Currency markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held steady Tuesday morning as currency traders digested the latest inflation data out of the United States. At 9:10 a.m. CDT the Canadian dollar was trading at US$0.7280 or US$1=C$1.3736, which compares with Monday’s close of US$0.7279 or US$1=C$1.3738. Producer prices in the U.S.

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held relatively steady on Monday, with positioning ahead of inflation data from the United States due out later in the week behind some of the activity. The Canadian dollar settled at US$0.7279 or US$1=C$1.3738 on Monday, which compares with Friday’s close of US$0.7282 or

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Monday morning as investors adjusted positions ahead of inflation data from the United States due out later in the week. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7277 or US$1=C$1.3742, which compares with Friday’s close of US$0.7282 or

The Canadian dollar had an uptick going into the weekend. The loonie closed at US$0.7282 or US$1=C$1.3732 on Friday, compared to US$0.7276 or US$1=C$1.3743 on Thursday. Statistics Canada reported earlier today the country lost 2,800 jobs in July, but the unemployment rate stayed the same at 6.4 per cent. Meanwhile, the United States Dollar Index

Glacier FarmMedia MarketsFarm – The Canadian dollar stayed relatively steady on Friday morning. The loonie was at US$0.7279 or US$1=C$1.3739 as of 8:49 a.m. CDT, compared to US$0.7276 or US$1=C$1.3743 on Thursday. Statistics Canada reported on Friday the country lost 2,800 jobs in July, but the unemployment rate remained the same at 6.4 per cent. The

Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Thursday morning. The loonie was at US$0.7270 or US$1=C$1.3755 as of 8:37 a.m. CDT, compared to US$0.7279 or US$1=C$1.3739 on Wednesday. The United States Dollar Index gained 0.23 of a point at 103.43. Despite ongoing tensions in the Middle East, crude oil

Glacier FarmMedia MarketsFarm – The Canadian dollar jumped to its highest point in nearly three weeks on Wednesday, supported by crude oil prices. The loonie closed at US$0.7279 or US$1=C$1.3739, compared to US$0.7250 or US$1=C$1.3794 on Tuesday. However, the United States Dollar Index was up 0.23 of a point at 103.20. Rising tensions in the Middle

Glacier FarmMedia MarketsFarm – The Canadian dollar continued to rise sharply on Wednesday morning. The loonie was at US$0.7280 or US$1=C$1.3736 as of 8:42 a.m. CDT, compared to US$0.7250 or US$1=C$1.3794 on Tuesday. The United States Dollar Index gained 0.19 of a point at 103.16. Tensions in the Middle East allowed crude oil to move upwards

Glacier FarmMedia MarketsFarm – The Canadian dollar rose to its highest point in nearly two weeks on Tuesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7216 or US$1=C$1.3858 on Friday. The Bank of Canada (BoC) did not publish a closing price on Monday due to the Civic Holiday. The United States Dollar Index was

Glacier FarmMedia MarketsFarm – The Canadian dollar was gaining ground on Tuesday morning. The loonie was at US$0.7248 or US$1=C$1.3797 as of 9:30 a.m. CDT, compared to US$0.7233 or US$1=C$1.3826 on Friday. The United States Dollar Index gained 0.28 of a point at 102.97. Crude oil prices were higher on Tuesday. Brent crude oil gained US$0.36