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Apr. 23, 2024 at 3:48 pm CDT

The Canadian dollar was stronger on Tuesday, as softer than expected purchasing managers index (PMI) data out of the United States weighed on the U.S. currency. The Canadian dollar settled at US$0.7314 or US$1=C$1.3673 on Tuesday, which compares with Monday’s close of US$0.7291 or US$1=C$1.3715. Gains in crude oil were […]

Apr. 23, 2024 at 9:02 am CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was showing some modest strength Tuesday morning. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7299 or US$1=C$1.3701, which compares with Monday’s close of US$0.7291 or US$1=C$1.3715. The firmer tone in the currency came despite losses in crude […]

Apr. 22, 2024 at 3:46 pm CDT

  By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger for the fourth-straight session on Monday, continuing to correct after hitting its weakest level in five-months relative to its United States counterpart last week. The Canadian dollar settled at US$0.7291 or US$1=C$1.3715 on Monday, which compares […]

Apr. 22, 2024 at 9:05 am CDT

  By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding relatively steady Monday morning. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7275 or US$1=C$1.3746, which compares with Friday’s close of US$0.7274 or US$1=C$1.3748. Canada’s Industrial Product Price Index was up by 0.8 per […]

Apr. 19, 2024 at 3:49 pm CDT

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar climbed a little higher on Friday, supported by a dip in its United States counterpart and small increases in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748, compared to Thursday’s finish of US$0.7265 or US$1=C$1.3764. On the U.S. […]