Currency Markets

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar dipped back further on Wednesday, adding to yesterday’s decline. The loonie closed at US$0.7281 or US$1=C$1.3734, compared to Tuesday’s finish of US$0.7297 or US$1=C$1.3705. On the U.S. Dollar Index, the greenback added 0.130 of a point at 104.430. Benchmark crude oil prices were slightly […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Wednesday morning, as the United States dollar made a small gain and crude oil slipped back. As of 8:36 am CDT, the loonie was at US$0.7278 or US$1=C$1.3737 compared to Tuesday’s close of US$0.7297 or C$1.3705. On the U.S. Dollar Index, […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell back on Tuesday, losing almost a quarter of a cent due to gains in the United States dollar. The loonie closed at US$0.7297 or US$1=C$1.3705, compared to Monday’s finish of US$0.7320 or US$1=C$1.3661. On the U.S. Dollar Index, the greenback added 0.301 of […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Tuesday morning, as its United States counterpart inched upward while crude oil dipped back. As of 8:51 am CDT, the loonie was at US$0.7306 or US$1=C$1.3684 compared to Monday’s close of US$0.7320 or C$1.3661. On the United States Dollar Index, the […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged up on Monday, supported by gains in crude oil. The loonie closed at US$0.7320 or US$1=C$1.3661, compared to Friday’s finish of US$0.7314 or US$1=C$1.3672. On the U.S. Dollar Index, the greenback tacked on 0.017 of a point at 104.565. Benchmark crude oil prices […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was a pinch higher on Monday morning, propped up by small increases in crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7322 or US$1=C$1.3657 compared to Friday’s close of US$0.7314 or C$1.3672. On the United States Dollar Index, the greenback […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar entered the weekend making gains. The loonie closed at US$0.7314 or US$1=C$1.3672, compared to US$0.7300 or US$1=C$1.3698 on Thursday. The United States Dollar Index declined 0.26 of a point at 105.04. The Labor Department reported earlier today that the country added 175,000 jobs in April, the smallest gain in […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar sought to end the week on a high note. The loonie was at US$0.7331 or US$1=C$1.3641 as of 8:41 a.m. CDT, compared to US$0.7300 or US$1=C$1.3698 on Thursday. The United States Dollar Index dropped 0.46 of a point at 104.84. U.S. employers added 175,000 jobs in April, according to […] Read more

Reading Time: < 1 minute The Canadian dollar was higher on Thursday despite disappointing economic news from Statistics Canada (StatCan). The loonie closed at US$0.7300 or US$1=C$1.3698, compared to US$0.7268 or US$1=C$1.3759 on Wednesday. StatCan reported this morning that Canada had a C$2.28 billion trade deficit in March, the largest since June, despite estimates of a surplus of more than […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar moved a bit higher on Thursday. The loonie was at US$0.7291 or US$1=C$1.3716 as of 8:39 a.m. CDT, compared to US$0.7268 or US$1=C$1.3759 on Wednesday. The United States Dollar Index was steady at 105.76. The U.S. Federal Reserve announced on Thursday it was leaving its key interest rates […] Read more