Currency markets

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar eased away from the 73-cent mark on Tuesday as the United States dollar reclaimed much of the value it lost on Monday. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to Monday’s close of US$0.7296 or US$1=C$1.3707. The U.S. Dollar Index witnessed a

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Tuesday morning as its United States counterpart was higher. As of 8:36 am CDT, the loonie was at US$0.7288 or US$1=C$1.37109 compared to Monday’s close of US$0.7296 or US$1=C$1.3707. On the U.S. Dollar Index, the greenback gained 0.405 of a point at

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished Monday slightly below 73 U.S. cents in pre-report positioning ahead of the Bank of Canada’s interest rate announcement on June 4. The loonie closed at US$0.7296 or US$1=C$1.3707, compared to Friday’s close of US$0.7268 or US$1=C$1.3758. The U.S. Dollar Index saw the

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday morning as its United States counterpart slid back. As of 8:37 am CDT, the loonie was at US$0.7298 or US$1=C$1.3702 compared to Friday’s close of US$0.7268 or US$1=C$1.3758. On the U.S. Dollar Index, the greenback dropped 0.414 of a point at

Glacier FarmMedia | MarketsFarm – The Canadian dollar ended Friday with an increase, just shy of the level reached one week earlier. The loonie closed the day at US$0.7268 or US$1=C$1.3758, compared to US$0.7243 or US$1=C$1.3806 on Thursday. On May 23, the Canadian dollar closed at US$0.7270 or US$1=C$1.3755. Statistics Canada reported on Friday that

Glacier FarmMedia | MarketsFarm – The Canadian dollar was firmer on Friday morning after welcome economic news from Statistics Canada. The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:32 a.m. CDT, compared to Thursday’s close at US$0.7243 or US$1=C$1.3806. StatCan reported this morning that Canada’s economy grew by 2.2 per cent in the first

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved slightly upward on Thursday. The loonie ended the day at US$0.7243 or US$1=C$1.3806, compared to US$0.7233 or US$1=C$1.3826 on Wednesday. The United States Dollar Index was down 0.60 of a point at 99.28. After being struck down by a federal court on Wednesday, an appeals court today reinstated

The Canadian dollar rebounded on Thursday morning after two days of retreat. The loonie was at US$0.7250 or US$1=C$1.3793 as of 8:33 a.m. CDT, compared to Wednesday’s close at US$0.7233 or US$1=C$1.3826. The United States Dollar Index was down 0.43 of a point at 99.44. A U.S. federal court ruled on Wednesday that President Donald

Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated further on Wednesday. The loonie ended the day at US$0.7233 or US$1=C$1.3826, compared to US$0.7260 or US$1=C$1.3775 on Tuesday. The United States Dollar Index was up 0.36 of a point at 99.88. Crude oil prices were up after U.S. President Donald Trump authorized Chevron to maintain its operations

Glacier FarmMedia | MarketsFarm – The Canadian dollar was stuck in a downward momentum on Wednesday morning. The loonie was at US$0.7225 or US$1=C$1.3841 as of 8:32 a.m. CDT, compared to Tuesday’s close at US$0.7260 or US$1=C$1.3775. The United States Dollar Index was up 0.22 of a point at 99.74. Crude oil prices jumped after