Currency Markets

Glacier FarmMedia — The Canadian dollar strengthened on Thursday, hitting fresh three-week highs relative to its United States counterpart as currency markets continued to take direction from developments in the Middle East. The Canadian dollar settled at US$0.7294 or US$1=C$1.3710, which compares with Wednesday’s close of US$0.7275 or US$1=C$1.3746. Israel and Lebanon reportedly agreed to […] Read more

Glacier FarmMedia — The Canadian dollar was firmer Thursday morning, continuing to gain ground relative to its United States counterpart. At 8:55 a.m. CDT the Canadian dollar was trading at US$0.7291 or US$1=C$1.3716 which compares with Wednesday’s close of US$0.7275 or US$1=C$1.3746. New motor vehicle sales in Canada were down by 0.9 per cent in […] Read more

Glacier FarmMedia — The Canadian dollar showed some modest strength on Wednesday, hitting fresh three-week highs relative to its United States counterpart. The Canadian dollar settled at US$0.7275 or US$1=C$1.3746, which compares with Tuesday’s close of US$0.7269 or US$1=C$1.3757. Canadian factory sales were up by 3.6 per cent in February compared to the previous month, […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady relative to its United States counterpart Wednesday morning. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7265 or US$1=C$1.3765 which compares with Tuesday’s close of US$0.7269 or US$1=C$1.3757. Canadian factory sales were up by 3.6 per cent in February compared to the previous month, […] Read more

Glacier FarmMedia — The Canadian dollar strengthened relative to its United States counterpart on Tuesday, as optimism over possible peace talks in the Middle East had investors showing an increased appetite for risk. The Canadian dollar settled at US$0.7269 or US$1=C$1.3757, which compares with Monday’s close of US$0.7240 or US$1=C$1.3812. Prime Minister Mark Carney’s Liberal […] Read more

Glacier FarmMedia — The Canadian dollar was stronger Tuesday morning, with the possibility of more talks between the United States and Iran this weekend somewhat supportive despite resulting losses in crude oil. At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7276 or US$1=C$1.3744 which compares with Monday’s close of US$0.7240 or US$1=C$1.3812. Prime […] Read more

The Canadian dollar was slightly firmer on Monday, trading near its highest level relative to its United States counterpart in three weeks as investors continued to follow developments out of the Middle East. The Canadian dollar settled at US$0.7240 or US$1=C$1.3812, which compares with Friday’s close of US$0.7233 or US$1=C$1.3825. The total value of building […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Monday morning, despite a rally in crude oil. At 8:47 a.m. CDT the Canadian dollar was trading at US$0.7228 or US$1=C$1.3835 which compares with Friday’s close of US$0.7233 or US$1=C$1.3825. The total value of building permits issued in Canada decreased by 8.4 per cent in February […] Read more

Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday as markets awaited U.S. and Iran peace talks to start Saturday in Pakistan.      The loonie closed at US$0.7233 or US$1=C$1.3825, compared to US$0.7235 or C$1=C$1.3821 on Thursday. The United States Dollar Index declined 0.15 of a point at 98.67.      Crude oil prices […] Read more

Glacier FarmMedia – The Canadian dollar made gains on Friday morning while crude oil showed mixed sentiment.      The loonie was at US$0.7241 or US$1=C$1.3810 as of 8:32 a.m. CDT, compared to Thursday’s close at US$0.7235 or US$1=C$1.3821. The United States Dollar Index was down 0.07 of a point at 98.75.      Statistics Canada reported […] Read more