Currency Markets

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7252 or US$1=C$1.3789, which compares with Wednesday’s close of US$0.7262 or US$1=C$1.3771. Canadian investors increased their holdings of foreign securities by C$12.3 billion in August while […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar stepped up on Wednesday. The loonie was at US$0.7262 or US$1=C$1.3771, compared to US$0.7244 or US$1=C$1.3805 on Tuesday. The United States Dollar Index was up 0.30 of a point at 103.56. Crude oil was mixed one day after Israel said it will not attack Iranian crude oil facilities. […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was firmer Wednesday morning, finding some support after declining relative to its United States counterpart for the past two weeks. At 9:27 a.m. CDT the Canadian dollar was trading at US$0.7257 or US$1=C$1.3780, which compares with Tuesday’s close of US$0.7244 or US$1=C$1.3805. Canadian manufacturing sales decreased by […] Read more

Reading Time: < 1 minute The Canadian dollar took a step back coming out of the Thanksgiving Day weekend. The loonie was at US$0.7244 or US$1=C$1.3805, compared to US$0.7267 or US$1=C$1.3761 on Friday. Statistics Canada reported today the country’s inflation rate declined to 1.6 per cent, its lowest level in more than three years. The Bank of Canada was closed […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as losses in crude oil and soft inflation data weighed on the currency. At 9:05 a.m. CDT the Canadian dollar was trading at US$0.7241 or US$1=C$1.3810, which compares with Friday’s close of US$0.7267 or US$1=C$1.3761. Canadian markets were closed Monday for Thanksgiving. Canada’s […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar held steady on Friday, while the TSX hit a record high. The Canadian dollar settled at US$0.7267 or US$1=C$1.3761 on Friday, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3754. Canada added 47,000 jobs in September, with the unemployment rate dipping by 0.1 points at 6.5 per […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost about a third of a cent on Thursday, despite spikes in crude oil prices while the United States dollar moved very little. The loonie closed at US$0.7271 or US$1=C$1.3754, compared to Wednesday’s finish of US$0.7305 or US$1=C$1.3690. On the U.S. Dollar Index, […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Thursday morning, losing ground relative to its United States counterpart for the seventh session in a row. At 9:23 a.m. CDT the Canadian dollar was trading at US$0.7265 or US$1=C$1.3765, which compares with Wednesday’s close of US$0.7305 or US$1=C$1.3690. The annual rate of inflation in […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar kept to its downward trend on Wednesday, pressured by increases in its United States counterpart and by lower crude oil prices. The loonie closed at US$0.7305 or US$1=C$1.3690, compared to Tuesday’s finish of US$0.7322 or US$1=C$1.3657. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as losses in crude oil weighed on the currency. The United States Federal Reserve will release the minutes of its last meeting later in the day. Market participants will be watching the minutes closely for hints on the Fed’s future interest rate adjustments. […] Read more