Currency Markets

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar held steady on Thursday. The Canadian dollar settled at US$0.7306 or US$1=C$1.3688, which compares with Wednesday’s close of US$0.7307 or US$1=C$1.3685. Quarterly earnings data from more major Canadian banks continued to top analysts’ expectations, with RBC, TD Bank and CIBC all showing increased profits during the quarter ended Jan. […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning. At 8:56 a.m. CST the Canadian dollar was trading at US$0.7308 or US$1=C$1.3684 which compares with Wednesday’s close of US$0.7307 or US$1=C$1.3685. Quarterly earnings data from more major Canadian banks continued to top analysts’ expectations, with RBC, TD Bank and CIBC all showing increased […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was stronger on Wednesday. The Canadian dollar settled at US$0.7307 or US$1=C$1.3685, which compares with Tuesday’s close of US$0.7295 or US$1=C$1.3708. Solid corporate earnings data from the Bank of Montreal and the National Bank of Canada lent some support to the currency. Canadian Prime Minister Mark Carney will visit […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer on Monday, dipping below 73 U.S. cents. The Canadian dollar settled at US$0.7295 or US$1=C$1.3708, which compares with Monday’s close of US$0.7305 or US$1=C$1.3689. Quarterly earnings data released Tuesday by Scotiabank beat expectations, with strong growth reported in the wealth management and capital markets divisions. Adjusted […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer Tuesday morning, touching its weakest levels relative to its United States counterpart in the past month. At 8:48 a.m. CST the Canadian dollar was trading at US$0.7283 or US$1=C$1.3731 which compares with Monday’s close of US$0.7305 or US$1=C$1.3689. Quarterly earnings data released Tuesday by Scotiabank beat expectations, […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar held steady on Monday, as investors continued to digest the latest trade uncertainty out of the United States. The Canadian dollar settled at US$0.7305 or US$1=C$1.3689, which was unchanged from Friday’s close. The U.S. Supreme Court ruled on Friday that many of President Donald Trump’s tariffs were illegal, but […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was firm Monday morning, finding support from advances in crude oil. At 8:59 a.m. CST the Canadian dollar was trading at US$0.7307 or US$1=C$1.3686 which compares with Friday’s close of US$0.7305 or US$1=C$1.3689. Investors continued to digest last week’s trade news out of the United States, as the Supreme […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar nudged up on Friday, making its first positive close in more than a week. Statistics Canada reported on Friday that December retail sales were down 0.4 per cent at C$70 billion. Also, StatCan said the industrial product price index rose 2.7 per cent in January, and […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday morning, getting little direction from its United States counterpart and crude oil. As of 8:37 am CST, the Canadian dollar was at US$0.7299 or US$1=C$1.3701, compared to Thursday’s close of US$0.7301 or US$1=C$1.3696. On the U.S. Dollar Index, the greenback inched […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar lost a tenth of a cent on Thursday, unable to capitalize on more increases in crude oil. The loonie finished at US$0.7301 or US$1=C$1.3696 compared to Wednesday’s close of US$0.7311 or US$1=C$1.3678. It has not closed higher since Feb. 10, when it peaked at US$0.7388 or […] Read more