Currency Markets

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar surpassed the 74 United States cent mark on Thursday. The loonie closed at US$0.7411 or US$1=C$1.3493, compared to US$0.7380 or US$1=C$1.3550 on Wednesday. The United States Dollar Index dropped 0.44 of a point at 104.29. The U.S. Commerce Department reported on Thursday that retail sales in January fell 0.8 […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar moved above 74 United States cents on Thursday morning. The loonie was at US$0.7407 or US$1=C$1.3501 as of 8:41 a.m. CST, compared to Wednesday’s close of US$0.7380 or US$1=C$1.3550. The United States Dollar Index dropped 0.43 of a point at 104.30. Crude oil prices were higher despite reports of […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar made a modest increase on Wednesday. The loonie closed at US$0.7380 or US$1=C$1.3550, compared to US$0.7377 or US$1=C$1.3556 on Tuesday. The United States Dollar Index declined 0.22 of a point at 104.74. Crude oil prices dropped on Wednesday after larger-than-expected growth in U.S. stockpiles. However, tensions in the Middle […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Wednesday morning. The loonie was at US$0.7378 or US$1=C$1.3554 as of 8:35 a.m. CST, compared to Tuesday’s close of US$0.7377 or US$1=C$1.3556. The United States Dollar Index declined 0.12 of a point at 104.84. Crude oil prices were higher despite reports of expanded U.S. stockpiles […] Read more

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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