Currency Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar lost nearly three-tenths of a cent on Wednesday, as the United States dollar nudged upward while crude oil eased back. The Canadian dollar closed at US$0.7367 or US$1=C$1.3574, compared to Tuesday’s finish of US$0.7396 or US$1=C$1.3521. On the U.S. Dollar Index, the greenback added […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was pulling back on Wednesday morning, getting pressure from gains in the United States dollar. As of 8:37 am CST, the loonie was at US$0.7369 or US$1=C$1.3573 compared to Tuesday’s close of US$0.7396 or C$1.3521. On the U.S. Dollar Index, the greenback added 0.151 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady, as with other markets on Tuesday. The Canadian dollar closed at US$0.7396 or US$1=C$1.3521, compared to Monday’s finish of US$0.7399 or US$1=C$1.3515. On the U.S. Dollar Index, the greenback dipped 0.011 of a point at 103.740. Benchmark crude oil prices were […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was holding firm on Tuesday morning, seeing a very small uptick. As of 8:37 am CST, the loonie was at US$0.7402 or US$1=C$1.3511 compared to Monday’s close of US$0.7399 or C$1.3515. On the U.S. Dollar Index, the greenback was standing pat with a dip […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Monday, despite declines in the United States dollar and upticks in crude oil prices. The Canadian dollar closed at US$0.7399 or US$1=C$1.3515, compared to Friday’s finish of US$0.7411 or US$1=C$1.3494. On the U.S. Dollar Index, the greenback slipped 0.154 of a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar drifted lower on Monday morning, as its United States counterpart and global crude oil prices provided little direction. As of 8:34 am CST, the loonie was at US$0.7398 or US$1=C$1.3514 compared to Friday’s close of US$0.7411 or C$1.3494. On the U.S. Dollar Index, the […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar held within a narrow range on Friday, lacking any clear direction as traders adjusted positions ahead of the weekend amid a lack of fresh news. Gross domestic product data for both the United States and Canada will be released next week. The Canadian dollar settled […] Read more

By Phil Franz-Warkentin     Glacier FarmMedia MarketsFarm – The Canadian dollar was holding onto small gains relative to its United States counterpart Friday morning, in choppy pre-weekend trade. The Bank of Canada releases its next interest rate decision on Feb. 29, and currency traders will be following the announcement closely for hints on the […] Read more

By Phil Franz-Warkentin    Glacier FarmMedia MarketsFarm – The Canadian dollar was firmer relative to its United States counterpart on Thursday. The Canadian dollar settled at US$0.7411 or US$1=C$1.3494 on Thursday, which compares with Wednesday’s close of US$0.7401 or US$1=C$1.3512. Canada’s new housing price index dipped by 0.1 per cent in January compared to the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer Thursday morning, as expectations that the United States Federal Reserve will be unlikely to cut interest rates anytime soon provided support. At 8:52 a.m. CST the Canadian dollar was trading at US$0.7413 or US$1=C$1.3490, which compares with Wednesday’s close of US$0.7401 […] Read more