Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar turned around to push higher on Tuesday morning due to weakness in its United States counterpart and a good economic news. Declines in crude oil tempered the upside. As of 8:37 am CDT, the loonie was at US$0.7294 or US$1=C$1.3709 compared to Monday’s close of […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued to step back on Monday, with weakness in crude oil weighing on values. However, losses in the United States dollar tempered further declines. The loonie finished at US$0.7270 or US$1=C$1.3755, compared to Friday’s close of US$0.7284 or US$1=C$1.3728. The U.S. Dollar Index […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar fell back on Monday morning as its United States counterpart gained strength. As of 8:35 am CDT, the loonie was at US$0.7258 or US$1=C$1.3775 compared to Friday’s close of US$0.7284 or US$1=C$1.3728. On the U.S. Dollar Index, the greenback advanced 0.568 of a point at […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Friday to end a negative week for the currency. The loonie closed the day at US$0.7284 or US$1=C$1.3728, compared to US$0.7287 or US$1=C$1.36724 on Thursday. It ended the week down seven-tenths of a U.S. cent compared to June 13. The United States Dollar Index […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar saw a slight decline on Friday morning, putting it on track for one of its worst performing weeks in recent memory. The loonie was at US$0.7283 or US$1=C$1.3731 as of 8:34 a.m. CDT, compared to Thursday’s close at US$0.7287 or US$1=C$1.3724. The United States Dollar Index was down […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back below the 73 United States cent mark on Thursday. The loonie closed the day at US$0.7287 or US$1=C$1.3724, compared to US$0.7314 or US$1=C$1.3673 on Wednesday. Statistics Canada reported on Thursday that the country’s unemployment rate increased to 6.9 per cent in April, compared to 6.2 […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell below the 73 United States cent mark early Thursday. The loonie was at US$0.7289 or US$1=C$1.3719 as of 8:34 a.m. CDT, compared to Wednesday’s close at US$0.7314 or US$1=C$1.3673. The U.S. Dollar Index was up 0.02 of a point at 98.92. The U.S. Federal Reserve announced […] Read more

Reading Time: < 1 minute The Canadian dollar took a tumble on Wednesday as the United States Federal Reserve left its key interest rates unchanged. The loonie closed the day at US$0.7314 or US$1=C$1.3673, compared to US$0.7351 or US$1=C$1.3603 on Tuesday. The U.S. Dollar Index was down 0.18 of a point at 98.64. Fed chairman Jerome Powell also said it may […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar The Canadian continued to decline on Wednesday morning, adding to losses incurred on Tuesday. The loonie was at US$0.7325 or US$1=C$1.3652 as of 8:32 a.m. CDT, compared to Tuesday’s close at US$0.7351 or US$1=C$1.3603. The United States Dollar Index was down 0.13 of a point at 98.69. The […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar closed lower on Tuesday as the conflict between Israel and Iran continues to escalate. The loonie finished the day at US$0.7351 or US$1=C$1.3603, compared to US$0.7376 or US$1=C$1.3558 on Monday. The United States Dollar Index jumped 0.81 of a point at 98.81. U.S. President Donald Trump urged for Iran’s […] Read more