Currency Markets

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

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar climbed above 71 U.S. cents on Friday morning, due to increases in crude oil and the employment report from Statistics Canada. As of 8:36 am CST, the loonie was at US$0.7106 or US$1=C$1.4074 compared to Thursday’s close of US$0.7084 or US$1=C$1.4116. On the U.S. […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, buoyed by a sharp drop in the United States dollar while lacking support from crude oil. The loonie closed at US$0.7084 or US$1=C$1.4116 compared to Wednesday’s close of US$0.7082 or US$1=C$1.4120. On the U.S. Dollar Index, the greenback […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar bumped up slightly on Thursday morning, as its United States counterpart reversed course. As of 8:35 am CST, the loonie was at US$0.7087 or US$1=C$1.4111 compared to Wednesday’s close of US$0.7082 or US$1=C$1.4120. On the U.S. Dollar Index, the greenback fell 0.329 of a […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back some more on Wednesday, feeling the impact of yesterday’s federal budget. The loonie closed at US$0.7082 or US$1=C$1.4120 compared to Tuesday’s close of US$0.7097 or US$1=C$1.4090. With C$1 trillion in major infrastructure and industrial investments, along with the impact of United […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its decline on Wednesday morning, following the federal government introducing its budget. As of 8:41 am CST, the loonie was at US$0.7078 or US$1=C$1.4126 compared to Tuesday’s close of US$0.7097 or US$1=C$1.4090. Introduced in the House of Commons on Tuesday, the Liberal budget […] Read more