Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar made a small step upwards on Wednesday. The loonie was at US$0.7428 or US$1=C$1.3462, compared to US$0.7425 or US$1=C$1.3468 on Tuesday. The United States Dollar Index jumped 0.51 of a point at 100.97. Crude oil fell on Wednesday on signs supply disruptions in Libya were easing. West Texas Intermediate […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar climbed higher Wednesday morning as its United States counterpart sagged. However, increases were checked by small declines in crude oil. As of 9:03 am CDT, the loonie was at US$0.7439 or US$1=C$1.3444 compared to Tuesday’s close of US$0.7425 or US$1=C$1.3468. On the U.S. Dollar Index, […] Read more

By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar climbed further above the 74 U.S. cent-mark on Tuesday, gleaning strength from a weaker United States dollar and increases in crude oil. The loonie closed at US$0.7425 or US$1=C$1.3468, compared to Monday’s finish of US$0.7402 or US$1=C$1.3510. On the U.S. Dollar Index, the greenback lost […] Read more

The Canadian dollar continued its rise on Tuesday. The loonie was at US$0.7412 or US$1=C$1.3492 as of 8:34 a.m. CDT, compared to US$0.7402 or US$1=C$1.3510 on Monday. The United States Dollar Index was down 0.12 of a point at 100.73. Crude oil rallied after China announced an economic stimulus package that includes a 50 basis […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar moved above the 74 United States cent mark on Monday. The loonie was at US$0.7402 or US$1=C$1.3510, compared to US$0.7372 or US$1=C$1.3565 on Friday. The U.S. Dollar Index was up 0.14 of a point at 100.86. Crude oil was down on Monday after Iranian president Masoud Pezeshkian told […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar jumped on Monday morning, moving closer to the 74 United States cent mark. The loonie was at US$0.7393 or US$1=C$1.3526 as of 8:35 a.m. CDT, compared to US$0.7372 or US$1=C$1.3565 on Friday. The U.S. Dollar Index was up 0.18 of a point at 100.90. Crude oil was slightly higher […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm–The Canadian dollar held steady on Friday. The Canadian dollar settled at US$0.7372 or US$1=C$1.3565 on Friday, which compares with Thursday’s close of US$0.7373 or US$1=C$1.3563. Retail sales increased 0.9 per cent in July hitting C$66.4 billion, reported Statistics Canada. Early data from August suggests a 0.5 per […] Read more

By Phil Franz-Warkentin Glacier FarmMedia|MarketsFarm–The Canadian dollar was slightly softer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7363 or US$1=C$1.3581, which compares with Thursday’s close of US$0.7373 or US$1=C$1.3563. Retail sales increased 0.9 per cent in July hitting C$66.4 billion, reported Statistics Canada. Early data from August suggests a 0.5 […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia|MarketsFarm – The Canadian dollar was stronger on Thursday, as currency traders continued to adjust positions following Wednesday’s interest rate cut from the United States Federal Reserve. The Canadian dollar settled at US$0.7373 or US$1=C$1.3563 on Thursday, which compares with Wednesday’s close of US$0.7358 or US$1=C$1.3590. An estimated 489,000 Canadians […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia|MarketsFarm–The Canadian dollar was slightly softer Thursday morning as currency markets continued to react to Wednesday’s interest rate cut in the United States. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7353 or US$1=C$1.3599, which compares with Wednesday’s close of US$0.7358 or US$1=C$1.3590. An estimated 489,000 Canadians were […] Read more