Currency Markets

Glacier FarmMedia | MarketsFarm – The Canadian dollar had positive momentum on Wednesday morning. The loonie was at US$0.7010 or US$1=C$1.4265 as of 8:31 a.m. CDT, compared to Tuesday’s close at US$0.6995 or US$1=C$1.4296. The United States Dollar Index was up 0.24 of a point at 104.43. Reports of declining U.S. stockpiles lifted crude oil prices […] Read more

The Canadian dollar peaked above the 70-cent mark on Tuesday, but it closed a shade below it. The loonie finished at US$0.6995 or US$1=C$1.4296, compared to Monday’s close of US$0.6984 or US$1=C$1.4318. The United States Dollar Index retreated 0.10 of a point at 104.16. Brent crude oil added US$0.15 at US$73.15 per barrel. West Texas […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar surpassed the 70 United States cent mark on Tuesday morning. The loonie was at US$0.7003 or US$1=C$1.4280 as of 8:32 a.m. CDT, compared to Monday’s close at US$0.6984 or US$1=C$1.4318. The U.S. Dollar Index was down 0.19 of a point at 104.08. There were news reports on […] Read more

The Canadian dollar moved closer to 70 United States cents on Monday, the day after the next federal election was called. The loonie closed at US$0.6984 or US$1=C$1.4318 on Monday, higher than US$0.6970 or US$1=C$1.4348. On Sunday, Prime Minister Mark Carney called a snap federal election to be held on April 28. The United States […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved towards the 70 United States cent mark on Monday morning. The loonie was at US$0.6983 or US$1=C$1.4320 as of 8:35 a.m. CDT, compared to Friday’s close at US$0.6970 or US$1=C$1.4347. Prime Minister Mark Carney called a snap federal election on Sunday to be held on April […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar stayed put on Friday. The loonie ended the day at US$0.6970 or US$1=C$1.4347, same as on Thursday. Statistics Canada reported earlier today that retail sales in January were down 0.6 per cent at C$69.8 billion mainly due to declines in the auto sector. StatCan also projected a 0.4 […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated on Friday morning after the release of economic data from Statistics Canada. The loonie was at US$0.6960 or US$1=C$1.4369 as of 8:35 a.m. CDT, compared to Thursday’s close at US$0.6970 or US$1=C$1.4347. StatCan reported today that retail sales dropped 0.6 per cent at C$69.4 billion in […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar showed some weakness on Thursday as strength in its United States counterpart exceeded the support from gains in crude oil. The loonie ended the day at US$0.6970 or US$1=C$1.4347, compared to US$0.6980 or US$1=C$1.4326 on Wednesday. The United States Dollar Index improved 0.42 of a point at […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning as the United States dollar strengthened. The loonie was at US$0.6945 or US$1=C$1.4399 as of 8:35 a.m. CDT, compared to Wednesday’s close at US$0.6980 or US$1=C$1.4326. The U.S. Dollar Index was up 0.60 of a point at 104.03. The U.S. Federal Reserve announced on […] Read more

The Canadian dollar took a step back on Wednesday. The loonie ended the day at US$0.6980 or US$1=C$1.4326, compared to US$0.6993 or US$1=C$1.4301 on Tuesday. The United States Dollar Index gained 0.28 of a point at 103.53. The U.S. Federal Reserve announced earlier in the day that while it was leaving its key interest rates […] Read more