Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar dropped to its lowest close since May on Thursday. The loonie closed at US$0.7180 or US$1=C$1.3927, compared to US$0.7198 or US$1=C$1.3893 on Wednesday. The United States Dollar Index was up 0.62 of a point on Friday at 98.49. New data suggested labour market conditions were improving, which […] Read more
Canadian Financial Close: Loonie weakens, U.S. dollar stronger
Canadian Dollar and Business Outlook: Loonie holds to downward course
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar slipped Thursday morning, continuing its downward slide in the face of a stronger United States dollar and declines in crude oil. As of 8:36 am CDT, the loonie was at US$0.7189 or US$1=C$1.3911 compared to Wednesday’s close of US$0.7198 or US$1=C$1.3893. On the U.S. […] Read more
Canadian Financial Close: Loonie drops, crude oil jumps
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar closed below 72 United States cents for the first time in more than a month. The loonie closed at US$0.7198 or US$1=C$1.3893, compared to US$0.7230 or US$1=C$1.3832 on Tuesday. The last time the currency closed this low was on Aug. 21. The United States Dollar Index was […] Read more
Canadian Dollar and Business Outlook: Loonie weakens
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Wednesday morning, as its United States counterpart was stronger, while declines in crude oil limited the losses. As of 8:36 am CDT, the loonie was at US$0.7202 or US$1=C$1.3884 compared to Tuesday’s close of US$0.7230 or US$1=C$1.3832. On the U.S. Dollar […] Read more
Canadian Financial Close: Loonie eases back
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed less than a 10th of a cent on Tuesday, unable to glean support from increased oil prices and a slightly weaker United States dollar. The loonie closed on Tuesday at US$0.7230 or US$1=C$1.3832 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. 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 relatively steady on Tuesday morning, despite increases in crude oil prices. As of 8:36 am CDT, the loonie was at US$0.7234 or US$1=C$1.3824 compared to Monday’s close of US$0.7238 or US$1=C$1.3816. On the U.S. Dollar Index, the greenback shed 0.045 of a point […] Read more
Canadian Financial Close: Loonie weakens
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Monday, due to a lack of support from crude oil and despite the United States dollar also giving up ground. The loonie closed Monday at US$0.7238 or US$1=C$1.3816 compared to Friday’s close of US$0.7253 or US$1=C$1.3788. The U.S. Dollar Index […] Read more
Canadian Dollar and Business Outlook: Loonie eases back
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar slipped on Monday morning, as crude oil prices were lower. As of 8:44 am CDT, the loonie was at US$0.7243 or US$1=C$1.3807 compared to Friday’s close of US$0.7253 or US$1=C$1.3788. On the U.S. Dollar Index, the greenback was down 0.190 of a point at […] Read more
Canadian Financial Close: Loonie higher, TSX sets new record
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar gained some ground on Friday and will end the week on a high note. The loonie closed at US$0.7253 or US$1=C$1.3788, compared to US$0.7248 or US$1=C$1.3797 on Thursday. The dollar ended last week at US$0.7221 or US$1=C$1.3848. The United States Dollar Index was up 0.30 of a […] Read more
Canadian Dollar and Business Outlook: Loonie down, TSX flying high
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar continued its downturn on Friday morning. The loonie was at US$0.7238 or US$1=C$1.3816 as of 8:30 a.m. CDT, compared to Thursday’s close at US$0.7248 or US$1=C$1.3797. The United States Dollar Index was up 0.31 of a point at 97.65. Crude oil prices declined as demand concerns […] Read more