Currency markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Friday morning. At 9:07 a.m. CDT the Canadian dollar was trading at US$0.7339 or US$1=C$1.3626, which compares with Thursday’s close of US$0.7342 or US$1=C$1.3620. Canadian investors acquired a record C$35.6 billion of foreign securities in March while foreign investors added C$14.4

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held relatively steady on Thursday, taking a pause after hitting its strongest level in five weeks relative to its United States counterpart on Wednesday. The Canadian dollar settled at US$0.7342 or US$1=C$1.3620 on Wednesday, which compares with Wednesday’s close of US$0.7345 or US$1=C$1.3615. West

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Thursday morning, backing away from the five-week highs relative to its United States counterpart hit Wednesday. At 8:43 a.m. CDT the Canadian dollar was trading at US$0.7334 or US$1=C$1.3635, which compares with Wednesday’s close of US$0.7345 or US$1=C$1.3615. Gains in crude oil

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Wednesday, as currency markets reacted to the latest inflation data out of the United States. The Canadian dollar settled at US$0.7345 or US$1=C$1.3615 on Wednesday, which compares with Tuesday’s close of US$0.7324 or US$1=C$1.3653. The U.S consumer price index was up

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Wednesday morning as currency traders digested updated inflation data out of the United States. At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7323 or US$1=C$1.3656, which compares with Tuesday’s close of US$0.7324 or US$1=C$1.3653. The U.S consumer price index

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar strengthened on Tuesday, as currency traders adjusted positions ahead of United States inflation data out on Wednesday. The Canadian dollar settled at US$0.7324 or US$1=C$1.3653 on Tuesday, which compares with Monday’s close of US$0.7314 or US$1=C$1.3672. Canadian wholesale sales fell by 1.1 per cent

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer Tuesday morning. At 9:19 a.m. CDT the Canadian dollar was trading at US$0.7327 or US$1=C$1.3648, which compares with Monday’s close of US$0.7314 or US$1=C$1.3672. Canadian wholesale sales fall by 1.1 per cent in March to C$81.4 billion, with the largest losses

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar held steady relative to its United States counterpart on Monday, with positioning ahead of U.S. inflation data out on Wednesday behind some of the activity. The Canadian dollar settled at US$0.7314 or US$1=C$1.3672 on Friday, which compares with Friday’s close of US$0.7318 or US$1=C$1.3665.

By Phil Franz-Warkentin    Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Monday morning. At 8:55 a.m. CDT the Canadian dollar was trading at US$0.7320 or US$1=C$1.3661, which compares with Friday’s close of US$0.7318 or US$1=C$1.3655. The value of building permits issued in Canada decreased by 11.7 per cent in March compared to

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Friday, after Statistics Canada reported approximately 90,000 jobs were added in April. However, the country’s unemployment rate remained at 6.1 per cent. The loonie closed at US$0.7318 or US$1=C$1.3665, compared to Thursday’s finish of US$0.7304 or US$1=C$1.3692. On the U.S. Dollar