Canadian Financial Close: Loonie weakens, crude oil jumps

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar showed some weakness on Thursday as strength in its United States counterpart exceeded the support from gains in crude oil. The loonie ended the day at US$0.6970 or US$1=C$1.4347, compared to US$0.6980 or US$1=C$1.4326 on Wednesday. The United States Dollar Index improved 0.42 of a point at […] Read more

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

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning as the United States dollar strengthened. The loonie was at US$0.6945 or US$1=C$1.4399 as of 8:35 a.m. CDT, compared to Wednesday’s close at US$0.6980 or US$1=C$1.4326. The U.S. Dollar Index was up 0.60 of a point at 104.03. The U.S. Federal Reserve announced on […] Read more



Canadian Dollar and Business Outlook: Loonie eases off ahead of U.S. Fed announcement

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated away from the 70 United States cent mark on Wednesday. The loonie was at US$0.6985 or US$1=C$1.4316 as of 8:36 a.m. CDT, compared to Tuesday’s close at US$0.6993 or US$1=C$1.4301. The U.S. Dollar Index was up 0.37 of a point at 103.61. The U.S. Federal Reserve […] Read more


Canadian Financial Close: Loonie stays put, inflation up

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively unchanged on Tuesday after Statistics Canada released new economic data. The loonie ended the day at US$0.6993 or US$1=C$1.4301, compared to US$0.6991 or US$1=C$1.4304 on Monday. StatCan reported Canada’s inflation rate jumped to 2.6 per cent in February, the same month the federal government’s temporary tax […] Read more



Canadian Financial Close: Loonie up, gold hits all-time high

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar attained its highest close in nearly three weeks on Monday. The loonie ended the day at US$0.6991 or US$1=C$1.4304, compared to US$0.6950 or US$1=C$1.4388 on Friday. The United States Dollar Index declined 0.33 of a point at 103.39. The U.S. Commerce Department reported February retail sales did not […] Read more




Canadian dollar and business outlook

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Friday morning amid ongoing tariff uncertainty. At 8:51 a.m. CDT the Canadian dollar was trading at US$0.6950 or US$1=C$1.4388 which compares with Thursday’s close of US$0.6940 or US$1=C$1.4409. Canadian manufacturing sales were up by 1.7 per cent in January to C$73.0 billion, reported […] Read more