Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar dipped below 73 U.S. cents on Thursday morning, as a higher United States dollar outweighed upticks in crude oil. As of 8:37 am CST, the Canadian dollar was at US$0.7293 or US$1=C$1.3713, compared to Wednesday’s close of US$0.7311 or US$1=C$1.3678. On the U.S. Dollar Index, the […] Read more
Canadian Dollar and Business Outlook: Loonie below 73 cents
Canadian Financial Close: U.S. dollar pushes loonie lower
Surge crude can't completely counter greenback
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar gave up a little more than a tenth of a cent on Wednesday, due to a stronger United States dollar, but a significant upswing in crude oil tempered the losses. The loonie finished at US$0.7311 or US$1=C$1.3678 compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On […] Read more
Canadian Dollar and Business Outlook: Loonie dips
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar eased back on Wednesday morning despite sharp gains in crude oil. As of 8:30 am CST, the Canadian dollar was at US$0.7318 or US$1=C$1.3669, compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On the U.S. Dollar Index, the greenback added 0.320 of a point at 97.380. […] Read more
Canadian Financial Close: Loonie pulls back
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar lost more than two-tenths of a cent on Tuesday, as trading resumed after the long weekend. The loonie finished at US$0.7323 or US$1=C$1.3656 compared to Friday’s close of US$0.7345 or US$1=C$1.3624. On the United States Dollar Index, the greenback added 0.221 of a point at 97.040. […] Read more
Canadian Dollar and Business Outlook: Loonie retreating
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – The Canadian dollar pulled back on Tuesday morning due to strength in the United States dollar and declines in crude oil. Trading in the loonie resumed following Monday’s holiday. As of 8:36 am CST, the Canadian dollar was at US$0.7315 or US$1=C$1.3673, compared to Friday’s close of US$0.7345 or […] Read more
Canadian Financial Close: Loonie down, TSX, gold recover
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar pulled back on Friday, but still ended with a weekly gain. The loonie closed at US$0.7345 or US$1=C$1.3614, compared to US$0.7350 or US$1=C$1.3605 on Thursday. However, the rate was higher than on Feb. 6 at US$0.7327 or US$1=C$1.3648. The United States Dollar Index was down 0.05 of […] Read more
Canadian Dollar and Business Outlook: Little movement for loonie, crude oil
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday morning. The loonie was at US$0.7349 or US$1=C$1.3607 as of 8:33 a.m. CST, compared to Thursday’s close at US$0.7350 or US$1=C$1.3605. The United States Dollar Index was up 0.11 of a point at 97.04. The U.S. Bureau of Labor Statistics reported today […] Read more
Canadian Financial Close: Loonie lower, TSX, gold fall
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar eased off for the second straight day on Thursday. The loonie closed at US$0.7350 or US$1=C$1.3605, compared to US$0.7367 or US$1=C$1.3574 on Wednesday. The United States Dollar Index edged upwards by 0.09 of a point at 96.93. Crude oil prices suffered losses on Thursday after the […] Read more
Canadian Dollar and Business Outlook: Loonie steady, crude oil moves lower
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was virtually unchanged on Thursday morning. The loonie was at US$0.7368 or US$1=C$1.3572 as of 8:35 a.m. CST, compared to Wednesday’s close at US$0.7367 or US$1=C$1.3574. The United States Dollar Index was down 0.01 of a point at 96.82. Crude oil prices pulled back after the International […] Read more
Canadian Financial Close: Loonie down, crude oil rises
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar showed a decline on Wednesday despite crude oil prices moving upward. The loonie closed at US$0.7367 or US$1=C$1.3574, compared to US$0.7383 or US$1=C$1.3544 on Tuesday. The United States Dollar Index gained 0.13 of a point at 96.93. Crude oil prices were higher after U.S. President Donald […] Read more