Currency markets

The Canadian dollar started 2025 by falling further below the 70 United States cents mark. The loonie closed at another multi-year low at US$0.6936 or US$1=C$1.4418 on Thursday, down from US$0.6950 or US$1=C$1.4389 on Tuesday. The Bank of Canada did not post a closing rate on Wednesday due to New Year’s Day. The U.S. Dollar

By Glen Hallick Glacier FarmMedia MarketsFarm – As trading resumed on Thursday morning following New Year’s Day, the Canadian dollar stepped back as its United States counterpart continued to add strength. As of 8:41 am CST, the loonie was at US$0.6933 or US$1=C$1.4426 compared to Tuesday’s close of US$0.6950 or US$1=C$1.4389. On the U.S. Dollar

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday in the face of a stronger United States dollar, but declines were limited by upticks in crude oil. The political upheaval surrounding Prime Minister Justin Trudeau and his minority Liberal government has settled down for now, taking some pressure off

The Canadian dollar was a pinch lower on Tuesday morning as advances in the United States dollar and crude oil almost balanced off each other. As of 8:37 am CST, the loonie was at US$0.6950 or US$1=C$1.4386 compared to Monday’s close of US$0.6955 or US$1=C$1.4379. On the U.S. Dollar Index, the greenback bumped up 0.127

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar climbed higher on Monday as gains in crude oil provided support,  a slightly stronger United States dollar limited the increases. The loonie closed Monday at US$0.6955 or US$1=1.4379, compared to Friday’s finish of US$0.6937 or US$1=1.4416. On the U.S. Dollar Index, the greenback

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Monday morning amid ongoing turmoil surrounding Prime Minister Justin Trudeau’s leadership. As of 8:44 am CST, the loonie was at US$0.6932 or US$1=C$1.4433 compared to Friday’s close of US$0.6937 or US$1=C$1.4416. On the U.S. Dollar Index, the greenback gained 0.328 of a

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped on Friday due to ongoing concerns about Prime Minister Justin Trudeau’s leadership. Trading in the loonie resumed today following Christmas and Boxing Day. The loonie closed Friday at US$0.6937 or US$1=1.4416, compared to Tuesday’s finish of US$0.6951 or US$1=1.4386. On the U.S.

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was a pinch lower on Friday morning as trading in the currency resumed following Christmas and Boxing Day. As of 8:36 am CST, the loonie was at US$0.6943 or US$1=C$1.4403 compared to Tuesday’s close of US$0.6951 or US$1=C$1.4386. On the U.S. Dollar Index, the greenback

The Canadian dollar fell to another multi-year low on Monday. The loonie closed at US$0.6947 or US$1=C$1.4395, compared to US$0.6961 or US$1=C$1.4365 on Friday. The United States Dollar Index gained 0.46 of a point at 108.08, approaching the high mark for 2024. Crude oil was steady to lower on Monday despite a stronger U.S. dollar.

The Canadian dollar resumed its ongoing decline on Monday morning. The loonie was at US$0.6935 or US$1=C$1.4420 as of 8:38 a.m. CST, compared to US$0.6961 or US$1=C$1.4365 on Friday. The Canadian markets will be closed Christmas and Boxing Day, while those in the U.S. will close only for Dec. 25. The United States Dollar Index