Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar climbed higher on Monday as gains in crude oil provided support,  a slightly stronger United States dollar limited the increases. The loonie closed Monday at US$0.6955 or US$1=1.4379, compared to Friday’s finish of US$0.6937 or US$1=1.4416. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Monday morning amid ongoing turmoil surrounding Prime Minister Justin Trudeau’s leadership. As of 8:44 am CST, the loonie was at US$0.6932 or US$1=C$1.4433 compared to Friday’s close of US$0.6937 or US$1=C$1.4416. On the U.S. Dollar Index, the greenback gained 0.328 of a […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped on Friday due to ongoing concerns about Prime Minister Justin Trudeau’s leadership. Trading in the loonie resumed today following Christmas and Boxing Day. The loonie closed Friday at US$0.6937 or US$1=1.4416, compared to Tuesday’s finish of US$0.6951 or US$1=1.4386. On the U.S. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was a pinch lower on Friday morning as trading in the currency resumed following Christmas and Boxing Day. As of 8:36 am CST, the loonie was at US$0.6943 or US$1=C$1.4403 compared to Tuesday’s close of US$0.6951 or US$1=C$1.4386. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute The Canadian dollar fell to another multi-year low on Monday. The loonie closed at US$0.6947 or US$1=C$1.4395, compared to US$0.6961 or US$1=C$1.4365 on Friday. The United States Dollar Index gained 0.46 of a point at 108.08, approaching the high mark for 2024. Crude oil was steady to lower on Monday despite a stronger U.S. dollar. […] Read more

Reading Time: < 1 minute The Canadian dollar resumed its ongoing decline on Monday morning. The loonie was at US$0.6935 or US$1=C$1.4420 as of 8:38 a.m. CST, compared to US$0.6961 or US$1=C$1.4365 on Friday. The Canadian markets will be closed Christmas and Boxing Day, while those in the U.S. will close only for Dec. 25. The United States Dollar Index […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stabilized on Friday, finishing virtually unchanged. The loonie closed Friday at US$0.6961 or US$1=1.4365, compared to Thursday’s finish of US$0.6959 or US$1=1.4370. On the U.S. Dollar Index, the greenback dropped 0.612 points at 107.540. Statistics Canada reported October retail sales grew 0.6 per […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Friday morning, as Prime Minister Justin Trudeau will attempt to stabilize his minority government by shuffling his cabinet this morning. As of 8:37 am CST, the loonie was at US$0.6956 or US$1=C$1.4374 compared to Thursday’s close of US$0.6959 or US$1=C$1.4380. On […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed more than a 10th  of a cent on Thursday, despite Prime Minister Justin Trudeau trying to stabilize his government’s dire political situation. Trudeau is set to shuffle his cabinet tomorrow morning, with Dominic LeBlanc widely expected to remain his new finance portfolio. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gave up almost two-tenths of a cent on Wednesday, due to a sharp hike in its United States counterpart. The loonie closed Wednesday at US$0.6972 or US$1=1.4343, compared to Tuesday’s finish of US$0.6991 or US$1=1.4305. On the U.S. Dollar Index, the greenback advanced […] Read more