Currency Markets

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar moved lower to start Wednesday.      The loonie was at US$0.7366 or US$1=C$1.3576 as of 8:33 a.m. CST, compared to Tuesday’s close at US$0.7383 or US$1=C$1.3544.      The United States Dollar Index improved 0.43 of a point at 97.23. The U.S. Labor Department reported today that the country added […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar ended Tuesday with its highest close in 11 days.      The loonie closed at US$0.7383 or US$1=C$1.3544, compared to US$0.7366 or US$1=C$1.3576 on Monday.      The United States Dollar Index was relatively steady, down 0.02 of a point at 96.80.      Crude oil prices were mixed as the market […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued higher on Tuesday morning, as its United States counterpart slipped lower and crude oil tacked on increases. As of 9:19 am CST, the loonie was at US$0.7388 or US$1=C$1.3537, compared to Monday’s close of US$0.7366 or US$1=C$1.3576. On the U.S. Dollar Index, the […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar made gains on Monday as as its United States counterpart fell back and crude oil was higher.          The loonie closed at US$0.7366 or US$1=C$1.3576, compared to US$0.7327 or US$1=C$1.3648 on Friday, as speculators turned the Canadian dollar into a net long position for the first time in more […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar gained some strength to start the week.      The loonie was at US$0.7361 or US$1=C$1.3585 as of 8:32 a.m. CST, compared to Friday’s close at US$0.7327 or US$1=C$1.3648.      The United States Dollar Index shed 0.66 of a point at 96.97.      Crude oil prices declined after the U.S. […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart to end the week, as traders reacted to the latest employment data. The Canadian dollar settled at US$0.7327 or US$1=C$1.3648, which compares with Thursday’s close of US$0.7312 or US$1=C$1.3676. Canada’s economy lost 24,800 jobs in January, but fewer people were […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was stronger Friday morning, as markets watched for any developments from talks between the United States and Iran. At 9:11 a.m. CST the Canadian dollar was trading at US$0.7332 or US$1=C$1.3639 which compares with Thursday’s close of US$0.7312 or US$1=C$1.3676. Canada’s unemployment rate fell to 6.5 per cent in […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart on Thursday. The Canadian dollar settled at US$0.7312 or US$1=C$1.3676, which compares with Tuesday’s close of US$0.7316 or US$1=C$1.3668. Currency markets reacted to news Thursday that the Bank of England would leave borrowing costs unchanged after a 5-4 vote. The […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning, as losses in crude oil and commodities weighed on the currency. At 8:43 a.m. CST the Canadian dollar was trading at US$0.7311 or US$1=C$1.3678 which compares with Wednesday’s close of US$0.7316 or US$1=C$1.3668. The federal government will announce […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer on Wednesday, amid broad strength for the United States currency internationally. The Canadian dollar settled at US$0.7316 or US$1=C$1.3668, which compares with Tuesday’s close of US$0.7325 or US$1=C$1.3652. Canada’s services economy contracted in January, according to updated purchasing managers index (PMI) data from S&P Global. The headline […] Read more