Currency Markets

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its rise on Wednesday with its best close in nearly three weeks. The loonie ended Wednesday at US$0.7348 or US$1=C$1.3609, compared to US$0.7334 or US$1=C$1.3635 on Tuesday. The United States Dollar Index dropped 0.19 of a point at 97.20. U.S. President Donald Trump announced new trade deals […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar maintained its upward momentum on Wednesday morning. The loonie was at US$0.7348 or US$1=C$1.3609 as of 8:36 a.m. CDT, compared to Tuesday’s close at US$0.7334 or US$1=C$1.3635. The United States Dollar Index was up 0.12 of a point at 97.51. Crude oil prices slipped again as investors […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar gained strength on Tuesday, closing at its highest level in 18 days. The loonie ended Tuesday at US$0.7334 or US$1=C$1.3635, compared to US$0.7303 or US$1=C$1.3693 on Monday. Earlier today, Canadian Prime Minister Mark Carney briefed the premiers on ongoing trade negotiations with the United States, telling reporters that he’ll […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar showed strength for the second straight day on Tuesday. The loonie was at US$0.7314 or US$1=C$1.3672 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7303 or US$1=C$1.3693. The United States Dollar Index was down 0.05 of a point at 97.80. Crude oil prices declined due […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar closed above the 73 United States cent mark for the first time in a week. The loonie ended Monday at US$0.7303 or US$1=C$1.3693, compared to US$0.7289 or US$1=C$1.3720 on Friday. The U.S. Dollar Index fell 0.64 of a point at 97.84 as markets became wary of President Donald Trump’s […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar moved above the 73 United States cent mark on Monday morning. The loonie was at US$0.7303 or US$1=C$1.3693 as of 9:40 a.m. CDT, compared to Friday’s close at US$0.7289 or US$1=C$1.3720. Canadian Prime Minister Mark Carney and Canada’s premiers will meet for a three-day summit in Muskoka, Ont. […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar strengthened Friday, as dovish comments out of the United States Federal Reserve weighed on the U.S. currency. The Canadian dollar settled at US$0.7289 or US$1=C$1.3720, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3753. The total value of investment in building construction was down by 2.2 per cent in […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning, as financial markets reacted to optimistic trade updates, including a deal on dairy with New Zealand and talk that Canada was advancing discussions with South America’s Mercosur group. At 9:39 a.m. CDT the Canadian dollar was trading at US$0.7288 or US$1=C$1.3721 which compares with […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was weaker on Thursday, as its United States counterpart regained lost ground in international trade. The Canadian dollar settled at US$0.7271 or US$1=C$1.3753, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3712. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Thursday morning, as the United States currency saw some strength internationally. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled currency markets on Wednesday, but Trump later walked back those comments. At 9:28 a.m. CDT the Canadian dollar was […] Read more