Currency Markets

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly weaker relative to its United States counterpart Tuesday morning. At 8:46 a.m. CDT the Canadian dollar was trading at US$0.7222 or US$1=C$1.3847 which compares with Monday’s close of US$0.7236 or US$1=C$1.3820. Canada’s Industrial Product Price Index was up 0.5 per cent in March compared to […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was higher on Monday, as trading resumed following the Easter long weekend. The loonie closed on Monday at US$0.7236 or US$1=C$1.3820, compared to Thursday’s finish of US$0.7217 or US$1=C$1.3857. On the United States Dollar Index, the greenback dropped 0.994 of a point at […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was firmer Monday morning, although activity was somewhat subdued with European markets closed for Easter Monday. Some Canadian federal institutions are also closed today. Broad weakness in the United States dollar internationally accounted for some of the relative strength in the Canadian currency, amid ongoing uncertainty over […] Read more

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