Currency Markets

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar swung higher on Wednesday morning following talk the Trump administration could be willing to ease off the tariffs they imposed yesterday. As of 8:35 am CST, the loonie was at US$0.6961 or US$1=C$1.4362 compared to Tuesday’s close of US$0.6902 or US$1=C$1.4489. On the U.S. Dollar […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Tuesday, as the financial markets reacted to the tariffs imposed by United States President Donald Trump. The loonie closed Tuesday at US$0.6902 or US$1=C$1.4489, compared to Monday’s finish of US$0.6931 or US$1=C$1.4428. On the U.S. Dollar Index, the greenback fell […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was a pinch higher on Monday, ahead of United States tariffs that are very likely to be imposed tomorrow. The loonie closed Monday at US$0.6931 or US$1=C$1.4428, compared to Friday’s finish of US$0.6926 or US$1=C$1.4438. On the U.S. Dollar Index, the greenback dropped […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Monday morning due to weakness in its United States counterpart the day ahead of the Trump administration imposing tariffs on imports from Canada and Mexico. As of 8:38 am CST, the loonie was at US$0.6944 or US$1=C$1.4400 compared to Friday’s close of […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar added to its losses on Friday, as it dropped more than one United States cent over the past week. The loonie ended the day at US$0.6926 or US$1=C$1.4438, compared to US$0.6934 or US$1=C$1.4422 on Thursday. Statistics Canada reported today that the country’s GDP increased by 2.6 per […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar was slightly lower on Friday despite welcome economic news from Statistics Canada. The loonie was at US$0.6928 or US$1=C$1.4434 as of 8:33 a.m. CST, compared to Thursday’s close at US$0.6934 or US$1=C$1.4422. StatCan reported today that the country’s GDP increased by 2.6 per cent in the fourth […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar closed at its lowest level since Feb. 3 on Thursday. The loonie ended the day at US$0.6934 or US$1=C$1.4422, compared to US$0.6974 or US$1=C$1.4339 on Wednesday. On Thursday, United States President Donald Trump reiterated his intentions to impose tariffs on Canadian and Mexican imports on March 4. […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning after United States President Donald Trump confirmed tariffs against Canada and Mexico will go ahead as planned on March 4. The loonie was at US$0.6930 or US$1=C$1.4430 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.6974 or US$1=C$1.4339. The United States […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved downward once again on Wednesday. The loonie closed at US$0.6974 or US$1=C$1.4339, compared to US$0.6999 or US$1=C$1.4287 on Tuesday. The U.S. Dollar Index gained 0.20 of a point at 106.51. Crude oil was slightly lower on Wednesday after the U.S. Energy Information Administration reported a decline in […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar struggled on Wednesday morning. The loonie was at US$0.6969 or US$1=C$1.4349 as of 8:31 a.m. CST, compared to Tuesday’s close at US$0.6999 or US$1=C$1.4287. The United States Dollar Index strengthened 0.21 of a point at 106.51. Crude oil moved slightly lower as the market awaited a deal to […] Read more