Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar stepped back on Monday morning as improvement in the United States dollar outweighed upticks in crude oil. As of 8:36 am CDT, the loonie was at US$0.7370 or US$1=C$1.3569 compared to Friday’s close of US$0.7383 or US$1=C$1.3545. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar took a step back to close out the week. The loonie closed at US$0.7383 or US$1=C$1.3545, compared to US$0.7400 or US$1=C$1.3514 on Thursday. Statistics Canada reported the unemployment rate rose to 6.6 per cent in August, compared to 6.4 per cent in July. However, the Canadian economy added […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was unchanged on Friday morning. The loonie was at US$0.7400 or US$1=C$1.3514 as of 8:33 a.m. CDT, the same as the Bank of Canada’s closing exchange rate on Thursday. Statistics Canada reported that Canada’s unemployment rate rose to 6.6 per cent in August, compared to 6.4 per cent in […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar inched its way back to the 74 United States cent mark on Thursday. The loonie closed at US$0.7400 or US$1=C$1.3514, compared to US$0.7394 or US$1=C$1.3525 on Wednesday. The U.S. Dollar Index dropped 0.25 of a point at 101.11. Crude oil stayed relatively steady compared to the past two […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar made its way back above the psychological 74 U.S. cent mark Thursday morning. The loonie was at US$0.7401 or US$1=C$1.3512 as of 8:40 a.m. CDT, compared to US$0.7394 or US$1=C$1.3525 on Wednesday. The United States Dollar Index was down 0.26 of a point at 101.10. An increased likelihood […] Read more

Reading Time: < 1 minute After a week of declines, the Canadian dollar made its way closer to the 74 United States cent mark on Wednesday. The loonie closed at US$0.7394 or US$1=C$1.3525, compared to US$0.7381 or US$1=C$1.3548 on Tuesday. The Bank of Canada announced earlier today it has cut its key interest rate by another 25 basis points at […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was steady on Wednesday morning. The loonie was at US$0.7381 or US$1=C$1.3548 as of 8:30 a.m. CDT, the same as the Bank of Canada’s closing exchange rate on Tuesday. The United States Dollar Index was down 0.16 of a point at 101.67. Crude oil prices continued to hit […] Read more

Reading Time: < 1 minute The Canadian dollar exited the Labour Day weekend below the 74 United States cent mark. The loonie closed at US$0.7381 or US$1=C$1.3548, compared to US$0.7412 or US$1=C$1.3491 on Friday. The Bank of Canada did not post an exchange rate on Monday due to Labour Day. The United States Dollar Index was up 0.13 of a […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar dropped below the 74 United States cent mark coming out of the Labour Day weekend. The loonie was at US$0.7384 or US$1=C$1.3542 as of 8:34 a.m. CDT, compared to US$0.7412 or US$1=C$1.3491 on Friday. The Bank of Canada did not post an exchange rate on Monday due to […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar entered the Labour Day weekend moving lower on Friday. The loonie closed at US$0.7412 or US$1=C$1.3491, compared to US$0.7422 or US$1=C$1.3474 on Thursday. Markets in Canada and the United States will be closed Monday for the holiday. The United States Dollar Index was up 0.35 of a point […] Read more