Currency Markets

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was unchanged coming out of the weekend while crude oil prices dropped.      The loonie was at US$0.7390 or US$1=C$1.3532 as of 8:31 a.m. CDT. The United States Dollar Index declined by 0.16 of a point at 99.49.      Crude oil prices fell this morning after U.S. President Donald […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday, as world financial markets continued to react to the shifting news out of the Middle East. The Canadian dollar settled at US$0.7290 or US$1=C$1.3718, which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7295 or US$1=C$1.3708 which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in January from the previous month at C$70.7 billion, reported Statistics Canada. […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday. The Canadian dollar settled at US$0.7284 or US$1=C$1.3728, which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada and the U.S. Federal Reserve left their key interest rates unchanged in policy announcements on Wednesday but warned of higher inflation. The Bank […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Thursday morning, pressured by a declining appetite for risk in global financial markets amid the ongoing war in the Middle East. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. The Bank of Canada […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Wednesday, as currency markets had a muted response to steady interest rate policy announcements from Canada and the United States. The Canadian dollar settled at US$0.7296 or US$1=C$1.3706, which compares with Tuesday’s close of US$0.7300 or US$1=C$1.3699. The Bank of Canada and the U.S. Federal […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Wednesday morning ahead of the latest policy announcements from the Bank of Canada and the United States Federal Reserve. At 8:36 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719 which compares with Tuesday’s close of US$0.7300 or US$1=C$1.3699. Most analysts expect the Bank of […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer on Tuesday, as currency traders adjusted positions ahead of policy announcements from several central banks later this week. The Canadian dollar settled at US$0.7300 or US$1=C$1.3699, which compares with Monday’s close of US$0.7313 or US$1=C$1.3675. The Bank of Canada and the U.S. Federal Reserve will announce their […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Tuesday morning as currency markets awaited key policy announcements later this week. At 9:50 a.m. CDT the Canadian dollar was trading at US$0.7300 or US$1=C$1.3699 which compares with Monday’s close of US$0.7313 or US$1=C$1.3675. The Bank of Canada and the […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was stronger on Monday, despite soft inflation data and losses in crude oil. The Canadian dollar settled at US$0.7313 or US$1=C$1.3675, which compares with Friday’s close of US$0.7291 or US$1=C$1.3716. Canada’s consumer price index (CPI) increased by 1.8 per cent on an annual basis in February, slowing from the […] Read more