Reading Time: < 1 minute The Canadian dollar moved away from the 73 United States cent mark to start 2026. The loonie declined to US$0.7280 or US$1=C$1.3727, compared to US$0.7296 or US$1=C$1.3706 on Wednesday. The Bank of Canada did not publish an exchange rate on Thursday due to New Year’s Day. The United States Dollar Index was up […] Read more
Canadian Financial Close: Loonie, oil slightly lower
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer Friday morning, with losses in crude oil to start the New Year weighing on the energy-linked currency. At 8:59 a.m. CST the Canadian dollar was trading at US$0.7277 or US$1=C$1.3742 which compares with Wednesday’s close of US$0.7296 or US$1=C$1.3706. There was no closing price on […] Read more
Canadian Financial Close: Loonie forgoes some strength
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Wednesday, with losses in crude oil pulling it down. The loonie closed at US$0.7296 or US$1=C$1.3706 compared to Tuesday’s close of US$0.7303 or US$1=C$1.3693. Over the course of the year, the dollar has a net increase of 2.2 cents. On the […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Wednesday morning, as small increases in the United States dollar and crude oil balanced out each other. As of 8:40 am CST, the loonie was at US$0.7301 or US$1=C$1.3697, compared to Tuesday’s close of US$0.7303 or US$1=C$1.3693. On the U.S. […] Read more
Canadian Financial Close: Loonie down a pinch
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped on Tuesday, as the United States dollar was higher and crude oil lost its increases. The loonie closed at US$0.7303 or US$1=C$1.3693 compared to Monday’s close of US$0.7307 or US$1=C$1.3686. On the U.S. Dollar Index, the greenback was up 0.208 of a point […] Read more
Canadian Dollar and Business Outlook: Loonie slips
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Tuesday morning as the United States dollar made a modest increase. As of 8:38 am CST, the loonie was at US$0.7300 or US$1=C$1.3699, compared to Monday’s close of US$0.7307 or US$1=C$1.3686. On the U.S. Dollar Index, the greenback was up 0.118 […] Read more
Canadian Financial Close: Loonie sheds a little bit of ground
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Monday, despite support from stronger crude oil. The loonie closed at US$0.7307 or US$1=C$1.3686 compared to Wednesday’s close of US$0.7313 or US$1=C$1.3674. On the U.S. Dollar Index, the greenback inched up 0.017 of a point at 97.715. Benchmark crude oil prices […] Read more
Canadian Dollar and Business Outlook: Loonie hold firm
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Monday morning . As of 8:42 am CST, the loonie was at US$0.7316 or US$1=C$1.3668, compared to Wednesday’s close of US$0.7313 or US$1=C$1.3674. On the U.S. Dollar Index, the greenback shed 0.003 of a point at 97.695. Benchmark crude oil […] Read more
Canadian Financial Close: Loonie closes shy of 73 U.S. cents
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar increased by almost a quarter cent on Tuesday, as its United States counterpart fell back and crude oil chalked up gains. This was also despite Statistics Canada reporting the country’s economy shrank by 0.3 per cent in October. StatCan’s preliminary estimate called for […] Read more
Canadian Dollar and Business Outlook: A little bit more strength for loonie
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed up on Tuesday morning, as its United States counterpart lost ground, but the increases were tempered by a lack of direction from crude oil. Statistics Canada reported the country’s GDP contracted by 0.3 per cent in October, with preliminary reports pointing to a […] Read more