Currency markets

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar dipped back further on Wednesday, adding to yesterday’s decline. The loonie closed at US$0.7281 or US$1=C$1.3734, compared to Tuesday’s finish of US$0.7297 or US$1=C$1.3705. On the U.S. Dollar Index, the greenback added 0.130 of a point at 104.430. Benchmark crude oil prices were slightly

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Wednesday morning, as the United States dollar made a small gain and crude oil slipped back. As of 8:36 am CDT, the loonie was at US$0.7278 or US$1=C$1.3737 compared to Tuesday’s close of US$0.7297 or C$1.3705. On the U.S. Dollar Index,

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell back on Tuesday, losing almost a quarter of a cent due to gains in the United States dollar. The loonie closed at US$0.7297 or US$1=C$1.3705, compared to Monday’s finish of US$0.7320 or US$1=C$1.3661. On the U.S. Dollar Index, the greenback added 0.301 of

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Tuesday morning, as its United States counterpart inched upward while crude oil dipped back. As of 8:51 am CDT, the loonie was at US$0.7306 or US$1=C$1.3684 compared to Monday’s close of US$0.7320 or C$1.3661. On the United States Dollar Index, the

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged up on Monday, supported by gains in crude oil. The loonie closed at US$0.7320 or US$1=C$1.3661, compared to Friday’s finish of US$0.7314 or US$1=C$1.3672. On the U.S. Dollar Index, the greenback tacked on 0.017 of a point at 104.565. Benchmark crude oil prices

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was a pinch higher on Monday morning, propped up by small increases in crude oil prices. As of 8:34 am CDT, the loonie was at US$0.7322 or US$1=C$1.3657 compared to Friday’s close of US$0.7314 or C$1.3672. On the United States Dollar Index, the greenback

Glacier FarmMedia MarketsFarm – The Canadian dollar entered the weekend making gains. The loonie closed at US$0.7314 or US$1=C$1.3672, compared to US$0.7300 or US$1=C$1.3698 on Thursday. The United States Dollar Index declined 0.26 of a point at 105.04. The Labor Department reported earlier today that the country added 175,000 jobs in April, the smallest gain in

Glacier FarmMedia MarketsFarm – The Canadian dollar sought to end the week on a high note. The loonie was at US$0.7331 or US$1=C$1.3641 as of 8:41 a.m. CDT, compared to US$0.7300 or US$1=C$1.3698 on Thursday. The United States Dollar Index dropped 0.46 of a point at 104.84. U.S. employers added 175,000 jobs in April, according to

The Canadian dollar was higher on Thursday despite disappointing economic news from Statistics Canada (StatCan). The loonie closed at US$0.7300 or US$1=C$1.3698, compared to US$0.7268 or US$1=C$1.3759 on Wednesday. StatCan reported this morning that Canada had a C$2.28 billion trade deficit in March, the largest since June, despite estimates of a surplus of more than

Glacier FarmMedia MarketsFarm – The Canadian dollar moved a bit higher on Thursday. The loonie was at US$0.7291 or US$1=C$1.3716 as of 8:39 a.m. CDT, compared to US$0.7268 or US$1=C$1.3759 on Wednesday. The United States Dollar Index was steady at 105.76. The U.S. Federal Reserve announced on Thursday it was leaving its key interest rates