$1=C$1.3692. On the U.S. Dollar […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar cracked 73 U.S. cents on Thursday, finishing slightly above the mark due to a weaker United States dollar. The loonie closed at US$0.7304 or US$1=C$1.3692, compared to Wednesday’s finish of US$0.7281 or US$1=C$1.3734. On the U.S. Dollar Index, the greenback dropped 0.346 of a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was slightly higher on Thursday morning, buoyed by a small retraction in its United States counterpart and a nudge up in crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7293 or US$1=C$1.3711 compared to Wednesday’s close of US$0.7281 or C$1.3734. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar dipped back further on Wednesday, adding to yesterday’s decline. The loonie closed at US$0.7281 or US$1=C$1.3734, compared to Tuesday’s finish of US$0.7297 or US$1=C$1.3705. On the U.S. Dollar Index, the greenback added 0.130 of a point at 104.430. Benchmark crude oil prices were slightly […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Wednesday morning, as the United States dollar made a small gain and crude oil slipped back. As of 8:36 am CDT, the loonie was at US$0.7278 or US$1=C$1.3737 compared to Tuesday’s close of US$0.7297 or C$1.3705. On the U.S. Dollar Index, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell back on Tuesday, losing almost a quarter of a cent due to gains in the United States dollar. The loonie closed at US$0.7297 or US$1=C$1.3705, compared to Monday’s finish of US$0.7320 or US$1=C$1.3661. On the U.S. Dollar Index, the greenback added 0.301 of […] Read more