Currency Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped up on Tuesday, due to declines in its United States counterpart and despite losses in crude oil. Come Wednesday, the Trump administration will boost tariffs on U.S. imports from China to 104 per cent unless the latter cancels its 34 per cent […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Tuesday morning, as global stock markets started to rebound after a number of sessions with severe losses. As of 8:47 am CDT, the loonie was at US$0.7057 or US$1=C$1.4168 compared to Monday’s close of US$0.7029 or US$1=C$1.4226. On the U.S. Dollar Index, […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Monday, in the face of a stronger United States dollar and weaker crude oil prices. Tariff tensions ramped up on Monday after rumours circulated U.S. President Donald Trump was going to pause his administration’s reciprocal duties for 90 days. Following a […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar slipped back  on Monday morning due to weakness in crude oil. As of 8:49 am CDT, the loonie was at US$0.7016 or US$1=C$1.4254 compared to Friday’s close of US$0.7034 or US$1=C$1.4216. On the U.S. Dollar Index, the greenback inched down 0.028 of a point at […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost almost three-quarters of a cent on Friday, as its United States counterpart bounced back while crude oil was hit with more sharp losses. The loonie closed Friday at US$0.7034 or US$1=C$1.4216, compared to Thursday’s finish of US$0.7108 or US$1=C$1.4069. On the U.S. […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning as its United States counterpart regained some lost ground while crude oil continued to drop. As of 8:41 am CDT, the loonie was at US$0.7044 or US$1=C$1.4209 compared to Thursday’s close of US$0.7108 or US$1=C$1.4069. On the U.S. Dollar Index, […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped 1.25 cents on Thursday, benefitting from the fallout over the reciprocal tariffs announced by United States President Donald Trump on Wednesday. The loonie closed Thursday at US$0.7108 or US$1=C$1.4069, compared to Wednesday’s finish of US$0.6983 or US$1=C$1.4320. On the U.S. Dollar Index, […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Thursday morning in the aftermath of United States President Donald Trump’s latest tariff plans announced yesterday. As of 8:46 am CDT, the loonie was at US$0.7118 or US$1=C$1.4047 compared to Wednesday’s close of US$0.6983 or US$1=C$1.4320. On the U.S. Dollar Index, the […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar rose for a second day on Wednesday, a few hours before United States President Donald Trump announced his wide-ranging plan to impose reciprocal tariffs on most other countries. The loonie closed Wednesday at US$0.6983 or US$1=C$1.4320, compared to Tuesday’s finish of US$0.6970 or […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar gained ground on Wednesday morning, ahead of United States President Donald Trump announcing his reciprocal tariffs at 3 p.m. CDT. As of 8:36 am CDT, the loonie was at US$0.6981 or US$1=C$1.4327 compared to Tuesday’s close of US$0.6970 or US$1=C$1.4348. On the U.S. Dollar Index, […] Read more