Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar was lower on Monday morning, as the United States dollar continued to gain strength and despite stronger crude oil prices. As of 8:50 am CDT, the Canadian dollar was at US$0.7179 or US$1=C$1.3929 compared to Friday’s close of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar Index, […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar remained in retreat on Friday while crude oil prices climbed higher.      The loonie closed at US$0.7207 or US$1=C$1.3875, compared to US$0.7223 or C$1=C$1.3844 on Thursday. The United States Dollar Index gained 0.26 of a point at 100.16.      Despite U.S. President Donald Trump extending his deadline for Iran […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar maintained its downward momentum on Friday morning, while crude oil prices were on the rise.      The loonie was at US$0.7213 or US$1=C$1.3864 as of 8:31 a.m. CDT, compared to Thursday’s close at US$0.7223 or US$1=C$1.3844. The United States Dollar Index was up 0.12 of a point at 100.02. […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar retreated on Thursday while crude oil prices turned higher.      The loonie closed at US$0.7223 or US$1=C$1.3844, compared to US$0.7246 or C$1=C$1.3801 on Wednesday.      The United States Dollar Index gained 0.41 of a point at 100.01.      Crude oil advanced after U.S. President Donald Trump warned Iran on […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar continued to ease off on Thursday morning although crude oil prices regained their upward momentum.      The loonie was at US$0.7230 or US$1=C$1.3831 as of 8:35 a.m. CDT, compared to Wednesday’s close at US$0.7246 or US$1=C$1.3801. The United States Dollar Index was up 0.29 of a point at 99.89. […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar declined for the second straight day on Wednesday as crude oil prices eased off.      The loonie closed at US$0.7246 or US$1=C$1.3801, compared to US$0.7267 or C$1=C$1.3761 on Tuesday.      The United States Dollar Index gained 0.20 of a point at 99.63.      Crude oil retreated after the U.S. […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar declined Wednesday morning along with crude oil after the United States sent a ceasefire plan to Iran.      The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Tuesday’s close at US$0.7267 or US$1=C$1.3761. The United States Dollar Index was down 0.04 of a point […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was lower on Tuesday, despite rising crude oil prices.      As of 3:35 p.m. CDT, the loonie was at US$0.7269 or US$1=C$1.3757, compared to US$0.7290 or C$1=C$1.3717 on Monday. The Bank of Canada had yet to post its closing exchange rate at press time.      The United States Dollar […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar declined Tuesday morning as crude oil tried to rebound from Monday’s losses.      The loonie was at US$0.7266 or US$1=C$1.3763 as of 8:38 a.m. CDT, compared to Monday’s close at US$0.7290 or US$1=C$1.3717. The United States Dollar Index gained 0.52 of a point at 99.47.      Crude oil prices […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was unchanged on Monday, amidst falling crude oil prices and a weaker United States dollar.      The loonie closed at US$0.7290 or US$1=C$1.3717, the same rate as Friday. The U.S. Dollar Index lost half a point at 99.14.      Crude oil dropped after U.S. President Donald Trump said he […] Read more