Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning in the aftermath of sudden changes to United States tariffs. As of 8:37 am CST, the loonie was at US$0.6966 or US$1=C$1.4353 compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback was down 0.403 […] Read more
Canadian Dollar and Business Outlook: Loonie a little lower
Trump grants pause to tariffs
Canadian Financial Close: Canada scores one-month reprieve
Loonie retakes more ground
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its upward swing on Thursday, after United States President Donald Trump agreed to one-month tariff reprieves for Canada and Mexico for goods covered under CUSMA. The loonie closed Thursday at US$0.6989 or US$1=C$1.4309, compared to Wednesday’s finish of US$0.6959 or US$1=C$1.4370. On […] Read more
Canadian Dollar and Business Outlook: Loonie boosted by weaker U.S. dollar
Crude oil up modestly
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was higher on Thursday morning as its United States counterpart continued to slide downward. As of 8:34 am CST, the loonie was at US$0.6969 or US$1=C$1.4347 compared to Wednesday’s close of US$0.6959 or US$1=C$1.4370. On the U.S. Dollar Index, the greenback gave up 0.282 of […] Read more
Canadian Financial Close: Loonie rebounds
Greenback tumbles further due to tariffs
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped more than a half cent on Wednesday, propelled by more weakness in its United States counterpart while gains were tempered by declines in crude oil. The loonie closed Wednesday at US$0.6959 or US$1=C$1.4370, compared to Tuesday’s finish of US$0.6902 or US$1=C$1.4489. On […] Read more
Canadian Dollar and Business Outlook: Loonie on the rise
Are changes to U.S. tariffs on horizon?
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar swung higher on Wednesday morning following talk the Trump administration could be willing to ease off the tariffs they imposed yesterday. As of 8:35 am CST, the loonie was at US$0.6961 or US$1=C$1.4362 compared to Tuesday’s close of US$0.6902 or US$1=C$1.4489. On the U.S. Dollar […] Read more
Canadian Financial Close: Tariffs pull loonie lower
Trudeau announces counter measures to Trump tariffs
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Tuesday, as the financial markets reacted to the tariffs imposed by United States President Donald Trump. The loonie closed Tuesday at US$0.6902 or US$1=C$1.4489, compared to Monday’s finish of US$0.6931 or US$1=C$1.4428. On the U.S. Dollar Index, the greenback fell […] Read more
Canadian Financial Close: Loonie inches up a little before tariffs
Trump seemingly determined to slap levies on Canada, Mexico, China
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was a pinch higher on Monday, ahead of United States tariffs that are very likely to be imposed tomorrow. The loonie closed Monday at US$0.6931 or US$1=C$1.4428, compared to Friday’s finish of US$0.6926 or US$1=C$1.4438. On the U.S. Dollar Index, the greenback dropped […] Read more
Canadian Dollar and Business Outlook: Loonie pushes higher
Trump appears to be set to slap levies on Canada, Mexico tomorrow
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Monday morning due to weakness in its United States counterpart the day ahead of the Trump administration imposing tariffs on imports from Canada and Mexico. As of 8:38 am CST, the loonie was at US$0.6944 or US$1=C$1.4400 compared to Friday’s close of […] Read more
Canadian Financial Close: Loonie, crude oil fall further
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar added to its losses on Friday, as it dropped more than one United States cent over the past week. The loonie ended the day at US$0.6926 or US$1=C$1.4438, compared to US$0.6934 or US$1=C$1.4422 on Thursday. Statistics Canada reported today that the country’s GDP increased by 2.6 per […] Read more
Canadian Dollar and Business Outlook: Canada’s economy rises, crude oil drops
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was slightly lower on Friday despite welcome economic news from Statistics Canada. The loonie was at US$0.6928 or US$1=C$1.4434 as of 8:33 a.m. CST, compared to Thursday’s close at US$0.6934 or US$1=C$1.4422. StatCan reported today that the country’s GDP increased by 2.6 per cent in the fourth […] Read more