Currency Markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Wednesday morning, as its United States counterpart found strength. As of 8:37 am CST, the loonie was at US$0.7259 or US$1=C$1.3776, compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback gained 0.311 of a point […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar bumped up on Tuesday, supported by declines in the United States dollar and despite sharp losses in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback was down […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar improved on Tuesday morning, as its United States counterpart lost ground and despite declines in crude oil. As of 8:36 am CST, the loonie was at US$0.7281 or US$1=C$1.3734, compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Monday, with the United States dollar and crude oil effectively balancing off each other. The loonie closed at US$0.7262 or US$1=C$1.3770 compared to Friday’s close of US$0.7263 or US$1=C$1.3769. On the U.S. Dollar Index, the greenback shed 0.064 of […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Monday morning, with little movement in either the United States dollar or crude oil. As of 8:39 am CST, the loonie was at US$0.7267 or US$1=C$1.3762, compared to Friday’s close of US$0.7263 or US$1=C$1.3769. On the U.S. Dollar Index, the […] Read more

Glacier FarmMedia – The Canadian dollar moved slightly higher on Friday, ending the week on a high note.          The loonie settled at US$0.7263 or US$1=C$1.3769, compared to US$0.7260 or US$1=C$1.3774 on Thursday.      The United States Dollar Index was up 0.03 of a point at 98.37.      Crude oil prices were lower due to […] Read more

Glacier FarmMedia – The Canadian dollar continued to move upwards on Friday morning.      The loonie was at US$0.7266 or US$1=C$1.3763 as of 8:47 a.m. CST, compared to Thursday’s close at US$0.7260 or US$1=C$1.3774.      The United States Dollar Index was up 0.09 of a point at 98.44.      Crude oil prices nudged lower due […] Read more

Glacier FarmMedia – The Canadian dollar ended Thursday with its highest close since Sept. 17.          The loonie jumped to US$0.7260 or US$1=C$1.3774, compared to US$0.7228 or US$1=C$1.3835 on Wednesday and the U.S. Dollar Index dropped 0.47 of a point at 98.32. This followed the Bank of Canada maintaining its key rates of 2.25 per […] Read more

Glacier FarmMedia – The Canadian dollar jumped Thursday morning, the day after the Bank of Canada’s latest interest rate announcement.      The loonie was at US$0.7256 or US$1=C$1.3782 as of 8:35 a.m. CST, compared to Wednesday’s close at US$0.7228 or US$1=C$1.3835. The BoC left its key interest rates unchanged at 2.25 per cent.      The […] Read more

Glacier FarmMedia – The Canadian dollar nudged a little higher on Wednesday, after the Bank of Canada and the United States Federal Reserve announced their respective interest rate decisions.          The loonie increased to US$0.7228 or US$1=C$1.38435, compared to US$0.7223 or US$1=C$1.3844 on Tuesday. In meeting analysts’ expectations, the BoC maintained its key rates of […] Read more