Canadian Dollar and Business Outlook: Loonie steady, crude oil higher

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning. The loonie was at US$0.7475 or US$1=C$1.3378, compared to Wednesday’s close of US$0.7473 or US$1=C$1.3382. The United States Dollar Index was up 0.24 of a point to 102.60. Crude oil prices were higher on Thursday due to ongoing tensions in the Middle […] Read more

Canadian Financial Close: Loonie up, crude oil declines

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar saw a small gain on Wednesday. The loonie closed at US$0.7473 or US$1=C$1.3382, compared to US$0.7468 or US$1=C$1.3391 on Tuesday. The U.S. Dollar Index was down 0.18 of a point at 102.39. Crude oil prices dropped on Wednesday, as an influx of supplies pressured markets. Brent crude oil […] Read more


Canadian Dollar and Business Outlook: Loonie, crude oil higher

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar made a slight gain on Wednesday morning. The loonie was at US$0.7473 or US$1=C$1.3382, up from Tuesday’s close of US$0.7468 or US$1=C$1.3391. The United States Dollar Index was down 0.02 of a point to 102.55. Crude oil prices added onto Tuesday’s gains. Brent crude oil rose US$0.59 at US$78.18 […] Read more

Canadian Financial Close: Loonie down, crude oil makes gains

Reading Time: < 1 minute The Canadian dollar eased back, marking a second-straight decline for the currency. The loonie closed at US$0.7468 or US$1=C$1.3391, compared to US$0.7478 or US$1=C$1.3372 on Friday. The U.S. Dollar Index was up 0.33 of a point at 102.54. Crude oil prices rose on Tuesday, recovering some of Monday’s losses. Brent crude oil gained US$1.47 at […] Read more


Canadian Dollar and Business Outlook: Loonie down, crude oil rebounds

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar continued to show weakness on Tuesday. The loonie was at US$0.7470 or US$1=C$1.3387, down from Monday’s close of US$0.7478 or US$1=C$1.3372. The United States Dollar Index was up 0.17 of a point to 102.38. Crude oil prices underwent a correction on Tuesday, but not enough to recover their losses […] Read more

Canadian Financial Close: Loonie, crude oil prices take a hit

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar took another step back away from the 75 United States cent mark. The loonie closed at US$0.7478 or US$1=C$1.3372, compared to US$0.7492 or US$1=C$1.3247 on Friday. The U.S. Dollar Index was down 0.16 of a point at 102.25. Crude oil prices slid after Saudi Arabia’s state-owned oil company Saudi […] Read more


Canadian Dollar and Business Outlook: Loonie down as crude oil falls

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar retreated on Monday morning due to declining crude oil prices. The loonie was at US$0.7466 or US$1=C$1.3394, down from Friday’s close of US$0.7492 or US$1=C$1.3347. The United States Dollar Index was down 0.06 of a point to 102.35. Crude oil prices were falling after Saudi Arabia’s state producer Saudi […] Read more

Canadian Financial Close: Loonie gains small amount

Unemployment in Canada holds at 5.8 per cent

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar held relatively steady on Friday, adding a little bit of strength from increases in crude oil prices. The Canadian dollar closed at US$0.7492 or US$1=C$1.3347, compared to Thursday’s finish of US$0.7488 or US$1=C$1.3354. On the U.S. Dollar Index, the greenback inched up 0.045 of […] Read more


Canadian Dollar and Business Outlook: Unemployment, loonie unchanged

StatCan releases December job data

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was unchanged on Friday morning, following the latest jobs report from Statistics Canada As of 8:38 am CST, the loonie remained at Thursday’s close of US$0.7488 or C$1.3354. Statistics Canada reported on Friday that the country’s unemployment rate remained at 5.8 per cent in […] Read more

Canadian Financial Close: Loonie stands pat

Declines in greenback, crude oil cancel each other

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, as competing influences balanced off each other. The Canadian dollar closed at US$0.7488 or US$1=C$1.3354, compared to Wednesday’s finish of US$0.7487 or US$1=C$1.3356. On the U.S. Dollar Index, the greenback dipped 0.075 of a point at 102.120. Benchmark crude […] Read more