Currency Markets

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar had its highest close since Oct. 30 on Tuesday, due to gains in crude oil and the approval of the federal budget in the House of Commons on Monday.      The loonie jumped to US$0.7144 or US$1=C$1.3997 on Tuesday, compared to US$0.7125 or US$1=C$1.4035 on Monday.      The United […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was higher on Tuesday morning, hours after the Liberal government’s federal budget narrowly passed in the House of Commons.      The loonie was at US$0.7137 or US$1=C$1.4011 as of 8:38 a.m. CST, compared to Monday’s close at US$0.7125 or US$1=C$1.4035.      Mark Carney’s first federal budget as Prime Minister […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar stepped back on Monday after new economic news from Statistics Canada and ahead of an important budget vote in the House of Commons.      The loonie slipped to US$0.7125 or US$1=C$1.4035 on Monday, compared to US$0.7130 or US$1=C$1.4025 on Friday.      StatCan reported this morning that Canada’s inflation rate […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was lower on Monday despite the release of economic news from Statistics Canada.      The loonie was at US$0.7122 or US$1=C$1.4041 as of 9:05 a.m. CST, compared to Friday’s close at US$0.7130 or US$1=C$1.4025.      StatCan reported on Monday the country’s annual inflation rate was at 2.2 per cent […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar held relatively steady on Friday. While solid domestic economic data and gains in crude oil were supportive, broad strength in the United States dollar internationally weighed somewhat on the loonie.      The Canadian dollar settled at US$0.7130 or US$1=C$1.4025, which compares with Thursday’s close of US$0.7134 or US$1=C$1.4018.       […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, lacking any clear direction.      At 8:48 a.m. CST the Canadian dollar was trading at US$0.7133 or US$1=C$1.4019 which compares with Thursday’s close of US$0.7134 or US$1=C$1.4018.      Manufacturing sales in Canada were up 3.3 per cent in September compared to the previous month […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday, with sharp losses in equities accounting for some spillover weakness in the currency.      The Canadian dollar settled at US$0.7134 or US$1=C$1.4018, which compares with Wednesday’s close of US$0.7140 or US$1=C$1.4005.      The end of the U.S. government shutdown kept some caution in the […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, as investors weighed the end of the government shutdown in the United States.      At 8:57 a.m. CST the Canadian dollar was trading at US$0.7133 or US$1=C$1.4019 which compares with Wednesday’s close of US$0.7140 or US$1=C$1.4005.      U.S. President Donald Trump signed the bill […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer on Wednesday.      The Canadian dollar settled at US$0.7140 or US$1=C$1.4005, which compares with Monday’s close of US$0.7133 or US$1=C$1.4020. There was no closing rate on Tuesday due to Remembrance Day.      The U.S. Senate approved a compromise bill on Monday that would end the lengthy […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer Wednesday morning, lacking any clear direction as currency traders await news on the end of the government shutdown in the United States.      At 9:12 a.m. CST the Canadian dollar was trading at US$0.7137 or US$1=C$1.4011 which compares with Monday’s close of US$0.7133 or US$1=C$1.4020. Canadian […] Read more