Currency Markets

Glacier FarmMedia MarketsFarm – After approaching 74 United States cents yesterday, the Canadian dollar retreated on Friday morning after the release of data from Statistics Canada (StatCan). The loonie was at US$0.7369 or US$1=C$1.3570 as of 8:54 a.m. CDT, compared to US$0.7394 or US$1=C$1.3525 on Thursday. StatCan reported on Friday that retail sales dipped 0.3 […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was within striking distance of the 74 United States cent mark. The loonie closed at US$0.7394 or US$1=C$1.3525, compared to US$0.7375 or US$1=C$1.3559 on Wednesday. The United States Dollar Index jumped 0.61 of a point at 104.04, approaching its highest level in three weeks. Crude oil prices moved lower […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar approached 74 United States cents on Thursday morning. The loonie was at US$0.7402 or US$1=C$1.3510 as of 8:38 a.m. CDT, compared to US$0.7375 or US$1=C$1.3559 on Wednesday. The United States Dollar Index was up 0.27 of a point at 103.70. The U.S. Federal Reserve announced on Wednesday it […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar recovered some of its losses from Tuesday. The loonie closed at US$0.7375 or US$1=C$1.3559 on Wednesday, compared to US$0.7363 or US$1=C$1.3581 on Tuesday. The United States Dollar Index declined by 0.01 of a point at 103.42 after rising as high as 104.13 during the day. The U.S. Federal […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Wednesday morning. The loonie was at US$0.7358 or US$1=C$1.3591 as of 8:45 a.m. CDT, compared to US$0.7363 or US$1=C$1.3581 on Tuesday. The United States Dollar Index jumped 0.66 of a point at 104.09, its highest level in nearly a month. The U.S. […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar matched its lowest level in two weeks after the release of surprise economic news from Statistics Canada (StatCan). The loonie closed at US$0.7363 or US$1=C$1.3581, compared to US$0.7385 or US$1=C$1.3541 on Monday. StatCan reported today that Canada’s annual inflation rate declined to 2.8 per cent in February, compared […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar plunged on Tuesday morning after the release of surprising economic data from Statistics Canada (StatCan). The loonie was at US$0.7349 or US$1=C$1.3607 as of 8:49 a.m. CDT, compared to US$0.7385 or US$1=C$1.3541 on Monday. StatCan reported this morning that the country’s annual inflation rate slightly declined to 2.8 per […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Monday, easing back by a tiny amount. The Canadian dollar closed at US$0.7385 or US$1=C$1.3541, compared to Friday’s finish of US$0.7389 or US$1=C$1.3533. On the U.S. Dollar Index, the greenback rose 0.186 of a point at 103.250. Benchmark crude oil […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Monday morning, with little movement in the United States dollar and in crude oil prices. As of 8:38 am CST, the loonie was at US$0.7384 or US$1=C$1.3542 compared to Friday’s close of US$0.7389 or C$1.3533. On the U.S. Dollar Index, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Friday, as currency traders adjusted positions ahead of the weekend. The Canadian dollar settled at US$0.7389 or US$1=C$1.3533 on Friday, which compares with Thursday’s close of US$0.7401 or US$1=C$1.3512. Canada’s balance of trade saw a net inflow of C$16.5 billion in […] Read more