Currency markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed less than a 10th of a cent on Tuesday, unable to glean support from increased oil prices and a slightly weaker United States dollar. The loonie closed on Tuesday at US$0.7230 or US$1=C$1.3832 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. The

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, despite increases in crude oil prices. As of 8:36 am CDT, the loonie was at US$0.7234 or US$1=C$1.3824 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. On the U.S. Dollar Index, the greenback shed 0.045 of a point

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Monday, due to a lack of support from crude oil and despite the United States dollar also giving up ground. The loonie closed Monday at US$0.7238 or US$1=C$1.3816 compared to Friday’s close of US$0.7253 or US$1=C$1.3788. The U.S. Dollar Index

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar slipped on Monday morning, as crude oil prices were lower. As of 8:44 am CDT, the loonie was at US$0.7243 or US$1=C$1.3807 compared to Friday’s close of US$0.7253 or US$1=C$1.3788. On the U.S. Dollar Index, the greenback was down 0.190 of a point at

Glacier FarmMedia – The Canadian dollar gained some ground on Friday and will end the week on a high note.      The loonie closed at US$0.7253 or US$1=C$1.3788, compared to US$0.7248 or US$1=C$1.3797 on Thursday. The dollar ended last week at US$0.7221 or US$1=C$1.3848.      The United States Dollar Index was up 0.30 of a

Glacier FarmMedia — The Canadian dollar continued its downturn on Friday morning.      The loonie was at US$0.7238 or US$1=C$1.3816 as of 8:30 a.m. CDT, compared to Thursday’s close at US$0.7248 or US$1=C$1.3797.      The United States Dollar Index was up 0.31 of a point at 97.65.      Crude oil prices declined as demand concerns

Glacier FarmMedia – The Canadian dollar retreated further on Thursday, one day after the Bank of Canada and the United States Federal Reserve made identical key interest rate cuts.      The loonie closed at US$0.7248 or US$1=C$1.3797, compared to US$0.7267 or US$1=C$1.3760 on Wednesday. The BoC announced yesterday it cut its overnight rate by 25

Glacier FarmMedia – The Canadian dollar took a step back on Thursday, one day after the Bank of Canada and the United States Federal Reserve cut their key interest rates.      The loonie was at US$0.7246 or US$1=C$1.3800 as of 8:29 a.m. CDT, compared to Wednesday’s close at US$0.7267 or US$1=C$1.3760. The BoC announced yesterday

Glacier FarmMedia – The Canadian dollar stepped back on Wednesday after the Bank of Canada and the United States Federal Reserve made identical key interest rate cuts.      The loonie closed at US$0.7267 or US$1=C$1.3760, compared to US$0.7274 or US$1=C$1.3748 on Tuesday. The BoC announced this morning it cut its overnight rate by 25 basis

Glacier FarmMedia – The Canadian dollar declined on Wednesday morning ahead of announcements from the Bank of Canada and the United States Federal Reserve.      The loonie was at US$0.7268 or US$1=C$1.3759 as of 8:57 a.m. CDT, compared to Tuesday’s close at US$0.7274 or US$1=C$1.3748. The Bank of Canada announced this morning it cut its