Currency Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pushed higher on Tuesday, as its United States counterpart fell back and there were gains in crude oil. The increase in the loonie comes before tomorrow morning’s Bank of Canada interest rate announcement. The U.S. Federal Reserve follows with its announcement in the […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was stronger on Tuesday morning, as its United States counterpart lost ground and crude oil continued upward. As of 8:35 am CDT, the loonie was at US$0.7278 or US$1=C$1.3739 compared to Monday’s close of US$0.7244 or US$1=C$1.3804. On the U.S. Dollar Index, the greenback […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar climbed nearly a quarter of a cent on Monday, propelled upward by a lower United States dollar and gains in crude oil. Also a factor was positioning ahead of Wednesday’s interest rate announcements from the Bank of Canada and the U.S. Federal Reserve. […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was higher Monday morning, as its United States counterpart was lower and there were gains in crude oil. As of 8:39 am CDT, the loonie was at US$0.7230 or US$1=C$1.3832 compared to Friday’s close of US$0.7221 or US$1=C$1.3848. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Friday, along with its United States counterpart, as traders positioned ahead the next round of interest rate announcements. The Bank of Canada and the U.S. Federal Reserve as set to reveal their key rates on Wednesday. The Canadian dollar closed […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, as currency traders squared positions ahead of next week’s Bank of Canada interest rate announcement.      Expectations are for Canada’s central bank and the United States Federal Reserve to cut rates in the coming months.      At 9:27 a.m. CDT the Canadian dollar was […] Read more

Canadian Financial Close: Loonie inches up By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar increased slightly on Thursday, a support from a weaker United States dollar was overpowered by declines in crude oil. The Canadian dollar closed at US$0.7223 or US$1=C$1.3844 compared to  Wednesday’s close of US$0.7218 or US$1=C$1.3854. Meanwhile, the […] Read more

Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning, with expectations for a rate cut from the Bank of Canada next week weighing on the currency. Losses in crude oil added to the softer tone. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7212 or […] Read more

Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning, lacking any clear direction as currency traders continued to adjust positions ahead of next week’s Bank of Canada interest rate announcement.      Expectations are for Canada’s central bank and the United States Federal Reserve to cut rates in the coming months.      At 8:53 […] Read more

Glacier FarmMedia — The Canadian dollar was softer on Tuesday, as currency markets continued to see some adjustment ahead of interest rate announcements later in the month. Ongoing tariff uncertainty and sluggish domestic jobs data released last week added to the softer tone in the loonie.      The Canadian dollar settled at US$0.7229 or US$1=C$1.3833, […] Read more