Currency Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back a tenth of a cent on Monday, due to sharp declines in crude oil while losses in the United States dollar tempered any further pull backs. The loonie closed at US$0.7183 or US$1=C$1.3921 compared to Friday’s close of US$0.7173 or US$1=C$1.33941. […] Read more

Glacier FarmMedia – The Canadian dollar made a small gain coming out of the weekend on Monday morning.      The loonie was at US$0.7178 or US$1=C$1.3931 as of 8:27 a.m. CDT, compared to Friday’s close at US$0.7173 or US$1=C$1.3941.      The United States Dollar Index was down 0.30 of a point at 97.86.      Crude […] Read more

Glacier FarmMedia – The Canadian dollar took another step back on Friday, resulting in a sharp weekly drop.      The loonie closed at US$0.7173 or US$1=C$1.3941, compared to US$0.7180 or US$1=C$1.3927 on Thursday. The closing price one week ago was US$0.7253 or US$1=C$1.3787.      Statistics Canada reported today that the country’s economy expanded by 0.2 […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar edged lower on Friday morning, following the release of Statistics Canada’s report on the country’s gross domestic product. As of 8:36 am CDT, the loonie was at US$0.7175 or US$1=C$1.3933 compared to Thursday’s close of US$0.7180 or US$1=C$1.3927. On the United States Dollar Index, […] Read more

Glacier FarmMedia – The Canadian dollar dropped to its lowest close since May on Thursday.      The loonie closed at US$0.7180 or US$1=C$1.3927, compared to US$0.7198 or US$1=C$1.3893 on Wednesday.      The United States Dollar Index was up 0.62 of a point on Friday at 98.49. New data suggested labour market conditions were improving, which […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar slipped Thursday morning, continuing its downward slide in the face of a stronger United States dollar and declines in crude oil. As of 8:36 am CDT, the loonie was at US$0.7189 or US$1=C$1.3911 compared to Wednesday’s close of US$0.7198 or US$1=C$1.3893. On the U.S. […] Read more

Glacier FarmMedia — The Canadian dollar closed below 72 United States cents for the first time in more than a month.      The loonie closed at US$0.7198 or US$1=C$1.3893, compared to US$0.7230 or US$1=C$1.3832 on Tuesday. The last time the currency closed this low was on Aug. 21.      The United States Dollar Index was […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Wednesday morning, as its United States counterpart was stronger, while declines in crude oil limited the losses. As of 8:36 am CDT, the loonie was at US$0.7202 or US$1=C$1.3884 compared to Tuesday’s close of US$0.7230 or US$1=C$1.3832. On the U.S. Dollar […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed less than a 10th of a cent on Tuesday, unable to glean support from increased oil prices and a slightly weaker United States dollar. The loonie closed on Tuesday at US$0.7230 or US$1=C$1.3832 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. The […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, despite increases in crude oil prices. As of 8:36 am CDT, the loonie was at US$0.7234 or US$1=C$1.3824 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. On the U.S. Dollar Index, the greenback shed 0.045 of a point […] Read more