Currency Markets

Glacier FarmMedia – The Canadian dollar declined Wednesday morning along with crude oil after the United States sent a ceasefire plan to Iran.      The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Tuesday’s close at US$0.7267 or US$1=C$1.3761. The United States Dollar Index was down 0.04 of a point […] Read more

Glacier FarmMedia – The Canadian dollar was lower on Tuesday, despite rising crude oil prices.      As of 3:35 p.m. CDT, the loonie was at US$0.7269 or US$1=C$1.3757, compared to US$0.7290 or C$1=C$1.3717 on Monday. The Bank of Canada had yet to post its closing exchange rate at press time.      The United States Dollar […] Read more

Glacier FarmMedia – The Canadian dollar declined Tuesday morning as crude oil tried to rebound from Monday’s losses.      The loonie was at US$0.7266 or US$1=C$1.3763 as of 8:38 a.m. CDT, compared to Monday’s close at US$0.7290 or US$1=C$1.3717. The United States Dollar Index gained 0.52 of a point at 99.47.      Crude oil prices […] Read more

Glacier FarmMedia – The Canadian dollar was unchanged on Monday, amidst falling crude oil prices and a weaker United States dollar.      The loonie closed at US$0.7290 or US$1=C$1.3717, the same rate as Friday. The U.S. Dollar Index lost half a point at 99.14.      Crude oil dropped after U.S. President Donald Trump said he […] Read more

Glacier FarmMedia – The Canadian dollar was unchanged coming out of the weekend while crude oil prices dropped.      The loonie was at US$0.7390 or US$1=C$1.3532 as of 8:31 a.m. CDT. The United States Dollar Index declined by 0.16 of a point at 99.49.      Crude oil prices fell this morning after U.S. President Donald […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday, as world financial markets continued to react to the shifting news out of the Middle East. The Canadian dollar settled at US$0.7290 or US$1=C$1.3718, which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7295 or US$1=C$1.3708 which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in January from the previous month at C$70.7 billion, reported Statistics Canada. […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday. The Canadian dollar settled at US$0.7284 or US$1=C$1.3728, which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada and the U.S. Federal Reserve left their key interest rates unchanged in policy announcements on Wednesday but warned of higher inflation. The Bank […] Read more

Glacier FarmMedia — The Canadian dollar was softer Thursday morning, pressured by a declining appetite for risk in global financial markets amid the ongoing war in the Middle East. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer on Wednesday, as currency markets had a muted response to steady interest rate policy announcements from Canada and the United States. The Canadian dollar settled at US$0.7296 or US$1=C$1.3706, which compares with Tuesday’s close of US$0.7300 or US$1=C$1.3699. The Bank of Canada and the U.S. Federal […] Read more