Currency Markets

Glacier FarmMedia – The Canadian dollar continued to rise on Wednesday.      The loonie was at US$0.7179 or US$1=C$1.3930 as of 8:39 a.m. CDT, compared to Tuesday’s close at US$0.7164 or US$1=C$1.3959.      The Bank of Canada announced today it will cut its key interest rate by 25 basis points at 2.25 per cent, as […] Read more

Glacier FarmMedia – The Canadian dollar closed at its highest level in 20 days on Tuesday.      The loonie rose to US$0.7164 or US$1=C$1.3959, compared to US$0.7145 or US$1=C$1.3995 on Monday.      The United States Dollar Index was down 0.08 of a point at 98.71. U.S. President Donald Trump and Chinese President Xi Jinping will […] Read more

Glacier FarmMedia – The Canadian dollar moved a little bit higher on Tuesday.      The loonie was at US$0.7149 or US$1=C$1.3988 as of 8:36 a.m. CDT, compared to Monday’s close at US$0.7145 or US$1=C$1.3995.      The United States Dollar Index was up 0.14 of a point at 98.92. There were reports on Monday that the […] Read more

Glacier FarmMedia – The Canadian dollar moved upwards on Monday.      The loonie rose to US$0.7145 or US$1=C$1.3995, compared to US$0.7136 or US$1=C$1.4014 on Friday.      The United States Dollar Index was down 0.05 of a point at 98.90 despite the U.S. and China agreeing to the framework for a potential trade deal before the […] Read more

Glacier FarmMedia — The Canadian dollar remained relatively steady on Monday.      The loonie was at US$0.7140 or US$1=C$1.4006 as of 8:48 a.m. CDT, compared to Friday’s close at US$0.7136 or US$1=C$1.4014.      The United States Dollar Index was down 0.11 of a point at 98.84. U.S. President Donald Trump told reporters on Air Force […] Read more

Glacier FarmMedia — The Canadian dollar was softer on Friday, amid escalating trade tensions with the United States.      The Canadian dollar settled at US$0.7136 or US$1=C$1.4014, which compares with Thursday’s close of US$0.7146 or US$1=C$1.3993.      U.S. President Donald Trump posted to social media Thursday night that all trade talks with Canada were terminated, […] Read more

Glacier FarmMedia — The Canadian dollar held steady on Thursday, despite strong gains in crude oil.      The Canadian dollar settled at US$0.7146 or US$1=C$1.3993, which compares with Wednesday’s close of US$0.7145 or US$1=C$1.3996.      Retail sales in Canada increased one per cent in August, to C$70.4 billion, reported Statistics Canada. Core retail sales, which […] Read more

Glacier FarmMedia — The Canadian dollar was steady Thursday morning, showing little movement despite a rally in crude oil.      At 9:00 a.m. CDT the Canadian dollar was trading at US$0.7144 or US$1=C$1.3998 which compares with Wednesday’s close of US$0.7145 or US$1=C$1.3996.      Retail sales in Canada increased 1.0 per cent in August, to C$70.4 […] Read more

Glacier FarmMedia — The Canadian dollar was stronger on Wednesday, hitting its highest levels in two weeks relative to its United States counterpart. Optimism over upcoming trade talks between the two countries contributed to the firmer tone in the currency.      The Canadian dollar settled at US$0.7145 or US$1=C$1.3996, which compares with Tuesday’s close of […] Read more

Glacier FarmMedia — The Canadian dollar was stronger relative to its United States counterpart Wednesday morning, with gains in crude oil providing support for the energy-linked currency.      At 9:00 a.m. CDT the Canadian dollar was trading at US$0.7141 or US$1=C$1.4004 which compares with Tuesday’s close of US$0.7132 or US$1=C$1.4022.      Crude oil was underpinned […] Read more