Currency Markets

Glacier FarmMedia — The Canadian dollar was stronger Wednesday morning, with gains in crude oil lending some support to the energy-linked currency.      At 8:51 a.m. CST the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Tuesday’s close of US$0.7150 or US$1=C$1.3986.      Softer than expected jobs data out of the United […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer at Tuesday’s close, with positioning ahead of jobs data due out later in the week behind some of the activity.      The Canadian dollar settled at US$0.7150 or US$1=C$1.3986, which compares with Monday’s close of US$0.7154 or US$1=C$1.3979.      The Organization for Economic Cooperation and Development […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer Tuesday morning.      At 8:58 a.m. CST the Canadian dollar was trading at US$0.7145 or US$1=C$1.3996 which compares with Monday’s close of US$0.7154 or US$1=C$1.3979.      The Organization for Economic Cooperation and Development (OECD) raised its forecast for growth in the world economy in 2025 to […] Read more

Glacier FarmMedia — The Canadian dollar failed to hold onto earlier gains relative to its United States counterpart on Monday, holding steady to start the week.      The Canadian dollar settled at US$0.7154 or US$1=C$1.3979, which was unchanged with Friday’s close.      Canada’s manufacturing sector contracted in November, with the S&P Global Canada Manufacturing Purchasing […] Read more

Glacier FarmMedia — The Canadian dollar was firmer Monday morning, with gains in crude oil supportive for the energy-linked currency.      At 9:14 a.m. CST the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Friday’s close of US$0.7154 or US$1=C$1.3979.      Canada’s manufacturing sector contracted in November, with the S&P Global Canada […] Read more

Glacier FarmMedia – The Canadian dollar saw its highest close in nearly a month following welcomed economic data from Statistics Canada.      The loonie jumped to US$0.7154 or US$1=C$1.3979 on Friday, its highest close since Oct. 29, compared to US$0.7126 or US$1=C$1.4034 on Thursday. StatCan reported today that Canada’s economy grew at an annualized rate […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was higher on Friday morning, following the Statistics Canada report on the country’s economic growth. As of 8:35 am CST, the loonie was at US$0.7152 or US$1=C$1.3984, compared to Thursday’s close of US$0.7126 or US$1=C$1.4034. StatCan reported Canada’s real GDP improved by an annualized […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar inched up on Thursday, benefitting from increases in crude oil while the United States dollar held firm. The loonie closed at US$0.7126 or US$1=C$1.4034 compared to Wednesday’s close of US$0.7113 or US$1=C$1.4059. On the U.S. Dollar Index, the greenback was unchanged at 99.522. […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar drifted higher on Thursday morning, as it gets little direction from the United States dollar and crude oil. As of 8:38 am CST, the loonie was at US$0.7120 or US$1=C$1.4045, compared to Wednesday’s close of US$0.7113 or US$1=C$1.4059. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gained almost a quarter cent on Wednesday, getting some support from improved crude oil prices. The loonie closed at US$0.7113 or US$1=C$1.4059 compared to Tuesday’s close of US$0.7090 or US$1=C$1.4104. On the U.S. Dollar Index, the greenback dipped 0.069 of a point at […] Read more