Canadian Financial Close: C$ strengthens

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Tuesday, as currency markets reacted to the latest inflation data. The Canadian dollar settled at US$0.7176 or US$1=C$1.3935, which compares with Friday’s close of US$0.7154 or US$1=C$1.3979. Canadian markets were closed Monday for Victoria Day. Canada’s consumer price index was up 1.7 per cent […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Monday morning. At 8:54 a.m. CDT the Canadian dollar was trading at US$0.7175 or US$1=C$1.3937 which compares with Friday’s close of US$0.7154 or US$1=C$1.3979. Canadian markets were closed Monday for Victoria Day. Canada’s consumer price index was up 1.7 per cent on an annual basis […] Read more


Canadian Financial Close: Loonie steady, ends week lower

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday. The loonie ended the day at US$0.7154 or US$1=C$1.3979, compared to US$0.7151 or US$1=C$1.3985 on Thursday. However, the currency lost 0.26 U.S. cents compared to the previous week. There will be no closing rate published by The Bank of Canada on Monday […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Friday morning. At 9:07 a.m. CDT the Canadian dollar was trading at US$0.7161 or US$1=C$1.3965 which compares with Thursday’s close of US$0.7151 or US$1=C$1.3985. Canadian investors acquired C$15.6 billion of foreign securities in March while foreign investors reduced their holdings of Canadian securities by […] Read more


Canadian Financial Close: C$ softer with crude oil

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday, with losses in crude oil behind some of the weakness. The Canadian dollar settled at US$0.7151 or US$1=C$1.3985, which compares with Wednesday’s close of US$0.7161 or US$1=C$1.3964. Canadian manufacturing sales were down 1.4 per cent in March at C$71.9 billion, reported Statistics Canada. Sales […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning. At 9:17 a.m. CDT the Canadian dollar was trading at US$0.7150 or US$1=C$1.3986 which compares with Wednesday’s close of US$0.7159 or US$1=C$1.3964. Canadian manufacturing sales were down 1.4 per cent in March at C$71.9 billion, reported Statistics Canada. Sales were down for […] Read more


Canadian Financial Close: C$ steady Wednesday

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar held steady on Wednesday, lacking any clear direction. The Canadian dollar settled at US$0.7161 or US$1=C$1.3964, which compares with Tuesday’s close of US$0.7159 or US$1=C$1.3969. The value of building permits issued in Canada fell by 4.1 per cent in March compared to the previous month, coming in at C$549.4 […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Wednesday morning. At 9:33 a.m. CDT the Canadian dollar was trading at US$0.7160 or US$1=C$1.3966 which compares with Tuesday’s close of US$0.7159 or US$1=C$1.3969. The value of building permits issued in Canada fell by 4.1 per cent in March compared to the previous month, […] Read more


Canadian Financial Close: C$ firm Tuesday

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened on Tuesday, as currency traders reacted to the new federal cabinet unveiled by Prime Minister Mark Carney. The Canadian dollar settled at US$0.7159 or US$1=C$1.3969, which compares with Monday’s close of US$0.7144 or US$1=C$1.3998. General weakness in the United States dollar internationally contributed to the relative […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer relative to its United States counterpart Tuesday morning. At 9:05 a.m. CDT the Canadian dollar was trading at US$0.7138 or US$1=C$1.4010 which compares with Monday’s close of US$0.7144 or US$1=C$1.3998. Consumer prices in the U.S. increased by 2.3 per cent on an annual basis […] Read more