Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dropped more than a half cent on Tuesday, following statements made by United States President-elect Donald Trump that he will impose 25 per cent tariffs on goods imported from Canada and Mexico on his first day of office. Reports said the tariffs could […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Tuesday morning, following the announcement by United States President-elect Donald Trump that his administration would slap a 25 per cent tariff on imported goods from Canada. As of 8:36 am CST, the loonie was at US$0.7085 or US$1=C$1.4114 compared to Monday’s close […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Monday, despite major movements in the United States dollar and crude oil. The loonie closed at US$0.7153 or US$1=C$1.3980 compared to Friday’s finish of US$0.7154 or US$1=1.3979. On the U.S. Dollar Index, the greenback lost 0.662 of a point […] Read more

Reading Time: < 1 minute The Canadian dollar was relatively steady on Monday morning, despite a sharp drop in the United States dollar As of 8:35 am CST, the loonie was at US$0.7160 or US$1=C$1.3968 compared to Friday’s close of US$0.7154 or US$1=C$1.3979. On the U.S. Dollar Index, the greenback fell 0.867 of a point at 106.640. Benchmark crude oil […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped on Friday, forfeiting almost a tenth of a cent to a stronger United States dollar but increases in crude oil halted further declines. The loonie closed at US$0.7154 or US$1=C$1.3979 compared to Thursday’s finish of US$0.7163 or US$1=1.3960. On the U.S. Dollar […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was holding relatively steady Friday morning. At 9:30 a.m. CST the Canadian dollar was trading at US$0.7151 or US$1=C$1.3984 which compares with Thursday’s close of US$0.7163 or US$1=C$1.3960. Canadian retail sales rose 0.4 per cent in September, hitting C$66.9 billion, reported Statistics Canada. Sales were up in […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was stronger on Thursday, as the market reacted to new spending measures announced by the government. The Canadian dollar settled at US$0.7163 or US$1=C$1.3960 on Thursday, which compares with Wednesday’s close of US$0.7146 or US$1=C$1.3993. Canada’s Liberal government announced C$6.3 billion in proposed new spending measures to […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Thursday morning, underpinned by gains in crude oil. At 9:10 a.m. CST the Canadian dollar was trading at US$0.7176 or US$1=C$1.3935 which compares with Wednesday’s close of US$0.7146 or US$1=C$1.3993. Canada’s Industrial Product Price Index was up by 1.2 per cent in October compared to […] Read more

Reading Time: < 1 minute The Canadian dollar dipped slightly on Wednesday as crude oil eased back, and the United States dollar posted a strong increase. The loonie closed at US$0.7146 or US$1=C$1.3993 compared to Tuesday’s finish of US$0.7153 or US$1=1.3981. On the U.S. Dollar Index, the greenback gained 0.477 of a point at 106.620. Benchmark crude oil prices stepped […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Wednesday morning. At 9:07 a.m. CST the Canadian dollar was trading at US$0.7147 or US$1=C$1.3992 which compares with Tuesday’s close of US$0.7153 or US$1=C$1.3981. Investment in building construction in Canada rose 2.1 per cent in September to hit C$21.6 billion, reported Statistics Canada. The […] Read more