Currency Markets

By Glen Hallick Glacier FarmMedia – The Canadian dollar nudged up on Friday, making its first positive close in more than a week. Statistics Canada reported on Friday that December retail sales were down 0.4 per cent at C$70 billion. Also, StatCan said the industrial product price index rose 2.7 per cent in January, and […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday morning, getting little direction from its United States counterpart and crude oil. As of 8:37 am CST, the Canadian dollar was at US$0.7299 or US$1=C$1.3701, compared to Thursday’s close of US$0.7301 or US$1=C$1.3696. On the U.S. Dollar Index, the greenback inched […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar lost a tenth of a cent on Thursday, unable to capitalize on more increases in crude oil. The loonie finished at US$0.7301 or US$1=C$1.3696 compared to Wednesday’s close of US$0.7311 or US$1=C$1.3678. It has not closed higher since Feb. 10, when it peaked at US$0.7388 or […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar dipped below 73 U.S. cents on Thursday morning, as a higher United States dollar outweighed upticks in crude oil. As of 8:37 am CST, the Canadian dollar was at US$0.7293 or US$1=C$1.3713, compared to Wednesday’s close of US$0.7311 or US$1=C$1.3678. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar gave up a little more than a tenth of a cent on Wednesday, due to a stronger United States dollar, but a significant upswing in crude oil tempered the losses. The loonie finished at US$0.7311 or US$1=C$1.3678 compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar eased back on Wednesday morning despite sharp gains in crude oil. As of 8:30 am CST, the Canadian dollar was at US$0.7318 or US$1=C$1.3669, compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On the U.S. Dollar Index, the greenback added 0.320 of a point at 97.380. […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar lost more than two-tenths of a cent on Tuesday, as trading resumed after the long weekend. The loonie finished at US$0.7323 or US$1=C$1.3656 compared to Friday’s close of US$0.7345 or US$1=C$1.3624. On the United States Dollar Index, the greenback added 0.221 of a point at 97.040. […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar pulled back on Tuesday morning due to strength in the United States dollar and declines in crude oil. Trading in the loonie resumed following Monday’s holiday. As of 8:36 am CST, the Canadian dollar was at US$0.7315 or US$1=C$1.3673, compared to Friday’s close of US$0.7345 or […] Read more

Glacier FarmMedia – The Canadian dollar pulled back on Friday, but still ended with a weekly gain.      The loonie closed at US$0.7345 or US$1=C$1.3614, compared to US$0.7350 or US$1=C$1.3605 on Thursday. However, the rate was higher than on Feb. 6 at US$0.7327 or US$1=C$1.3648.      The United States Dollar Index was down 0.05 of […] Read more

Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday morning.      The loonie was at US$0.7349 or US$1=C$1.3607 as of 8:33 a.m. CST, compared to Thursday’s close at US$0.7350 or US$1=C$1.3605.      The United States Dollar Index was up 0.11 of a point at 97.04. The U.S. Bureau of Labor Statistics reported today […] Read more