Currency Markets

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar stayed relatively steady on Friday morning. The loonie was at US$0.7279 or US$1=C$1.3739 as of 8:49 a.m. CDT, compared to US$0.7276 or US$1=C$1.3743 on Thursday. Statistics Canada reported on Friday the country lost 2,800 jobs in July, but the unemployment rate remained the same at 6.4 per cent. The […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Thursday morning. The loonie was at US$0.7270 or US$1=C$1.3755 as of 8:37 a.m. CDT, compared to US$0.7279 or US$1=C$1.3739 on Wednesday. The United States Dollar Index gained 0.23 of a point at 103.43. Despite ongoing tensions in the Middle East, crude oil […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar jumped to its highest point in nearly three weeks on Wednesday, supported by crude oil prices. The loonie closed at US$0.7279 or US$1=C$1.3739, compared to US$0.7250 or US$1=C$1.3794 on Tuesday. However, the United States Dollar Index was up 0.23 of a point at 103.20. Rising tensions in the Middle […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar continued to rise sharply on Wednesday morning. The loonie was at US$0.7280 or US$1=C$1.3736 as of 8:42 a.m. CDT, compared to US$0.7250 or US$1=C$1.3794 on Tuesday. The United States Dollar Index gained 0.19 of a point at 103.16. Tensions in the Middle East allowed crude oil to move upwards […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar rose to its highest point in nearly two weeks on Tuesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7216 or US$1=C$1.3858 on Friday. The Bank of Canada (BoC) did not publish a closing price on Monday due to the Civic Holiday. The United States Dollar Index was […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was gaining ground on Tuesday morning. The loonie was at US$0.7248 or US$1=C$1.3797 as of 9:30 a.m. CDT, compared to US$0.7233 or US$1=C$1.3826 on Friday. The United States Dollar Index gained 0.28 of a point at 102.97. Crude oil prices were higher on Tuesday. Brent crude oil gained US$0.36 […] Read more

Reading Time: < 1 minute The Canadian dollar dipped slightly on Friday to close the week. The loonie closed at US$0.7216 or US$1=C$1.3858, compared to US$0.7222 or US$1=C$1.3846 on Thursday. The United States Dollar Index fell 1.20 points at 103.22. Crude oil prices sank on Friday due to demand concerns despite escalations in the Middle East. West Texas Intermediate (WTI) […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin        Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Friday morning. At 8:48 a.m. CDT the Canadian dollar was trading at US$0.7220 or US$1=C$1.3850, which compares with Thursday’s close of US$0.7222 or US$1=C$1.3846. Crude oil was weaker in early activity, as a slowdown in jobs growth in the United […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Thursday, as weak economic data out of the United States had investors backing away from riskier assets. The Canadian dollar settled at US$0.7222 or US$1=C$1.3846 on Thursday, which compares with Wednesday’s close of US$0.7242 or US$1=C$1.3809. Crude oil was also weaker, […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Thursday morning. At 9:15 a.m. CDT the Canadian dollar was trading at US$0.7235 or US$1=C$1.3822, which compares with Wednesday’s close of US$0.7242 or US$1=C$1.3809. Canadian manufacturing activity slowed in July, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) dipping to […] Read more