Currency markets

Glacier FarmMedia — The Canadian dollar was slightly weaker on Thursday, as broad strength for the United States dollar internationally weighed on values. Positioning ahead of the June interest rate decision from the Bank of Canada accounted for some of the activity. The Canadian dollar settled at US$0.7210 or US$1=C$1.3870, which compares with Wednesday’s close

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, backing away from the two-week highs relative to its United States counterpart hit on Wednesday. At 8:37 a.m. CDT the Canadian dollar was trading at US$0.7203 or US$1=C$1.3883 which compares with Wednesday’s close of US$0.7221 or US$1=C$1.3848. Statistics Canada reported the country’s

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Wednesday, hitting its strongest levels in two weeks relative to its United States counterpart amid reduced expectations for a rate cut from the Bank of Canada in June. The Canadian dollar settled at US$0.7221 or US$1=C$1.3848, which compares with Tuesday’s close of US$0.7176 or

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Wednesday morning, hitting its highest level in two weeks relative to its United States counterpart. Growing ideas that the Bank of Canada will continue to pause cuts to interest rates in June contributed to the firmer tone in the loonie. At 8:50 a.m. CDT the

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Tuesday, as currency markets reacted to the latest inflation data. The Canadian dollar settled at US$0.7176 or US$1=C$1.3935, which compares with Friday’s close of US$0.7154 or US$1=C$1.3979. Canadian markets were closed Monday for Victoria Day. Canada’s consumer price index was up 1.7 per cent

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Monday morning. At 8:54 a.m. CDT the Canadian dollar was trading at US$0.7175 or US$1=C$1.3937 which compares with Friday’s close of US$0.7154 or US$1=C$1.3979. Canadian markets were closed Monday for Victoria Day. Canada’s consumer price index was up 1.7 per cent on an annual basis

Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday. The loonie ended the day at US$0.7154 or US$1=C$1.3979, compared to US$0.7151 or US$1=C$1.3985 on Thursday. However, the currency lost 0.26 U.S. cents compared to the previous week. There will be no closing rate published by The Bank of Canada on Monday

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Friday morning. At 9:07 a.m. CDT the Canadian dollar was trading at US$0.7161 or US$1=C$1.3965 which compares with Thursday’s close of US$0.7151 or US$1=C$1.3985. Canadian investors acquired C$15.6 billion of foreign securities in March while foreign investors reduced their holdings of Canadian securities by

Glacier FarmMedia — The Canadian dollar was slightly softer on Thursday, with losses in crude oil behind some of the weakness. The Canadian dollar settled at US$0.7151 or US$1=C$1.3985, which compares with Wednesday’s close of US$0.7161 or US$1=C$1.3964. Canadian manufacturing sales were down 1.4 per cent in March at C$71.9 billion, reported Statistics Canada. Sales

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning. At 9:17 a.m. CDT the Canadian dollar was trading at US$0.7150 or US$1=C$1.3986 which compares with Wednesday’s close of US$0.7159 or US$1=C$1.3964. Canadian manufacturing sales were down 1.4 per cent in March at C$71.9 billion, reported Statistics Canada. Sales were down for