Currency Markets

Glacier FarmMedia — The Canadian dollar was firm on Tuesday, as the latest domestic inflation data came in higher than expected.      The Canadian dollar settled at US$0.7132 or US$1=C$1.4022, which compares with Monday’s close of US$0.7125 or US$1=C$1.4036.      Statistics Canada reported that the country’s annual rate of inflation was 2.4 per cent in […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer Tuesday morning, as markets reacted to updated inflation data.      At 8:49 a.m. CDT the Canadian dollar was trading at US$0.7129 or US$1=C$1.4027 which compares with Monday’s close of US$0.7125 or US$1=C$1.4036.      Statistics Canada reported that the country’s annual rate of inflation came in at […] Read more

Glacier FarmMedia — The Canadian dollar was unchanged at Monday’s close, lacking any clear direction.      The Canadian dollar settled at US$0.7125 or US$1=C$1.4036, which compares with Friday’s close of US$0.7125 or US$1=C$1.4035.      Canada’s Industrial Product Price Index was up by 0.8 per cent in September compared to the previous month, marking a 5.5 […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Monday morning. Support from gains in equity and metal markets was countered by weakness in crude oil.      At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7123 or US$1=C$1.4039 which compares with Friday’s close of US$0.7125 or US$1=C$1.4035.      Canada’s Industrial Product Price Index […] Read more

Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday but was still down on a weekly basis for the fourth week in a row.      The Canadian dollar settled at US$0.7125 or US$1=C$1.4035, which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048.      The continued shutdown of the U.S. government and resulting lack […] Read more

Glacier FarmMedia — The Canadian dollar remained rangebound Friday morning, lacking any clear direction.      At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7120 or US$1=C$1.4045 which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048.      Speaking in Washington, D.C., on Thursday Bank of Canada Governor Tiff Macklem said the growth outlook remained […] Read more

Glacier FarmMedia — The Canadian dollar held steady on Thursday.      The Canadian dollar settled at US$0.7118 or US$1=C$1.4048, which compares with Wednesday’s close of US$0.7120 or US$1=C$1.4045.      Speaking in Washington, D.C., Bank of Canada Governor Tiff Macklem said the growth outlook remained “soft” for the country. “We do expect growth in the second […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Thursday morning, with currency traders awaiting comments from Bank of Canada Governor Tiff Macklem later in the day.      At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7119 or US$1=C$1.4047 which compares with Wednesday’s close of US$0.7120 or US$1=C$1.4045.      Macklem is set to […] Read more

Glacier FarmMedia — The Canadian dollar held steady on Wednesday.      The Canadian dollar settled at US$0.7120 or US$1=C$1.4045, which compares with Tuesday’s close of US$0.7119 or US$1=C$1.4046.      Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in the country fell by 1.2 per cent […] Read more

Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning.      At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Tuesday’s close of US$0.7119 or US$1=C$1.4046.      Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in […] Read more