Currency markets

Glacier FarmMedia | MarketsFarm — The Canadian dollar continued to weaken relative to its United States counterpart Friday morning, hitting fresh multi-year lows. At 8:47 a.m. CST the Canadian dollar was trading at US$0.7098 or US$1=C$1.4088 which compares with Thursday’s close of US$0.7129 or US$1=C$1.4027. Canadian manufacturing sales were down by 0.5 per cent in

Glacier FarmMedia | MarketsFarm — The Canadian dollar continued to weaken relative to its United States counterpart on Thursday, hitting its lowest levels since May 2020. The Canadian dollar settled at US$0.7129 or US$1=C$1.4027 on Thursday, which compares with Wednesday’s close of US$0.7153 or US$1=C$1.3980. Broad strength in the U.S. dollar internationally accounted for much

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Thursday morning, pressured by relatively solid economic data out of the United States. Initial jobless claims in the U.S. dipped to their lowest level since May in the latest report, coming in at 217,000. Meanwhile, the country’s producer price index was up by 0.2 per

Glacier FarmMedia | MarketsFarm  — The Canadian dollar was softer on Wednesday, hitting its weakest level in four-and-a- half years relative to its United States counterpart. The Canadian dollar settled at US$0.7153 or US$1=C$1.3980 on Wednesday, which compares with Tuesday’s close of US$0.7172 or US$1=C$1.3944. Solid inflation data out of the U.S., with consumer prices

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Wednesday morning, hitting fresh two-year lows relative to its United States counterpart. The U.S. consumer price index was up by 2.6 per cent on an annual basis in October, according to a report out of the country. The inflation data was in line with trade

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Tuesday, touching its lowest level in two years relative to its United States counterpart as currency traders continue to consider what the next presidency of Donald Trump will mean for the U.S. economy and global trade. The Canadian dollar settled at US$0.7172 or US$1=C$1.3944

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning as activity picked up after Remembrance Day. Canadian municipalities issued C$13.0 billion worth of building permits in September, which was up by 11.5 per cent from the previous month and the second-highest level since the start of the new series in January 2017,

The Canadian dollar ended an up-and-down week on a low note, albeit higher than the week before. The loonie closed at US$0.7188 or US$1=C$1.3913, compared to US$0.7212 or US$1=C$1.3866 on Thursday. The United States Dollar Index was up 0.49 of a point at 105.00. Crude oil tumbled on Friday due to Chinese economic woes. West

Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its recent roller-coaster ride on Friday morning. The loonie was at US$0.7190 or US$1=C$1.3908 as of 8:32 a.m. CST, compared to US$0.7212 or US$1=C$1.3866 on Thursday. The United States Dollar Index added 0.18 of a point at 104.69. Crude oil was lower after investors were unimpressed

Glacier FarmMedia | MarketsFarm – The Canadian dollar recovered most of its strength on Wednesday after taking a tumble on Tuesday. The loonie was at US$0.7212 or US$1=C$1.3866, compared to US$0.7176 or US$1=C$1.3935 on Tuesday. The United States Dollar Index dropped 0.74 of a point at 104.35. The Federal Reserve announced this afternoon it cut