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Mar. 25, 2024 at 3:45 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was held relatively steady on Monday, rising slightly relative to its United States counterpart. The Canadian dollar settled at US$0.7362 or US$1=C$1.3583 on Monday, which compares with Friday’s close of US$0.7357 or US$1=C$1.3593. Expectations that the United States Federal […]

Mar. 25, 2024 at 9:06 am CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly firmer Monday morning, with gains in crude oil providing some underlying support to the energy-linked currency. At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7365 or US$1=C$1.3578, which compares with Friday’s close of US$0.7357 or US$1=C$1.3593. […]

Mar. 22, 2024 at 3:38 pm CDT

Glacier FarmMedia MarketsFarm – The Canadian dollar ended the week with a sharp drop after the release of economic data from Statistics Canada (StatCan). The loonie closed at US$0.7357 or US$1=C$1.3593, compared to US$0.7394 or US$1=C$1.3525 on Thursday. StatCan reported this morning that retail sales dipped 0.3 per cent in […]

Mar. 22, 2024 at 9:03 am CDT

Glacier FarmMedia MarketsFarm – After approaching 74 United States cents yesterday, the Canadian dollar retreated on Friday morning after the release of data from Statistics Canada (StatCan). The loonie was at US$0.7369 or US$1=C$1.3570 as of 8:54 a.m. CDT, compared to US$0.7394 or US$1=C$1.3525 on Thursday. StatCan reported on Friday […]

Mar. 21, 2024 at 3:29 pm CDT

Glacier FarmMedia MarketsFarm – The Canadian dollar was within striking distance of the 74 United States cent mark. The loonie closed at US$0.7394 or US$1=C$1.3525, compared to US$0.7375 or US$1=C$1.3559 on Wednesday. The United States Dollar Index jumped 0.61 of a point at 104.04, approaching its highest level in three weeks. […]