Currency Markets

Glacier FarmMedia MarketsFarm – The Canadian dollar fell sharply after the release of inflation data in the United States. The loonie closed at US$0.7377 or US$1=C$1.3556, compared to US$0.7435 or US$1=C$1.3450 on Monday. The U.S. Dollar Index jumped 0.71 of a point at 104.12 after the Labor Department reported that the country’s consumer price index increased […] Read more

Glacier FarmMedia MarketsFarm– The Canadian dollar retreated on Tuesday morning. The loonie was at US$0.7380 or US$1=C$1.3550 as of 8:49 a.m. CST, compared to Monday’s close of US$0.7435 or US$1=C$1.3450. The United States Dollar Index jumped 0.59 of a point at 104.76. The U.S. Labor Department reported today that the country’s consumer price index increased […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher to start the week. The loonie closed at US$0.7435 or US$1=C$1.3450, compared to US$0.7431 or US$1=C$1.3458 on Friday. The United States Dollar Index was up 0.01 of a point at 104.12. Crude oil prices were mixed on Monday. Brent crude oil declined US$0.13 at US$82.06 […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Monday morning. The loonie was at US$0.7433 or US$1=C$1.3453 as of 8:48 a.m. CST, compared to Friday’s close of US$0.7431 or US$1=C$1.3458. The United States Dollar Index was up 0.08 of a point at 104.19. After Iran’s foreign minister said there was progress towards a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged up on Friday supported by increases in crude oil while a slightly stronger United States dollar weighed on values. The Canadian dollar closed at US$0.7431 or US$1=C$1.3458, compared to Thursday’s finish of US$0.7426 or US$1=C$1.3467. On the U.S. Dollar Index, the greenback slipped […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Friday morning, due to small increases in crude oil while the United States dollar was relatively steady. Also, Statistics Canada reported on Friday that the country’s unemployment rate declined to 5.7 per cent in December after 37,000 jobs were added. As […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, despite sharp upticks in crude oil prices. The Canadian dollar closed at US$0.7426 or US$1=C$1.3467, compared to Wednesday’s finish of US$0.7424 or US$1=C$1.3469. On the U.S. Dollar Index, the greenback inched up 0.093 of a point at 104.010. Benchmark […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, as upticks in the United States dollar and global crude oil prices balanced off each other. As of 8:35 am CST, the loonie was at US$0.7425 or US$1=C$1.34741 compared to Wednesday’s close of US$0.7424 or C$1.3469. On the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Wednesday, finding support from gains in crude oil and global equity markets. The Canadian dollar settled at US$0.7424 or US$1=C$1.3469 on Wednesday, which compares with Tuesday’s close of US$0.7404 or US$1=C$1.3506. Canada’s international trade balance moved from a surplus of C$1.1 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar continued higher on Wednesday morning, supported by declines in the United States dollar and upticks in crude oil. As of 8:35 am CST, the loonie was at US$0.7426 or US$1=C$1.3467 compared to Tuesday’s close of US$0.7404 or C$1.3506. On the U.S. Dollar Index, the […] Read more