Currency Markets

Reading Time: < 1 minute The Canadian dollar ended Thursday with its highest close since November. The loonie closed at US$0.7217 or US$1=C$1.3857, compared to US$0.7199 or US$1=C$1.3890 on Wednesday. The Bank of Canada will not release a closing exchange rate on Friday due to Good Friday. The United States Dollar Index was relatively steady, up 0.01 of a point […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise Thursday morning. The loonie was at US$0.7205 or US$1=C$1.3879 as of 8:39 a.m. CDT, higher than US$0.7199 or US$1=C$1.3890 at Wednesday’s close. The United States Dollar Index was up 0.09 of a point at 99.47. Markets in Canada and the U.S. will be closed […] Read more

Reading Time: < 1 minute The Canadian dollar ended Wednesday just shy of the 72 United States cent mark. The loonie closed at US$0.7199 or US$1=C$1.3890, compared to US$0.7177 or US$1=C$1.3934 on Tuesday. The Bank of Canada announced this morning that it was leaving its key interest rate unchanged at 2.75 per cent. It was the first time the central […] Read more

Reading Time: < 1 minute The Canadian dollar made a slow climb upward on Wednesday morning. The loonie was at US$0.7181 or US$1=C$1.3920 as of 8:41 a.m. CDT, slightly higher than US$0.7177 or US$1=C$1.3926 at Tuesday’s close. The United States Dollar Index was down 0.59 of a point at 99.62. The Bank of Canada announced this morning it was leaving […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped below the 72 United States cent mark on Tuesday as the country’s inflation rate slowed down in March. The loonie ended the day at US$0.7177 or US$1=C$1.3934, compared to US$0.7204 or US$1=C$1.3881 on Monday. Statistics Canada reported earlier today the year-by-year inflation rate was 2.3 per cent […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was unchanged on Tuesday morning. The loonie was at US$0.7204 or US$1=C$1.3881 as of 8:28 a.m. CDT, the same as Monday’s close. Statistics Canada reported today the annual inflation rate cooled down to 2.3 per cent in March, down from 2.6 per cent in February, due to lower […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar closed above the 72 United States cent mark for the first time since November. The loonie ended the day at US$0.7204 or US$1=C$1.3881, compared to US$0.7199 or US$1=C$1.3890 on Friday. Statistics Canada reported earlier today that wholesale trade in February, excluding petroleum, oilseeds and grains, rose 0.3 […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar remained steady on Monday morning. The loonie was at US$0.7197 or US$1=C$1.3895 as of 8:31 a.m. CDT, compared to Friday’s close at US$0.7199 or US$1=C$1.3890. After announcing the exclusion of electronics from tariffs on Friday, United States President Donald Trump said on Sunday he would place tariffs […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its upward swing on Friday, climbing almost two-thirds of a cent and just short of 72 U.S. cents. The loonie closed Friday at US$0.7199 or US$1=C$1.3890, compared to Thursday’s finish of US$0.7135 or US$1=C$1.4015. On the United States Dollar Index, the greenback […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar surged ahead on Friday morning as the United States Dollar Index fell below the 100-point mark. As of 8:37 am CDT, the loonie was at US$0.7207 or US$1=C$1.3873 compared to Thursday’s close of US$0.7135 or US$1=C$1.4015. On the index, the greenback dropped 1.335 points at […] Read more