Currency Markets

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer relative to its United States counterpart on Monday, taking a step back from its recently hit four-week highs as investors squared positions ahead of Tuesday’s inflation data. The Canadian dollar settled at US$0.7470 or US$1=C$1.3387 on Monday, which compares with Friday’s close […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Monday morning, with gains in crude oil providing some underlying support. At 8:51 a.m. CST Monday morning the Canadian dollar was trading at US$0.7476 or US$1=C$1.3376, which compares with Friday’s close of US$0.7475 or US$1=C$1.3378. Job vacancies in Canada came in […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pushed higher on Friday, despite a lack of support. The Canadian dollar closed at US$0.7475 or US$1=C$1.3378, compared to Thursday’s finish of US$0.7452 or US$1=C$1.3419. On the U.S. Dollar Index, the greenback advanced 0.652 of a point at 102.230. Benchmark crude oil prices saw […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar inched its way a little higher on Friday morning, due to a small amount of support from crude oil and despite a stronger United States dollar. As of 8:37 am CST, the loonie was at US$0.7464 or C$1.3394, compared to Thursday’s close of US$0.7452 […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar added more strength on Thursday, as its United States counterpart took another hard hit while crude oil prices had a second good day. The Canadian dollar closed at US$0.7452 or US$1=C$1.3419, compared to Wednesday’s finish of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was higher on Thursday morning, as it benefitted from a weaker United States dollar and increases in crude oil. As of 8:37 am CST, the loonie was at US$0.7444 or C$1.3436, compared to Wednesday’s close of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed higher on Wednesday, propelled by weakness in the United States dollar and increases in crude oil. The Canadian dollar closed at US$0.7374 or US$1=C$1.3561, compared to Tuesday’s finish of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar Index, the greenback dropped 0.934 of a […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar climbed higher on Wednesday morning, aided by slight declines in the United States dollar and small upticks in crude oil. As of 8:36 am CST, the loonie was at US$0.7371 or C$1.3568, compared to Tuesday’s close of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Tuesday as crude oil prices fell hard. However, a lower United States dollar curtailed the loonie’s losses. The Canadian dollar closed at US$0.7353 or US$1=C$1.3599, compared to Monday’s finish of US$0.7369 or US$1=C$1.3570. On the U.S. Dollar Index, the greenback was […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar stepped back on Tuesday morning, along with declines in crude oil prices. However, those losses were tempered by a somewhat weaker United States dollar. As of 8:40 am CST, the loonie was at US$0.7348 or C$1.3607, compared to Monday’s close of US$0.7369 or US$1=C$1.3570. […] Read more