Currency Markets

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar closed Monday on a high note, buoyed by gains in crude oil.     The loonie rose to US$0.7133 or US$1=C$1.4020 on Monday, compared to US$0.7111 or US$1=C$1.4063 on Friday.      The United States Dollar Index was down 0.03 of a point at 99.58. On Sunday, the U.S. Senate passed a […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar advanced on Monday, getting some support from higher crude oil prices.      The loonie was at US$0.7124 or US$1=C$1.4037 as of 8:32 a.m. CST, compared to Friday’s close at US$0.7111 or US$1=C$1.4063.      The United States Dollar Index was down 0.05 of a point at 99.55. The U.S. Senate […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed above 71 U.S. cents on Friday, spurred on by a decline in the United States dollar and increases in crude oil. The loonie closed at US$0.7111 or US$1=C$1.4063 compared to Thursday’s close of US$0.7084 or US$1=C$1.4116. On the U.S. Dollar Index, the […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar climbed above 71 U.S. cents on Friday morning, due to increases in crude oil and the employment report from Statistics Canada. As of 8:36 am CST, the loonie was at US$0.7106 or US$1=C$1.4074 compared to Thursday’s close of US$0.7084 or US$1=C$1.4116. On the U.S. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, buoyed by a sharp drop in the United States dollar while lacking support from crude oil. The loonie closed at US$0.7084 or US$1=C$1.4116 compared to Wednesday’s close of US$0.7082 or US$1=C$1.4120. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar bumped up slightly on Thursday morning, as its United States counterpart reversed course. As of 8:35 am CST, the loonie was at US$0.7087 or US$1=C$1.4111 compared to Wednesday’s close of US$0.7082 or US$1=C$1.4120. On the U.S. Dollar Index, the greenback fell 0.329 of a […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back some more on Wednesday, feeling the impact of yesterday’s federal budget. The loonie closed at US$0.7082 or US$1=C$1.4120 compared to Tuesday’s close of US$0.7097 or US$1=C$1.4090. With C$1 trillion in major infrastructure and industrial investments, along with the impact of United […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its decline on Wednesday morning, following the federal government introducing its budget. As of 8:41 am CST, the loonie was at US$0.7078 or US$1=C$1.4126 compared to Tuesday’s close of US$0.7097 or US$1=C$1.4090. Introduced in the House of Commons on Tuesday, the Liberal budget […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar eased back Tuesday, shortly after the federal Liberal government introduced its budget, which has a heavy focus on capital spending. The loonie closed at US$0.7097 or US$1=C$1.4090 compared to Monday’s close of US$0.7114 or US$1=C$1.4057. Finance Minister François-Philippe Champagne said today’s spending blueprint […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped below 71 U.S. cents on Tuesday morning, as the United States dollar swung higher and crude oil slipped back. There may also be positioning ahead of today’s federal budget this afternoon. The Liberal government is expected to introduce a budget that brings cost […] Read more