Currency markets

Glacier FarmMedia — The Canadian dollar strengthened Friday, as dovish comments out of the United States Federal Reserve weighed on the U.S. currency. The Canadian dollar settled at US$0.7289 or US$1=C$1.3720, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3753. The total value of investment in building construction was down by 2.2 per cent in

Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning, as financial markets reacted to optimistic trade updates, including a deal on dairy with New Zealand and talk that Canada was advancing discussions with South America’s Mercosur group. At 9:39 a.m. CDT the Canadian dollar was trading at US$0.7288 or US$1=C$1.3721 which compares with

Glacier FarmMedia — The Canadian dollar was weaker on Thursday, as its United States counterpart regained lost ground in international trade. The Canadian dollar settled at US$0.7271 or US$1=C$1.3753, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3712. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled

Glacier FarmMedia — The Canadian dollar was softer Thursday morning, as the United States currency saw some strength internationally. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled currency markets on Wednesday, but Trump later walked back those comments. At 9:28 a.m. CDT the Canadian dollar was

Glacier FarmMedia — The Canadian dollar was steady on the day at Wednesday’s close, recovering from three-week lows relative to its United States counterpart earlier in the session. The Canadian dollar settled at US$0.7293 or US$1=C$1.3712, which compares with Tuesday’s close of US$0.7294 or US$1=C$1.3710. The U.S. dollar was broadly weaker internationally amid reports President

Glacier FarmMedia — The Canadian dollar was weaker Wednesday morning. At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7273 or US$1=C$1.3749 which compares with Tuesday’s close of US$0.7294 or US$1=C$1.3710. The income gap between the highest and lowest income households in Canada reached a record high in the first quarter of 2025 at

Glacier FarmMedia — The Canadian dollar was slightly weaker on Monday, as the latest inflation data The Canadian dollar settled at US$0.7294 or US$1=C$1.3710, which compares with Monday’s close of US$0.7303 or US$1=C$1.3693. Canada’s annual inflation rate bumped up to 1.9 per cent in June from 1.7 per cent the previous month, reported Statistics Canada.

Glacier FarmMedia — The Canadian dollar was slightly softer Tuesday morning, as currency markets reacted to the latest inflation data. At 9:27 a.m. CDT the Canadian dollar was trading at US$0.7294 or US$1=C$1.3710 which compares with Monday’s close of US$0.7303 or US$1=C$1.3693. Canada’s annual inflation rate bumped up to 1.9 per cent in June from

Glacier FarmMedia — The Canadian dollar was holding near unchanged Monday morning. At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7302 or US$1=C$1.3695 which compares with Friday’s close of US$0.7308 or US$1=C$1.3684. Canadian wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) were up 0.1 per cent in

Glacier FarmMedia | MarketsFarm – The Canadian dollar was unchanged on Friday but ended the week more than four-tenths of a United States cent lower. The loonie ended the day at US$0.7308 or US$1=C$1.3683. U.S. President Donald Trump threatened 35 per cent tariffs on Canadian imports, excluding those from the energy sector and those already covered by