Currency Markets

Glacier FarmMedia | MarketsFarm — The Canadian dollar was virtually unchanged on Thursday as proposed tariff rates by United States President Donald Trump were top of mind in the market. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:24 a.m. CDT, compared to Wednesday’s close at US$0.7303 or US$1=C$1.3693. The United States Dollar Index […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back to its lowest close in two weeks. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7312 or US$1=C$1.3677 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 97.49. Benchmark crude oil prices were virtually unchanged on Wednesday, as increased […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar resumed its downturn on Wednesday, moving closer to the 73 United States cent mark. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:40 a.m. CDT, compared to Tuesday’s close at US$0.7312 or US$1=C$1.3677. The United States Dollar Index added 0.02 of a point at 97.54. U.S. […] Read more

Glacier FarmMedia | MarketsFarm — The Canadian dollar retreated by approximately one-tenth of a United States cent on Tuesday despite increased crude oil prices. The loonie closed the day at US$0.7312 or US$1=C$1.3677, compared to US$0.7323 or US$1=C$1.3656 on Monday. The U.S. Dollar Index was up 0.02 of a point at 97.50. U.S. President Donald Trump […] Read more

The Canadian dollar continued its decline on Tuesday morning. The loonie was at US$0.7315 or US$1=C$1.3671 as of 8:28 a.m. CDT, compared to Monday’s close at US$0.7323 or US$1=C$1.3656. The United States Dollar Index added 0.06 of a point at 97.54. U.S. President Donald Trump sent letters to 14 countries outlining the tariff rates for […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated as United States markets re-opened after the Independence Day weekend. The loonie closed the day at US$0.7323 or US$1=C$1.3656, compared to US$0.7350 or US$1=C$1.3605 on Friday. The U.S. Dollar Index gained 0.29 of a point at 97.47. Benchmark crude oil prices corrected themselves on Monday after […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back to start the week. The loonie was at US$0.7331 or US$1=C$1.3641 as of 8:22 a.m. CDT, compared to Friday’s close at US$0.7350 or US$1=C$1.3605. The United States Dollar Index gained 0.24 of a point at 97.42. Crude oil prices were higher after dropping […] Read more

Glacier FarmMedia — The Canadian dollar was weaker on Friday in relatively quiet trade, with markets in the United States closed for Independence Day. The Canadian dollar settled at US$0.7350 or US$1=C$1.3605, which compares with Thursday’s close of US$0.7366 or US$1=C$1.3575. Uncertainty over U.S. trade policies remained a feature in the background. President Donald Trump […] Read more

Glacier FarmMedia — The Canadian dollar was softer Friday morning, in relatively quiet trade as markets in the United States were closed for Independence Day. At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7349 or US$1=C$1.3607 which compares with Thursday’s close of US$0.7366 or US$1=C$1.3575. While U.S. markets were closed, uncertainty over the […] Read more

Glacier FarmMedia — The Canadian dollar strengthened Thursday, as currency markets reacted to the latest trade and employment data. The Canadian dollar settled at US$0.7366 or US$1=C$1.3575, which was compares with Wednesday’s close of US$0.7341 or US$1=C$1.3622. Canadian exports were up 1.1 per cent in May while imports fell by 1.6 per cent, reported Statistics […] Read more