Currency Markets

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar dropped sharply on Thursday, closing at its lowest level since April 15. The loonie ended the day at US$0.7191 or US$1=C$1.3907, compared to US$0.7248 or US$1=C$1.3796 on Wednesday. The United States Dollar Index jumped 1.06 points at 100.67 as the markets anticipate trade talks between the U.S. and […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning, giving up nearly a half cent to a stronger United States dollar. The loonie was at US$0.7201 or US$1=C$1.3887 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7248 or US$1=C$1.3796. The United States Dollar Index increased 0.41 of a point at 100.02. On Wednesday, […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Wednesday. The loonie ended the day at US$0.7248 or US$1=C$1.3796, compared to US$0.7255 or US$1=C$1.3783 on Tuesday. Statistics Canada reported today that that February retail sales totaled C$56.9 billion, up one per cent from January. The United States Dollar Index jumped 0.67 of a […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was slightly lower on Wednesday morning. The loonie was at US$0.7250 or US$1=C$1.3793 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7255 or US$1=C$1.3783. Statistics Canada reported today that February retail sales totaled C$56.9 billion, up one per cent from January. The United States Dollar […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar advanced on Tuesday, as prices for crude oil and gold shot upward. The loonie ended the day at US$0.7255 or US$1=C$1.3783, compared to US$0.7240 or US$1=C$1.3813 on Monday. The United States Dollar Index fell 0.62 of a point at 99.21. Statistics Canada reported today the country had a merchandise […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar made its way higher on Tuesday morning. The loonie was at US$0.7252 or US$1=C$1.3789 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7240 or US$1=C$1.3813. The United States Dollar Index dropped 0.37 of a point at 99.46. Bargain buying after prices fell to their lowest […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back to start the week. The loonie closed at US$0.7240 or US$1=C$1.3813 on Monday, compared to US$0.7246 or US$1=C$1.3800 on Friday. The United States Dollar Index was down 0.25 of a point at 99.78. OPEC+’s decision to raise crude oil output by 411,000 barrels […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar stayed relatively steady coming out of the weekend despite an ongoing decline in crude oil prices. The loonie was at US$0.7242 or US$1=C$1.3808 as of 8:35 a.m. CDT, compared to Friday’s close at US$0.7246 or US$1=C$1.3800. The United States Dollar Index dropped below the 100-point mark, losing […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed the week on a high note Friday by adding nearly two-tenths of a cent. The loonie finished at US$0.7246 or US$1=C$1.3800, compared to Thursday’s close of US$0.7228 or US$1=C$1.3836. On the U.S. Dollar Index, the greenback lost 0.204 of a point at […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Friday morning due to a weaker United States dollar. As of 8:38 am CDT, the loonie was at US$0.7257 or US$1=C$1.3778 compared to Thursday’s close of US$0.7228 or US$1=C$1.3836. On the U.S. Dollar Index, the greenback lost 0.619 of a point at […] Read more