Currency Markets

By Glen Hallick Glacier FarmMedia – The Canadian dollar closed higher on Monday, despite sharp swings in crude oil. The loonie finished at US$0.7367 or US$1=C$1.3574 compared to Friday’s close of US$0.7346 or US$1=C$1.3613. On the United States Dollar Index, the greenback dipped 0.159 of a point at 98.550. Benchmark crude oil prices were lower […] Read more

By Glen Hallick Glacier FarmMedia – The Canadian dollar pushed higher on Monday morning, as crude oil continued surge upward. As of 8:35 am CST, the Canadian dollar was at US$0.7375 or US$1=C$1.3563, compared to Friday’s close of US$0.7346 or US$1=C$1.3613. On the United States Dollar Index, the greenback added 0.191 of a point at […] Read more

Glacier FarmMedia – The Canadian dollar stepped up on Friday due to the ongoing rise in crude oil prices and underwhelming jobs data in the United States.      The loonie closed at US$0.7346 or US$1=C$1.3613, compared to US$0.7312 or US$1=C$1.3677 on Thursday.      The United States Dollar Index lost 0.42 of a point at 98.90. […] Read more

The Canadian dollar was higher on Friday as crude oil prices sharply rose.      The loonie was at US$0.7320 or US$1=C$1.3661 as of 8:35 a.m. CST, compared to Thursday’s close at US$0.7312 or US$1=C$1.3677. The United States Dollar Index increased by 0.10 of a point at 99.41.      Crude oil prices continued to rise amid […] Read more

Glacier FarmMedia – The Canadian dollar was lower on Thursday as its United States counterpart was higher.      The loonie closed at US$0.7312 or US$1=C$1.3677, compared to US$0.7319 or US$1=C$1.3664 on Wednesday. The United States Dollar Index gained 0.26 of a point at 99.03.      Crude oil rose as the Strait of Hormuz continued to […] Read more

Glacier FarmMedia – The Canadian dollar was relatively steady on Thursday morning after a new round of strikes in the Middle East fuelled rising crude oil prices.      The loonie was at US$0.7320 or US$1=C$1.3661 as of 8:41 a.m. CST, compared to Wednesday’s close at US$0.7319 or US$1=C$1.3664. The United States Dollar Index increased by […] Read more

Glacier FarmMedia – The Canadian dollar was higher on Wednesday as crude oil prices continued to rise.      The loonie closed at US$0.7319 or US$1=C$1.3664, compared to US$0.7308 or US$1=C$1.3684 on Tuesday. The United States Dollar Index shed 0.26 of a point at 98.79.      Crude oil ended the day higher after Iran denied a […] Read more

Glacier FarmMedia – The Canadian dollar was down slightly on Wednesday morning as crude oil prices weakened.      The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:34 a.m. CST, compared to Tuesday’s close at US$0.7308 or US$1=C$1.3684. The United States Dollar Index dipped 0.14 of a point at 98.91.      Crude oil prices were […] Read more

Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday as rising crude oil prices were countered by a stronger United States dollar.      The loonie closed at US$0.7308 or US$1=C$1.3684, compared to US$0.7306 or US$1=C$1.3688 on Monday. The U.S. Dollar Index added 0.64 of a point at 99.02.      Air strikes on Iran […] Read more

Glacier FarmMedia – The Canadian dollar dipped below the 73 United States cent mark Tuesday morning.      The loonie was at US$0.7289 or US$1=C$1.3719 as of 8:32 a.m. CST, compared to Monday’s close at US$0.7306 or US$1=C$1.3688. The U.S. Dollar Index rose 0.87 of a point at 99.25.      Crude oil prices kept climbing as […] Read more