Currency Markets

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, with expectations for an interest rate cut from the Bank of Canada next week weighing on the currency. At 8:34 a.m. CST the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Wednesday after seeing large moves earlier in the week. The Canadian dollar settled at US$0.6959 or US$1=C$1.4369 on Wednesday, which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Wednesday morning. At 8:49 a.m. CST the Canadian dollar was trading at US$0.6956 or US$1=C$1.4376 which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous month, while the Raw […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer on Tuesday, as financial markets continued to try and make sense of shifting tariff-talk from United States President Donald Trump. The Canadian dollar settled at US$0.6961 or US$1=C$1.4366 on Tuesday, which compares with Monday’s close of US$0.6978 or US$1=C$1.4330. While no tariffs on Canadian […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as currency markets reacted to the latest musings from United States President Donald Trump on trade. At 8:43 a.m. CST the Canadian dollar was trading at US$0.6938 or US$1=C$1.4413 which compares with Monday’s close of US$0.6978 or US$1=C$1.4330. While no tariffs on Canadian […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Monday, as Donald Trump backed away from imposing tariffs on Canadian imports as he had threatened in the lead up to his inauguration. The Canadian dollar settled at US$0.6978 or US$1=C$1.4330 on Monday, which compares with Friday’s close of US$0.6928 or US$1=C$1.4435. Donald Trump was […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Monday morning, posting solid gains relative to its United States counterpart to start the week. At 8:47 a.m. CST the Canadian dollar was trading at US$0.7011 or US$1=C$1.4263 which compares with Friday’s close of US$0.6928 or US$1=C$1.4435. Donald Trump takes office as the next U.S. […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar moved lower on Friday due to an increase in the United States dollar and losses in crude oil. The loonie closed at US$0.6928 or US$1=C$1.4435, down from US$0.6950 or US$1=C$1.4388 on Thursday. The U.S. Dollar Index was up 0.45 of a point at 109.40. The U.S. markets […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell sharply on Friday morning. The loonie was at US$0.6921 or US$1=C$1.4449 as of 8:35 a.m. CST, compared to Thursday’s close at US$0.6950 or US$1=C$1.4388. The United States Dollar Index gained 0.43 of a point at 109.39. Crude oil was lower as the Israel-Hamas ceasefire outweighed sanctions […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6950 or US$1=C$1.4388, down from US$0.6976 or US$1=C$1.4334 on Wednesday. However, the United States Dollar Index was down 0.13 of a point at 108.96. Crude oil eased off from expectations the Israel-Hamas ceasefire will halt attacks by […] Read more