Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar approached 74 United States cents on Thursday morning. The loonie was at US$0.7402 or US$1=C$1.3510 as of 8:38 a.m. CDT, compared to US$0.7375 or US$1=C$1.3559 on Wednesday. The United States Dollar Index was up 0.27 of a point at 103.70. The U.S. Federal Reserve announced on Wednesday it […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar recovered some of its losses from Tuesday. The loonie closed at US$0.7375 or US$1=C$1.3559 on Wednesday, compared to US$0.7363 or US$1=C$1.3581 on Tuesday. The United States Dollar Index declined by 0.01 of a point at 103.42 after rising as high as 104.13 during the day. The U.S. Federal […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Wednesday morning. The loonie was at US$0.7358 or US$1=C$1.3591 as of 8:45 a.m. CDT, compared to US$0.7363 or US$1=C$1.3581 on Tuesday. The United States Dollar Index jumped 0.66 of a point at 104.09, its highest level in nearly a month. The U.S. […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar matched its lowest level in two weeks after the release of surprise economic news from Statistics Canada (StatCan). The loonie closed at US$0.7363 or US$1=C$1.3581, compared to US$0.7385 or US$1=C$1.3541 on Monday. StatCan reported today that Canada’s annual inflation rate declined to 2.8 per cent in February, compared […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar plunged on Tuesday morning after the release of surprising economic data from Statistics Canada (StatCan). The loonie was at US$0.7349 or US$1=C$1.3607 as of 8:49 a.m. CDT, compared to US$0.7385 or US$1=C$1.3541 on Monday. StatCan reported this morning that the country’s annual inflation rate slightly declined to 2.8 per […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Monday, easing back by a tiny amount. The Canadian dollar closed at US$0.7385 or US$1=C$1.3541, compared to Friday’s finish of US$0.7389 or US$1=C$1.3533. On the U.S. Dollar Index, the greenback rose 0.186 of a point at 103.250. Benchmark crude oil […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Monday morning, with little movement in the United States dollar and in crude oil prices. As of 8:38 am CST, the loonie was at US$0.7384 or US$1=C$1.3542 compared to Friday’s close of US$0.7389 or C$1.3533. On the U.S. Dollar Index, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Friday, as currency traders adjusted positions ahead of the weekend. The Canadian dollar settled at US$0.7389 or US$1=C$1.3533 on Friday, which compares with Thursday’s close of US$0.7401 or US$1=C$1.3512. Canada’s balance of trade saw a net inflow of C$16.5 billion in […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer relative to its United States counterpart in early Friday trade. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7393 or US$1=C$1.3526, which compares with Thursday’s close of US$0.7401 or US$1=C$1.3512. Canada’s balance of trade saw a net inflow of C$16.5 […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Thursday, as strong inflation data out of the United States had investors reducing their expectations for an interest rate cut from the country any time soon. The Canadian dollar settled at US$0.7401 or US$1=C$1.3512 on Thursday, which compares with Wednesday’s close […] Read more