Canadian Financial Close: Loonie, crude oil in the red

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Tuesday as United States markets re-opened following the Memorial Day weekend. The loonie ended the day at US$0.7260 or US$1=C$1.3775, compared to US$0.7283 or US$1=C$1.3731 on Monday. The U.S. Dollar Index was up 0.50 of a point at 99.61 after President Donald Trump […] Read more






Canadian Financial Close: C$ climbs to seven-month highs

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Friday, as fresh tariff threats from United States President Donald Trump led to broad weakness in the U.S. currency internationally. The Canadian dollar settled at US$0.7270 or US$1=C$1.3756, which compares with Thursday’s close of US$0.7210 or US$1=C$1.3870. Canadian retail sales were up by 0.8 […] Read more


Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Friday morning, as financial markets reacted to the latest tariff threats out of the United States. At 9:18 a.m. CDT the Canadian dollar was trading at US$0.7264 or US$1=C$1.3767 which compares with Thursday’s close of US$0.7210 or US$1=C$1.3870. Canadian retail sales were up by 0.8 […] Read more

Canadian Financial Close: C$ softens Thursday

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly weaker on Thursday, as broad strength for the United States dollar internationally weighed on values. Positioning ahead of the June interest rate decision from the Bank of Canada accounted for some of the activity. The Canadian dollar settled at US$0.7210 or US$1=C$1.3870, which compares with Wednesday’s close […] Read more


Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, backing away from the two-week highs relative to its United States counterpart hit on Wednesday. At 8:37 a.m. CDT the Canadian dollar was trading at US$0.7203 or US$1=C$1.3883 which compares with Wednesday’s close of US$0.7221 or US$1=C$1.3848. Statistics Canada reported the country’s […] Read more

Canadian Financial Close: C$ at two-week highs

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Wednesday, hitting its strongest levels in two weeks relative to its United States counterpart amid reduced expectations for a rate cut from the Bank of Canada in June. The Canadian dollar settled at US$0.7221 or US$1=C$1.3848, which compares with Tuesday’s close of US$0.7176 or […] Read more