Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was a pinch lower on Wednesday morning, due to pressure from a strong United States dollar. As of 8:41 am CST, the loonie was at US$0.6987 or US$1=C$1.4312 compared to Tuesday’s close of US$0.6991 or US$1=C$1.4305. On the U.S. Dollar Index, the greenback nudged up […] Read more

Reading Time: < 1 minute The Canadian dollar finished under 70 United States cents on Tuesday, in the face of a strong U.S. counterpart and more declines in crude oil. The loonie closed Tuesday at US$0.6991 or US$1=1.4305, compared to Monday’s finish of US$0.7023 or US$1=1.4239 – levels unseen since the COVID-19 pandemic. On the U.S. Dollar Index, the greenback […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was on the verge of sliding below 70 United States cents on Tuesday morning, as the U.S. dollar remained firm and crude oil fell back. As of 8:33 am CST, the loonie was at US$0.7000 or US$1=C$1.4284 compared to Monday’s close of US$0.7023 or US$1=C$1.4239. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was relatively steady on Monday, with losses in the United States dollar and crude oil countering each other. The loonie closed Monday at US$0.7023 or US$1=1.4239, compared to Friday’s finish of US$0.7027 or US$1=1.4231. On the U.S. Dollar Index, the greenback dipped 0.079 […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Monday morning, in the face of a still strong United States dollar. As of 8:42 am CST, the loonie was at US$0.7014 or US$1=C$1.4257 compared to Friday’s close of US$0.7027 or US$1=C$1.4231. On the U.S. Dollar Index, the greenback nudged up 0.051 […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar fell to fresh multi-year lows relative to its United States counterpart to end the week. Uncertainty over a looming trade war with the U.S. accounted for some of the weakness. The Canadian dollar settled at US$0.7027 or US$1=C$1.4231 on Friday, which compares with Thursday’s close of US$0.7048 […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Friday morning, hitting fresh multi-year lows relative to its United States counterpart. At 8:36 a.m. CST the Canadian dollar was trading at US$0.7034 or US$1=C$1.4217 which compares with Thursday’s close of US$0.7048 or US$1=C$1.4188. Canadian manufacturing sales rose 2.1 per cent in October to C$70.8 […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Thursday, hitting a fresh four-and-a-half-year low relative to its United States counterpart.The Canadian dollar settled at US$0.7048 or US$1=C$1.4188 on Thursday, which compares with Wednesday’s close of US$0.7065 or US$1=C$1.4154. Stronger than expected inflation data out of the U.S. heightened expectations for widening interest […] Read more

Reading Time: < 1 minute By MarketsFarm   Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer Thursday morning, a day after the Bank of Canada cut interest rates by 50 basis points. At 9:24 a.m. CST the Canadian dollar was trading at US$0.7050 or US$1=C$1.4184 which compares with Wednesday’s close of US$0.7065 or US$1=C$1.4154. The total value of […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer on Wednesday, seeing a muted reaction to the latest monetary policy announcement from the Bank of Canada. The Canadian dollar settled at US$0.7065 or US$1=C$1.4154 on Wednesday, which compares with Tuesday’s close of US$0.7059 or US$1=C$1.4167. Canada’s central bank cut its key overnight interest […] Read more