Currency markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Friday morning, due to small increases in crude oil while the United States dollar was relatively steady. Also, Statistics Canada reported on Friday that the country’s unemployment rate declined to 5.7 per cent in December after 37,000 jobs were added. As

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, despite sharp upticks in crude oil prices. The Canadian dollar closed at US$0.7426 or US$1=C$1.3467, compared to Wednesday’s finish of US$0.7424 or US$1=C$1.3469. On the U.S. Dollar Index, the greenback inched up 0.093 of a point at 104.010. Benchmark

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, as upticks in the United States dollar and global crude oil prices balanced off each other. As of 8:35 am CST, the loonie was at US$0.7425 or US$1=C$1.34741 compared to Wednesday’s close of US$0.7424 or C$1.3469. On the

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Wednesday, finding support from gains in crude oil and global equity markets. The Canadian dollar settled at US$0.7424 or US$1=C$1.3469 on Wednesday, which compares with Tuesday’s close of US$0.7404 or US$1=C$1.3506. Canada’s international trade balance moved from a surplus of C$1.1

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar continued higher on Wednesday morning, supported by declines in the United States dollar and upticks in crude oil. As of 8:35 am CST, the loonie was at US$0.7426 or US$1=C$1.3467 compared to Tuesday’s close of US$0.7404 or C$1.3506. On the U.S. Dollar Index, the

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pushed above 74 U.S. cents on Tuesday, due to a weaker United States dollar and increases in crude oil. The Canadian dollar closed at US$0.7404 or US$1=C$1.3506, compared to Monday’s finish of US$0.7393 or US$1=C$1.3527. On the U.S. Dollar Index, the greenback reversed course

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, as the United States dollar global crude oil prices essentially balanced each other. As of 8:36 am CST, the loonie was at US$0.7388 or US$1=C$1.3532 compared to Monday’s close of US$0.7393 or C$1.3527. On the U.S. Dollar Index,

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar slid below 74 U.S. cents on Monday due to the rising strength in its United States counterpart. The Canadian dollar closed at US$0.7393 or US$1=C$1.3527, compared to Friday’s finish of US$0.7433 or US$1=C$1.3454. On the U.S. Dollar Index, the greenback climbed 0.559 of a

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pulled back on Monday morning, pressured by a stronger United States dollar and getting little direction from global crude oil prices. As of 8:34 am CST, the loonie was at US$7402 or US$=C$1.3509 compared to Friday’s close of US$0.7433 or C$1.3454. On the U.S.

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar weakened relative to its United States counterpart on Friday as jobs data out of the U.S. beat expectations. The Canadian dollar settled at US$0.7433 or US$1=C$1.3454 on Friday, which compares with Thursday’s close of US$0.7460 or US$1=C$1.3404. U.S. nonfarm payrolls increased by 353,000 jobs in