Currency markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar gained more ground on Tuesday morning, following Statistics Canada’s report on inflation. StatCan said the consumer price index for May climbed to 2.9 per cent compared to 2.7 per cent in April. The increase ended four consecutive months of declines and may prevent the

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday, nearing its highest level in three weeks relative to its United States counterpart as investors positioned themselves ahead of Canadian inflation data due out on Tuesday. The Canadian dollar settled at US$0.7319 or US$1=C$1.3663 on Monday, which compares with Friday’s close

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was higher on Monday morning, due to declines in its United States counterpart and small increases in crude oil. As of 8:35 am CDT, the loonie was at US$0.7312 or US$1=C$1.3674 compared to Friday’s close of US$0.7298 or US$1=C$1.3702. On the U.S. Dollar Index,

Glacier FarmMedia MarketsFarm  – The Canadian dollar was mostly steady on Friday but dipped below the 73 United States cent mark. The loonie closed at US$0.7298 or US$1=C$1.3702, compared to US$0.7300 or US$1=C$1.3698 on Thursday. The United States Dollar Index was up 0.21 of a point at 105.80. Crude oil prices were lower on Friday

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Friday morning, in light of small upticks in the United States dollar and crude oil. As of 8:31 am CDT, the loonie was at US$0.7297 or US$1=C$1.3703 compared to Thursday’s close of US$0.7300 or US$1=C$1.3698. On the U.S. Dollar Index,

Glacier FarmMedia MarketsFarm – After days of small gains, the Canadian dollar reached the 73 United States cent mark on Thursday, despite strength in its United States counterpart. The loonie closed at US$0.7300 or US$1=C$1.3698, compared to US$0.7294 or US$1=C$1.3709 on Wednesday. The United States Dollar Index jumped 0.33 of a point at 105.58. Crude

Glacier FarmMedia MarketsFarm – The Canadian dollar saw a small increase on Thursday morning. The loonie was at US$0.7298 or US$1=C$1.3702 as of 8:34 a.m. CDT, compared to US$0.7294 or US$1=C$1.3709 on Wednesday. The United States Dollar Index was up 0.25 of a point at 105.50. U.S. markets were closed for most of Wednesday due

Glacier FarmMedia MarketsFarm – The Canadian dollar moved upwards on Wednesday, closer to the 73 United States cent mark. The loonie closed at US$0.7294 or US$1=C$1.3709, compared to US$0.7287 or US$1=C$1.3723 on Tuesday. The U.S. Dollar Index was unchanged at 105.25 points. Most U.S. markets were closed for most of the day on Wednesday due

Glacier FarmMedia MarketsFarm – The Canadian dollar was one step closer to the 73 United States cent mark on Wednesday morning. The loonie was at US$0.7294 or US$1=C$1.3710 as of 8:35 a.m. CDT, compared to US$0.7287 or US$1=C$1.3723 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 105.22. U.S. markets are

Glacier FarmMedia MarketsFarm – The Canadian dollar moved one step upward on Tuesday. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to US$0.7276 or US$1=C$1.3743 on Monday. The United States Dollar Index declined 0.05 of a point at 105.27. Crude oil prices were higher on Tuesday after a Ukrainian drone strike on a Russian refinery