Currency Markets

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Monday. The loonie closed at US$0.7368 or US$1=C$1.3572, compared to US$0.7372 or US$1=C$1.3564 on Friday. The Bank of Canada (BoC) is expected to hold its key interest rate steady when making its policy announcement on Wednesday. Finance Minister Chrystia Freeland announced earlier today […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Monday morning. The loonie was at US$0.7372 or US$1=C$1.3564 as of 8:32 a.m. CST, the same as Friday’s close. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many analysts expecting rate cuts to be delayed until June at […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held within a narrow range on Friday, with positioning ahead of next week’s Bank of Canada interest rate decision a feature. It’s generally expected that the Bank will hold rates steady next week, but signs of future moves will be followed closely with many […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar slipped back on Friday morning, despite support from global crude oil prices. As of 8:40 am CST, the loonie was at US$0.7358 or US$1=C$1.3589 compared to Thursday’s close of US$0.7369 or C$1.3570. On the U.S. Dollar Index, the greenback was virtually unchanged at 104.100. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Thursday, despite a higher United States dollar and decreases in crude oil. The Canadian dollar closed at US$0.7369 or US$1=C$1.3570, compared to Wednesday’s finish of US$0.7367 or US$1=C$1.3574. On the U.S. Dollar Index, the greenback tacked on 0.166 of a […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Thursday morning, following the Statistics Canada report that the country’s annualized rate of economic growth for the fourth quarter was one per cent. As of 8:37 am CST, the loonie was at US$0.7370 or US$1=C$1.3567 compared to Wednesday’s close of […] Read more

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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