Currency markets

Glacier FarmMedia MarketsFarm – The Canadian dollar regained some strength on Wednesday. The loonie closed at US$0.7342 or US$1=C$1.3620, compared to US$0.7332 or US$1=C$1.3638 on Tuesday. The United States Dollar Index was down 0.11 of a point at 105.02. Crude oil prices were higher after a drawdown of United States stockpiles and after OPEC+ maintained

Glacier FarmMedia MarketsFarm – The Canadian dollar made a small gain on Wednesday morning. The loonie was at US$0.7340 or US$1=C$1.3624 as of 8:33 a.m. CDT, compared to US$0.7332 or US$1=C$1.3638 on Tuesday. The United States Dollar Index was down 0.05 of a point at 105.07. Crude oil prices were mixed as a drawdown in United

Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Tuesday. The loonie closed at US$0.7332 or US$1=C$1.3638, compared to US$0.7335 or US$1=C$1.3634 on Monday. The United States Dollar Index was up 0.11 of a point at 105.11. U.S. Federal Reserve chair Jerome Powell testified to Congress earlier today with many observers interpreting his

Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Tuesday. The loonie was at US$0.7330 or US$1=C$1.3643 as of 8:32 a.m. CDT, compared to US$0.7335 or US$1=C$1.3633 on Monday. The United States Dollar Index was up 0.06 of a point at 105.06. Crude oil prices continued to decline after Hurricane Beryl

Glacier FarmMedia MarketsFarm – The Canadian dollar stayed put on Monday, hovering around month-long highs. The loonie closed at US$0.7335 or US$1=C$1.3634. The United States Dollar Index was up 0.15 of a point at 105.03. Crude oil prices were lower on Monday as the market assesses the effect of Hurricane Beryl, which led ports and refineries

Glacier FarmMedia MarketsFarm – The Canadian dollar was steady coming out of the weekend. The loonie was at US$0.7337 or US$1=C$1.3630 as of 8:35 a.m. CDT, compared to US$0.7335 or US$1=C$1.3633 on Friday. The United States Dollar Index was down 0.06 of a point at 104.82. Crude oil prices were lower on Monday after reaching

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was softer on Friday, as currency markets reacted to the latest employment data. The Canadian dollar settled at US$0.7335 or US$1=C$1.3633 on Friday, which compares with Thursday’s close of US$0.7346 or US$1=C$1.3613. Canada’s unemployment rate moved up 0.2 percentage points in June, hitting 6.2

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Thursday morning, as currency traders reacted to soft domestic jobs data. At 8:54 a.m. CDT the Canadian dollar was trading at US$0.7326 or US$1=C$1.3650, which compares with Thursday’s close of US$0.7346 or US$1=C$1.3613. Employment was virtually unchanged in Canada in June, with the

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Thursday, although activity was choppy as participants await updated jobs data out on Friday and markets in the United States were closed for Independence Day. The Canadian dollar settled at US$0.7346 or US$1=C$1.3613 on Thursday, which compares with Wednesday’s close of

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was firmer Thursday morning, in thin trade with markets in the United States closed for Independence Day. At 8:39 a.m. CDT the Canadian dollar was trading at US$0.7343 or US$1=C$1.3618, which compares with Wednesday’s close of US$0.7333 or US$1=C$1.3637. Uncertainty ahead of the U.S.