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The Canadian dollar rose on Monday just hours before Canada Day. The loonie closed the day at US$0.7330 or US$1=C$1.3643, compared to US$0.7312 or US$1=C$1.3676 on Friday. Canada and the United States restarted trade talks earlier today after the former rescinded its planned digital services tax. U.S. President Donald Trump cited the levy as the[...]

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar fell back on Monday morning as its United States counterpart gained strength. As of 8:35 am CDT, the loonie was at US$0.7258 or US$1=C$1.3775 compared to Friday’s close of US$0.7284 or US$1=C$1.3728. On the U.S. Dollar Index, the greenback advanced 0.568 of a point at[...]

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Friday, giving up nearly two-tenths of a United States cent. The loonie finished at US$0.7312 or US$1=C$1.3676, compared to Wednesday’s close of US$0.7331 or US$1=C$1.3640. The move came after U.S. President Donald Trump said he’s ending all trade talks with Canada[...]

Glacier FarmMedia | MarketsFarm – The Canadian dollar saw a slight decline on Friday morning, putting it on track for one of its worst performing weeks in recent memory. The loonie was at US$0.7283 or US$1=C$1.3731 as of 8:34 a.m. CDT, compared to Thursday’s close at US$0.7287 or US$1=C$1.3724. The United States Dollar Index was down[...]

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell below the 73 United States cent mark early Thursday. The loonie was at US$0.7289 or US$1=C$1.3719 as of 8:34 a.m. CDT, compared to Wednesday’s close at US$0.7314 or US$1=C$1.3673. The U.S. Dollar Index was up 0.02 of a point at 98.92. The U.S. Federal Reserve announced[...]

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued to step back on Monday, with weakness in crude oil weighing on values. However, losses in the United States dollar tempered further declines. The loonie finished at US$0.7270 or US$1=C$1.3755, compared to Friday’s close of US$0.7284 or US$1=C$1.3728. The U.S. Dollar Index[...]

Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Friday to end a negative week for the currency. The loonie closed the day at US$0.7284 or US$1=C$1.3728, compared to US$0.7287 or US$1=C$1.36724 on Thursday. It ended the week down seven-tenths of a U.S. cent compared to June 13. The United States Dollar Index[...]

Glacier FarmMedia | MarketsFarm - The Canadian dollar fell back below the 73 United States cent mark on Thursday. The loonie closed the day at US$0.7287 or US$1=C$1.3724, compared to US$0.7314 or US$1=C$1.3673 on Wednesday. Statistics Canada reported on Thursday that the country’s unemployment rate increased to 6.9 per cent in April, compared to 6.2[...]