Currency markets

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

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.

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,

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,

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

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

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,

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar posted a modest gain on Tuesday, the day before United States President Donald Trump imposed tariffs of up to 20 per cent on imports from most other countries. The loonie closed Tuesday at US$0.6970 or US$1=C$1.4348, compared to Monday’s finish of US$0.6956 or

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Tuesday morning, ahead of tomorrow’s tariff announced from United States President Donald Trump. As of 8:35 am CDT, the loonie was at US$0.6941 or US$1=C$1.4407 compared to Monday’s close of US$0.6956 or US$1=C$1.4376. On the U.S. Dollar Index, the greenback inched up

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost about a third of a cent on Monday despite strong gains in crude oil. The loonie closed Monday at US$0.6956 or US$1=C$1.4376, compared to Friday’s finish of US$0.6990 or US$1=C$1.4307. On the U.S. Dollar Index, the greenback added 0.146 of a point