Currency Markets

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar jumped to start the week, approaching the 72 United States cent mark. The loonie was at US$0.7197 or US$1=C$1.3894, compared to US$0.7178 or US$1=C$1.3932 on Friday. The United States Dollar Index was down 0.37 of a point at 103.91. Crude oil rose on Monday after OPEC+ announced […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar started the week strong. The loonie was at US$0.7198 or US$1=C$1.3893 as of 8:38 a.m. CST, compared to US$0.7178 or US$1=C$1.3932 on Friday. The United States Dollar Index plunged 0.58 of a point at 103.70. The Federal Reserve will make its key interest rate announcement on Wednesday […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was down on Friday, as its United States counterpart added strength. The loonie was at US$0.7178 or US$1=C$1.3932 compared to Thursday’s close of US$0.7196 or US$1=1.3916. On the United States Dollar Index, the greenback gained 0.377 of a point at 104.255. Benchmark crude […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Friday morning, as the loonie’s previous declines, due to the Bank of Canada’s more aggressive interest rate cuts compared to those by the United States Federal Reserve, seem to have run their course. As of 8:36 am CDT, the loonie was […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was unchanged on Thursday following the latest Statistics Canada report on the country’s economy. The loonie remained at US$0.7186 or US$1=C$1.3915. On the United States Dollar Index, the greenback shed 0.052 of a point at 103.810. StatCan said Canada’s gross domestic product likely […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was attempting to regain some lost strength on Thursday morning. As of 8:38 am CDT, the loonie was at US$0.7196 or US$1=C$1.3897 compared to Wednesday’s close of US$0.7186 or US$1=C$1.3915. On the U.S. Dollar Index, the greenback dipped 0.022 of a point at 103.840. Statistics […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was relatively steady on Wednesday as it remained at levels unseen since 2020. The loonie closed at US$0.7186 or US$1=C$1.3915, compared to Tuesday’s finish of US$0.7189 or US$1=C$1.3911. On the United States Dollar Index, the greenback gave up 0.246 of a point at […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar continued its retreat on Wednesday morning despite little movement in its United States counterpart. As of 8:37 am CDT, the loonie was at US$0.7178 or US$1=C$1.3931 compared to Tuesday’s close of US$0.7189 or US$1=C$1.3911. On the U.S. Dollar Index, the greenback nudged up 0.024 of […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped further back on Tuesday as crude oil gave up its increases. The loonie closed at US$0.7189 or US$1=C$1.3911, compared to Monday’s finish of US$0.7197 or US$1=C$1.3895. On the U.S. Dollar Index, the greenback dipped 0.013 of a point at 104.170. Earlier gains […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar dipped Tuesday morning due to gains in its United States counterpart. As of 8:34 am CDT, the loonie was at US$0.7190 or US$1=C$1.3907 compared to Monday’s close of US$0.7197 or US$1=C$1.3895. On the U.S. Dollar Index, the greenback rose 0.287 of a point at 104.440. […] Read more