Currency Markets

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar declined on Thursday morning. The loonie was at US$0.7242 or US$1=C$1.3808 as of 8:28 a.m. CDT, compared to Wednesday’s close at US$0.7250 or US$1=C$1.3794. The United States Dollar Index was up 0.13 of a point at 98.27. Data from processing firm ADP published Thursday morning said private payrolls in […] Read more

Reading Time: < 1 minute The Canadian dollar was relatively steady on Wednesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7252 or US$1=C$1.3789 on Tuesday. The United States Dollar Index was down 0.24 of a point at 98.15. Crude oil prices fell on Wednesday after reports suggested OPEC+ could decide at its meeting on Sunday to raise output […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was slightly lower on Wednesday morning. The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7252 or US$1=C$1.3789. The United States Dollar Index was down 0.08 of a point at 98.32. Crude oil prices retreated after reports suggested OPEC+ could decide […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was in reverse coming out of the Labour Day weekend. The loonie closed at US$0.7252 or US$1=C$1.3789 on Tuesday, compared to US$0.7277 or US$1=C$1.3742 on Friday. The Bank of Canada did not publish a closing rate on Monday due to the holiday. The United States Dollar Index was up […] Read more

Reading Time: < 1 minute The Canadian dollar turned lower on Tuesday morning. The loonie was at US$0.7245 or US$1=C$1.3803 as of 8:31 a.m. CDT, compared to Friday’s close at US$0.7277 or US$1=C$1.3742. The Bank of Canada did not publish a closing rate on Monday due to Labour Day. The United States Dollar Index was up 0.60 of a point […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar ended the week with its highest close in a month. The loonie closed at US$0.7277 or US$1=C$1.3742 on Friday, compared to US$0.7270 or US$1=C$1.3756 on Thursday. By comparison, last week’s close was US$0.7218 or US$1=C$1.3854. Statistics Canada reported today that Canada’s economy shrank by 1.6 per cent in the […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar turned lower on Friday morning, taking hits from gains in the United States dollar and losses in crude oil. The loonie was at US$0.7259 or US$1=C$1.3776 as of 8:29 a.m. CDT, compared to Thursday’s close at US$0.7270 or US$1=C$1.3756. Statistics Canada reported today that the country’s economy shrank by […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar had its highest closing price in nearly three weeks on Thursday. The loonie closed at US$0.7270 or US$1=C$1.3756 on Thursday, compared to US$0.7235 or US$1=C$1.3821 on Wednesday. Statistics Canada reported today a 12,100 increase in job vacancies in June at 492,000, with much of the increase in the construction […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was claiming lost ground on Thursday morning as its United States counterpart stepped back. As of 8:53 am CDT, the loonie was at US$0.7257 or US$1=C$1.3778 compared to Wednesday’s close of US$0.7235 or US$1=C$1.3821. On the United States Dollar Index, the greenback was down […] Read more

Reading Time: < 1 minute The Canadian dollar reached its highest close in nine days on Wednesday, aided by higher crude oil prices. The loonie closed at US$0.7235 or US$1=C$1.3821 on Wednesday, compared to US$0.7227 or US$1=C$1.3837 on Tuesday. The United States Dollar Index was unchanged at 98.23 points. Crude oil prices recovered some of its Tuesday losses despite the […] Read more