Currency Markets

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued to rally on Wednesday as its United States counterpart weakened.      The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:36 a.m. CST, compared to Tuesday’s close at US$0.7231 or US$1=C$1.3829.      The U.S. Dollar Index dipped 0.12 of a point at 98.52.      Crude oil prices were […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar maintained its upward trajectory on Tuesday.      The loonie was at US$0.7224 or US$1=C$1.3843 as of 8:38 a.m. CST, compared to Monday’s close at US$0.7210 or US$1=C$1.3870.      The United States Dollar Index lost 0.87 of a point at 98.52. U.S. markets reopened last night after being closed for […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar closed above the 72 United States cent mark for the first time in five days.          The loonie settled at US$0.7210 or US$1=C$1.3870, compared to US$0.7188 or US$1=C$1.3913 on Friday. Statistics Canada reported today that Canada’s annual inflation rate increased to 2.4 per cent, exceeding analysts’ expectations of it […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar surpassed the 72 United States cent mark on Monday morning after the release of new data from Statistics Canada.      The loonie was at US$0.7201 or US$1=C$1.3887 as of 8:33 a.m. CST, compared to Friday’s close at US$0.7188 or US$1=C$1.3913.      StatCan reported that the country’s annual inflation rate […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker relative to its United States counterpart on Friday The Canadian dollar settled at US$0.7188 or US$1=C$1.3913, which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian products, including canola, in exchange for […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady relative to its United States counterpart Friday morning. At 9:18 a.m. CST the Canadian dollar was trading at US$0.7199 or US$1=C$1.3891 which compares with Thursday’s close of US$0.7195 or US$1=C$1.3899. Canada and China reached a preliminary deal that will see China lower its tariffs on Canadian […] Read more

Reading Time: < 1 minute The Canadian dollar weakened relative to its United States counterpart on Thursday as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7195 or US$1=C$1.3899, which compares with Wednesday’s close of US$0.7206 or US$1=C$1.3877. Canadian Prime Minister Mark Carney is in China this week, with trade a key topic of […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker Thursday morning as losses in crude oil weighed on the currency. At 9:17 a.m. CST the Canadian dollar was trading at US$0.7185 or US$1=C$1.3918 which compares with Wednesday’s close of US$0.7206 or US$1=C$1.3877. Canadian manufacturing sales in Canada fell 1.2 per cent in November to C$70.8 billion, […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart on Wednesday. The Canadian dollar settled at US$0.7206 or US$1=C$1.3877, which compares with Tuesday’s close of US$0.7201 or US$1=C$1.3886. Canadian Prime Minister Mark Carney is on a trade mission to China this week. The trip is the first by a […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning. At 9:07 a.m. CST the Canadian dollar was trading at US$0.7200 or US$1=C$1.3889 which compares with Tuesday’s close of US$0.7201 or US$1=C$1.3886. Canadian Prime Minister Mark Carney is in China this week, with trade expected to be a key topic of discussion. Carney’s […] Read more