Currency Markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, as the United States dollar global crude oil prices essentially balanced each other. As of 8:36 am CST, the loonie was at US$0.7388 or US$1=C$1.3532 compared to Monday’s close of US$0.7393 or C$1.3527. On the U.S. Dollar Index, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar slid below 74 U.S. cents on Monday due to the rising strength in its United States counterpart. The Canadian dollar closed at US$0.7393 or US$1=C$1.3527, compared to Friday’s finish of US$0.7433 or US$1=C$1.3454. On the U.S. Dollar Index, the greenback climbed 0.559 of a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pulled back on Monday morning, pressured by a stronger United States dollar and getting little direction from global crude oil prices. As of 8:34 am CST, the loonie was at US$7402 or US$=C$1.3509 compared to Friday’s close of US$0.7433 or C$1.3454. On the U.S. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar weakened relative to its United States counterpart on Friday as jobs data out of the U.S. beat expectations. The Canadian dollar settled at US$0.7433 or US$1=C$1.3454 on Friday, which compares with Thursday’s close of US$0.7460 or US$1=C$1.3404. U.S. nonfarm payrolls increased by 353,000 jobs in […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Friday morning, as employment data out of the United States beat expectations. At 8:39 a.m. CST the Canadian dollar was trading at US$0.7429 or US$1=C$1.3461, which compares with Thursday’s close of US$0.7460 or US$1=C$1.3404. U.S. nonfarm payrolls increased by 353,000 jobs in January, […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar held relatively steady on Thursday, with spillover support from gains in equity markets countered by pressure from losses in crude oil. The Canadian dollar settled at US$0.7460 or US$1=C$1.3404 on Thursday, which compares with Wednesday’s close of US$0.7464 or US$1=C$1.3397. The U.S. Federal Reserve left […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Thursday morning, as general strength in the United States dollar internationally weighed on the currency. At 8:51 a.m. CST the Canadian dollar was trading at US$0.7447 or US$1=C$1.3428, which compares with Wednesday’s close of US$0.7464 or US$1=C$1.3397. The U.S. Federal Reserve left interest […] Read more

Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer on Wednesday, underpinned by solid inflation data. However, losses in crude oil and the latest interest rate decision from the United States Federal Reserve put some pressure on the currency. The Canadian dollar settled at US$0.7464 or US$1=C$1.3397 on Wednesday, which compares with Tuesday’s close […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was firmer Wednesday morning as monthly inflation data beat expectations. At 8:39 a.m. CST the Canadian dollar was trading at US$0.7462 or US$1=C$1.3401, which compares with Tuesday’s close of US$0.7453 or US$1=C$1.3417. Canada’s gross domestic product grew by 0.2 per cent in November after […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Tuesday, hitting fresh two-week highs relative to its United States counterpart. The Canadian dollar settled at US$0.7453 or US$1=C$1.3417 on Tuesday, which compares with Monday’s close of US$0.7439 or US$1=C$1.3442. The U.S. Fed will release its policy rate decision on Wednesday, […] Read more