Currency Markets

Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart to end the week, as traders reacted to the latest employment data. The Canadian dollar settled at US$0.7327 or US$1=C$1.3648, which compares with Thursday’s close of US$0.7312 or US$1=C$1.3676. Canada’s economy lost 24,800 jobs in January, but fewer people were […] Read more

Glacier FarmMedia — The Canadian dollar was stronger Friday morning, as markets watched for any developments from talks between the United States and Iran. At 9:11 a.m. CST the Canadian dollar was trading at US$0.7332 or US$1=C$1.3639 which compares with Thursday’s close of US$0.7312 or US$1=C$1.3676. Canada’s unemployment rate fell to 6.5 per cent in […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart on Thursday. The Canadian dollar settled at US$0.7312 or US$1=C$1.3676, which compares with Tuesday’s close of US$0.7316 or US$1=C$1.3668. Currency markets reacted to news Thursday that the Bank of England would leave borrowing costs unchanged after a 5-4 vote. The […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning, as losses in crude oil and commodities weighed on the currency. At 8:43 a.m. CST the Canadian dollar was trading at US$0.7311 or US$1=C$1.3678 which compares with Wednesday’s close of US$0.7316 or US$1=C$1.3668. The federal government will announce […] Read more

Glacier FarmMedia — The Canadian dollar was softer on Wednesday, amid broad strength for the United States currency internationally. The Canadian dollar settled at US$0.7316 or US$1=C$1.3668, which compares with Tuesday’s close of US$0.7325 or US$1=C$1.3652. Canada’s services economy contracted in January, according to updated purchasing managers index (PMI) data from S&P Global. The headline […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Wednesday morning, At 8:52 a.m. CST the Canadian dollar was trading at US$0.7318 or US$1=C$1.3665 which compares with Tuesday’s close of US$0.7325 or US$1=C$1.3652. U.S. Vice President JD Vance said at a meeting of more than 50 countries Wednesday that […] Read more

 Glacier FarmMedia — The Canadian dollar was firm on Tuesday, with advances in precious metals and crude oil underpinning the currency. The Canadian dollar settled at US$0.7325 or US$1=C$1.3652, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Shifting geopolitical tensions were supporting energy markets on Tuesday, with Monday’s announced trade deal between the U.S. […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Tuesday morning, consolidating in a narrow range after Monday’s drop from nearby highs relative to its United States counterpart. At 9:03 a.m. CST the Canadian dollar was trading at US$0.7313 or US$1=C$1.3674 which compares with Monday’s close of US$0.7312 or US$1=C$1.3676. Gains in crude oil and […] Read more

Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Monday. The Canadian dollar settled at US$0.7312 or US$1=C$1.3676, which compares with Friday’s close of US$0.7374 or US$1=C$1.3562. Investors were taking some of the risk premium out of oil and other commodities as tensions between the U.S. and Iran eased […] Read more

Glacier FarmMedia — The Canadian dollar was weaker Monday morning, as losses in crude oil weighed on the energy-linked currency. At 8:58 a.m. CST the Canadian dollar was trading at US$0.7314 or US$1=C$1.3672 which compares with Friday’s close of US$0.7374 or US$1=C$1.3562. Investors were taking some of the risk premium out of oil as tensions […] Read more