Currency markets

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady Thursday morning as the United States dollar was firm while crude oil only made small increases. As of 8:35 am CST, the loonie was at US$0.6944 or US$1=C$1.4399 compared to Wednesday’s close of US$0.6949 or US$1=C$1.4390. On the U.S. Dollar Index, the

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gave up a quarter cent on Wednesday as the United States dollar was stronger. The loonie closed on Wednesday at US$0.6949 or US$1=1.4390, compared to Tuesday’s finish of US$0.6974 or US$1=1.4340. On the U.S. Dollar Index, the greenback gained 0.467 of a point

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Wednesday due to a spike in the United States dollar. As of 8:34 am CST, the loonie was at US$0.6946 or US$1=C$1.4397 compared to Tuesday’s close of US$0.6975 or US$1=C$1.4340. On the U.S. Dollar Index, the greenback advanced 0.647 of a point

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was relatively steady on Tuesday as support from gains in crude oil was balanced off by increases in the United States dollar. The loonie closed on Tuesday at US$0.6974 or US$1=1.4340, compared to Monday’s finish of US$0.6970 or US$1=1.4348. On the U.S. Dollar

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher on Tuesday as the dust settled over the resignation of Prime Minister Justin Trudeau. As of 8:43 am CST, the loonie was at US$0.6982 or US$1=C$1.4323 compared to Monday’s close of US$0.6970 or US$1=C$1.4348. On the U.S. Dollar Index, the greenback shed

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was stronger on Monday after Prime Minister Justin Trudeau announced he will step down once a new federal Liberal leader is selected. Additional support came from a sharp drop in the United States dollar. The loonie closed on Monday at US$0.6970 or US$1=1.4348,

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday as its United States counterpart dropped. As of 8:37 am CST, the loonie was at US$0.6975 or US$1=C$1.4333 compared to Friday’s close of US$0.6924 or US$1=C$1.4418. On the U.S. Dollar Index, the greenback gave up 0.643 of a point at 108.160.

Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off to end the week. The loonie closed at US$0.6924 or US$1=C$1.4442 on Friday, down from US$0.6936 or US$1=C$1.4418 on Thursday and hitting another new multi-year low. However, the United States Dollar Index retreated 0.47 of a point at 108.93. Crude oil continued to move higher

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Friday, as the political turmoil in Ottawa began to pick up steam again. As of 8:40 am CST, the loonie was at US$0.6937 or US$1=C$1.4412 compared to Thursday’s close of US$0.6946 or US$1=C$1.4418. Former Liberal cabinet minister Marco Mendicino announced on Thursday

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market took a small step back on Friday morning despite mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher to start the day, while crude oil made small gains. However, European rapeseed was mostly lower. The Canadian dollar was steady compared