Canadian Financial Close: Loonie steady, gold adds onto new record

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday.       The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal.       The United States Dollar Index was […] Read more

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

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar moved slightly upwards on Wednesday morning.      The loonie was at US$0.7175 or US$1=C$1.3937 as of 8:33 a.m. CDT, compared to Tuesday’s close at US$0.7168 or US$1=C$1.3951.      The United States Dollar Index continued to strengthen, rising 0.27 of a point at 98.85. The index hasn’t reached 99 points […] Read more


Canadian Financial Close: Loonie steady, gold surpasses US$4,000

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar did not move very much on Tuesday.      The loonie closed at US$0.7168 or US$1=C$1.3951, compared to US$0.7166 or US$1=C$1.3955 on Monday. Earlier today, Canadian Prime Minister Mark Carney and United States President Donald Trump met for trade discussions in the White House.      The United States Dollar Index […] Read more

Canadian Dollar and Business Outlook: Gold breaks US$4,000 per ounce

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar showed little movement on Tuesday morning.      The loonie was at US$0.7167 or US$1=C$1.3953 as of 8:32 a.m. CDT, compared to Monday’s close at US$0.7166 or US$1=C$1.3955.      The United States Dollar Index continued to strengthen, rising 0.41 of a point at 98.51.      Crude oil prices were down […] Read more


Canadian Financial Close: TSX, gold set new records

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar stayed relatively steady coming out of the weekend.      The loonie closed at US$0.7166 or US$1=C$1.3955, compared to US$0.7167 or US$1=C$1.3953 on Friday.      The United States Dollar Index was up 0.38 of a point at 98.10.      Crude oil prices were higher after OPEC+ announced a smaller-than-expected output […] Read more

Canadian Dollar and Business Outlook: Loonie down, TSX, gold rise

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar leaned lower on Monday morning.      The loonie was at US$0.7155 or US$1=C$1.3976 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.7167 or US$1=C$1.3953.      The United States Dollar Index was up 0.57 of a point at 98.29 as the federal government shutdown entered its second week. […] Read more


Canadian Financial Close: C$ firm to end week

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday, finishing the week off its recently-hit four-month lows as gains in crude oil provided support.      The Canadian dollar settled at US$0.7167 or US$1=C$1.3953, which compares with Thursday’s close of US$0.7162 or US$1=C$1.3963.      Canada’s services economy contracted in September, with the S&P Global […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Friday morning, consolidating near its weakest levels in four months relative to its United States counterpart.      At 8:53 a.m. CDT the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Thursday’s close of US$0.7162 or US$1=C$1.3963.      Canada’s services economy contracted in September, […] Read more


Canadian Financial Close: C$ weakens with crude oil

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar weakened slightly relative to its United States counterpart on Thursday, as losses in crude oil weighed on the energy-linked currency. Uncertainty over upcoming trade negotiations with the U.S. and Mexico also weighed on the loonie.      The Canadian dollar settled at US$0.7162 or US$1=C$1.3963, which compares with Wednesday’s close […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, nearing its weakest level in four months relative to its United States counterpart.      The continued shutdown of the U.S. government and resulting lack of economic data was hanging over the financial markets.      At 8:47 a.m. CDT the Canadian dollar was trading at […] Read more