Currency Markets

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Tuesday morning, following the announcement by United States President-elect Donald Trump that his administration would slap a 25 per cent tariff on imported goods from Canada. As of 8:36 am CST, the loonie was at US$0.7085 or US$1=C$1.4114 compared to Monday’s close […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Monday, despite major movements in the United States dollar and crude oil. The loonie closed at US$0.7153 or US$1=C$1.3980 compared to Friday’s finish of US$0.7154 or US$1=1.3979. On the U.S. Dollar Index, the greenback lost 0.662 of a point […] Read more

The Canadian dollar was relatively steady on Monday morning, despite a sharp drop in the United States dollar As of 8:35 am CST, the loonie was at US$0.7160 or US$1=C$1.3968 compared to Friday’s close of US$0.7154 or US$1=C$1.3979. On the U.S. Dollar Index, the greenback fell 0.867 of a point at 106.640. Benchmark crude oil […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped on Friday, forfeiting almost a tenth of a cent to a stronger United States dollar but increases in crude oil halted further declines. The loonie closed at US$0.7154 or US$1=C$1.3979 compared to Thursday’s finish of US$0.7163 or US$1=1.3960. On the U.S. Dollar […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was holding relatively steady Friday morning. At 9:30 a.m. CST the Canadian dollar was trading at US$0.7151 or US$1=C$1.3984 which compares with Thursday’s close of US$0.7163 or US$1=C$1.3960. Canadian retail sales rose 0.4 per cent in September, hitting C$66.9 billion, reported Statistics Canada. Sales were up in […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was stronger on Thursday, as the market reacted to new spending measures announced by the government. The Canadian dollar settled at US$0.7163 or US$1=C$1.3960 on Thursday, which compares with Wednesday’s close of US$0.7146 or US$1=C$1.3993. Canada’s Liberal government announced C$6.3 billion in proposed new spending measures to […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Thursday morning, underpinned by gains in crude oil. At 9:10 a.m. CST the Canadian dollar was trading at US$0.7176 or US$1=C$1.3935 which compares with Wednesday’s close of US$0.7146 or US$1=C$1.3993. Canada’s Industrial Product Price Index was up by 1.2 per cent in October compared to […] Read more

The Canadian dollar dipped slightly on Wednesday as crude oil eased back, and the United States dollar posted a strong increase. The loonie closed at US$0.7146 or US$1=C$1.3993 compared to Tuesday’s finish of US$0.7153 or US$1=1.3981. On the U.S. Dollar Index, the greenback gained 0.477 of a point at 106.620. Benchmark crude oil prices stepped […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Wednesday morning. At 9:07 a.m. CST the Canadian dollar was trading at US$0.7147 or US$1=C$1.3992 which compares with Tuesday’s close of US$0.7153 or US$1=C$1.3981. Investment in building construction in Canada rose 2.1 per cent in September to hit C$21.6 billion, reported Statistics Canada. The […] Read more

     Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Tuesday, as rising inflation was seen reducing the likelihood of large interest rate cuts from the Bank of Canada. The Canadian dollar settled at US$0.7153 or US$1=C$1.3819 on Tuesday, which compares with Monday’s close of US$0.7121 or US$1=C$1.4042. Canada’s Consumer Price Index rose […] Read more