Currency markets

Glacier FarmMedia MarketsFarm – The Canadian dollar dipped on Wednesday while the United States Federal Reserve’s latest decision on key interest rates broadly affected the markets. The loonie closed at US$0.7268 or US$1=C$1.3759, compared to US$0.7275 or US$1=C$1.3746 on Tuesday. The U.S. Dollar Index declined 0.20 of a point at 106.02. The Fed announced earlier

The Canadian dollar slipped a little lower on Wednesday. The loonie was at US$0.7267 or US$1=C$1.3761 as of 8:33 a.m. CDT, compared to US$0.7275 or US$1=C$1.3746 on Tuesday. The United States Dollar Index was up 0.08 of a point at 106.30. The U.S. Federal Reserve is largely expected to announce later today it will leave

Glacier FarmMedia MarketsFarm – The Canadian dollar fell sharply on Tuesday after the release of economic data from Statistics Canada (StatCan). The loonie closed at US$0.7275 or US$1=C$1.3746, compared to US$0.7322 or US$1=C$1.3658 on Monday. StatCan reported that the country’s real gross domestic product (GDP) increased by 0.2 per cent in February, following a 0.5 per

Glacier FarmMedia MarketsFarm – The Canadian dollar retreated on Tuesday morning following the release of economic data from Statistics Canada (StatCan). The loonie was at US$0.7280 or US$1=C$1.3736 as of 8:33 a.m. CDT, compared to US$0.7322 or US$1=C$1.3658 on Monday. StatCan reported the economy grew by 0.2 per cent in February compared to the month before

Glacier FarmMedia MarketsFarm – The Canadian dollar increased slightly on Monday. The loonie closed at US$0.7322 or US$1=C$1.3658, compared to US$0.7316 or US$1=C$1.3668 on Friday. The United States Dollar Index declined 0.32 of a point at 105.62. Crude oil prices dropped as Israel and Hamas sit down for peace talks in Cairo. Brent crude oil

The Canadian dollar was virtually unchanged on Monday morning. The loonie was at US$0.7319 or US$1=C$1.3663 as of 8:32 a.m. CDT, compared to US$0.7316 or US$1=C$1.3668 on Friday. The United States Dollar Index was down 0.12 of a point at 105.82. Crude oil prices were lower amid U.S. efforts to create a peace deal between

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar strengthened on Friday, hitting its highest level in two weeks relative to its United States counterpart. The Canadian dollar settled at US$0.7316 or US$1=C$1.3668 on Friday, which compares with Thursday’s close of US$0.7305 or US$1=C$1.3689. Comments from United States Treasury Secretary Janet Yellen were

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer Friday morning, with gains in crude oil providing some support. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7318 or US$1=C$1.3665, which compares with Thursday’s close of US$0.7305 or US$1=C$1.3689. Comments from United States Treasury Secretary Janet Yellen were

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar saw some modest strength on Thursday, underpinned by gains in crude oil and soft economic data out of the United States. The Canadian dollar settled at US$0.7305 or US$1=C$1.3689 on Thursday, which compares with Wednesday’s close of US$0.7294 or US$1=C$1.3709. Economic growth in the

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly weaker Thursday morning, as sluggish economic data out of the United States weighed on world equity markets and had investors backing away from riskier assets. At 8:56 a.m. CDT the Canadian dollar was trading at US$0.7284 or US$1=C$1.3729, which compares with Wednesday’s