Currency Markets

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened relative to its United States counterpart on Wednesday, as currency traders reacted to the latest interest rate announcement from the Bank of Canada. The Canadian dollar settled at US$0.6949 or US$1=C$1.4391, which compares with Tuesday’s close of US$0.6920 or US$1=C$1.4451. The BoC lowered its key overnight […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was firm Wednesday morning as currency traders reacted to the latest policy decision from the Bank of Canada. At 9:31 a.m. CDT the Canadian dollar was trading at US$0.6937 or US$1=C$1.4415 which compares with Tuesday’s close of US$0.6920 or US$1=C$1.4451. Canada’s central bank lowered its key overnight […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Tuesday, as currency traders reacted to the latest tariff threats from the United States. The Canadian dollar settled at US$0.6920 or US$1=C$1.4451, which compares with Monday’s close of US$0.6930 or US$1=C$1.4431. U.S. President Donald Trump threatened to raise tariffs on Canadian steel and aluminum […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Tuesday morning, as North American financial markets saw a continuation of Monday’s selloff amid ongoing tariff uncertainty. At 8:43 a.m. CDT the Canadian dollar was trading at US$0.6938 or US$1=C$1.4413 which compares with Monday’s close of US$0.6930 or US$1=C$1.4431. The Bank of Canada […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Monday, as currency traders adjusted positions ahead of an expected interest rate cut from the Bank of Canada later this week. Losses in equity markets and crude oil contributed to the softer tone. The Canadian dollar settled at US$0.6930 or US$1=C$1.4431, which compares with […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly weaker Monday morning, amid ongoing uncertainty over tariffs from both China and the United States. At 8:45 a.m. CST the Canadian dollar was trading at US$0.6930 or US$1=C$1.4430 which compares with Friday’s close of US$0.6958 or US$1=C$1.4371. The Bank of Canada is scheduled to make […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Friday, giving up the previous day’s gains. The loonie closed Friday at US$0.6958 or US$1=C$1.4371, compared to Thursday’s finish of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback stepped back 0.238 of a point at 103.445. United States […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning in the aftermath of sudden changes to United States tariffs. As of 8:37 am CST, the loonie was at US$0.6966 or US$1=C$1.4353 compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback was down 0.403 […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its upward swing on Thursday, after United States President Donald Trump agreed to one-month tariff reprieves for Canada and Mexico for goods covered under CUSMA. The loonie closed Thursday at US$0.6989 or US$1=C$1.4309, compared to Wednesday’s finish of US$0.6959 or US$1=C$1.4370. On […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was higher on Thursday morning as its United States counterpart continued to slide downward. As of 8:34 am CST, the loonie was at US$0.6969 or US$1=C$1.4347 compared to Wednesday’s close of US$0.6959 or US$1=C$1.4370. On the U.S. Dollar Index, the greenback gave up 0.282 of […] Read more