Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Monday amid broad strength in the United States dollar internationally. The Canadian dollar settled at US$0.7144 or US$1=C$1.3998, which compares with Friday’s close of US$0.7180 or US$1=C$1.3927. China and the U.S. agreed to cut tariffs on each other for 90 days after representatives met […] Read more
Canadian Financial Close: C$ weakens Monday
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Monday morning, as global financial markets reacted to news of a 90-day trade truce between China and the United States. At 9:14 a.m. CDT the Canadian dollar was trading at US$0.7147 or US$1=C$1.3992 which compares with Friday’s close of US$0.7180 or US$1=C$1.3927. China and the […] Read more
Canadian Financial Close: Loonie, crude oil in opposite directions
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped on Friday, capping off a tough week in which the currency lost more than six-tenths of a United States cent. The loonie ended the day at US$0.7180 or US$1=C$1.3927, compared to US$0.7191 or US$1=C$1.3907 on Thursday. Statistics Canada reported the country’s unemployment rate rose to 6.9 […] Read more
Canadian Dollar and Business Outlook: Loonie down, unemployment up
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off on Friday morning after the release of mixed economic news from Statistics Canada. The loonie was at US$0.7184 or US$1=C$1.3920 as of 8:30 a.m. CDT, compared to Thursday’s close at US$0.7191 or US$1=C$1.3906. StatCan reported today the country’s unemployment rate increased by two-tenths of a […] Read more
Canadian Financial Close: Loonie falls as U.S. dollar strengthens
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar dropped sharply on Thursday, closing at its lowest level since April 15. The loonie ended the day at US$0.7191 or US$1=C$1.3907, compared to US$0.7248 or US$1=C$1.3796 on Wednesday. The United States Dollar Index jumped 1.06 points at 100.67 as the markets anticipate trade talks between the U.S. and […] Read more
Canadian Dollar and Business Outlook: Loonie loses nearly half a U.S. cent
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning, giving up nearly a half cent to a stronger United States dollar. The loonie was at US$0.7201 or US$1=C$1.3887 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7248 or US$1=C$1.3796. The United States Dollar Index increased 0.41 of a point at 100.02. On Wednesday, […] Read more
Canadian Financial Close: Loonie, crude oil move backwards
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Wednesday. The loonie ended the day at US$0.7248 or US$1=C$1.3796, compared to US$0.7255 or US$1=C$1.3783 on Tuesday. Statistics Canada reported today that that February retail sales totaled C$56.9 billion, up one per cent from January. The United States Dollar Index jumped 0.67 of a […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil show little change
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was slightly lower on Wednesday morning. The loonie was at US$0.7250 or US$1=C$1.3793 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7255 or US$1=C$1.3783. Statistics Canada reported today that February retail sales totaled C$56.9 billion, up one per cent from January. The United States Dollar […] Read more
Canadian Financial Close: Loonie higher as oil and gold jump
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar advanced on Tuesday, as prices for crude oil and gold shot upward. The loonie ended the day at US$0.7255 or US$1=C$1.3783, compared to US$0.7240 or US$1=C$1.3813 on Monday. The United States Dollar Index fell 0.62 of a point at 99.21. Statistics Canada reported today the country had a merchandise […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil on the rise
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar made its way higher on Tuesday morning. The loonie was at US$0.7252 or US$1=C$1.3789 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7240 or US$1=C$1.3813. The United States Dollar Index dropped 0.37 of a point at 99.46. Bargain buying after prices fell to their lowest […] Read more