Canadian Financial Close: Loonie, TSX tumble

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar closed at its lowest level since Feb. 3 on Thursday. The loonie ended the day at US$0.6934 or US$1=C$1.4422, compared to US$0.6974 or US$1=C$1.4339 on Wednesday. On Thursday, United States President Donald Trump reiterated his intentions to impose tariffs on Canadian and Mexican imports on March 4. […] Read more

Canadian Dollar and Business Outlook: Loonie tumbles, crude oil surges

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning after United States President Donald Trump confirmed tariffs against Canada and Mexico will go ahead as planned on March 4. The loonie was at US$0.6930 or US$1=C$1.4430 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.6974 or US$1=C$1.4339. The United States […] Read more


Canadian Financial Close: Loonie, crude oil slightly decline

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar moved downward once again on Wednesday. The loonie closed at US$0.6974 or US$1=C$1.4339, compared to US$0.6999 or US$1=C$1.4287 on Tuesday. The U.S. Dollar Index gained 0.20 of a point at 106.51. Crude oil was slightly lower on Wednesday after the U.S. Energy Information Administration reported a decline in […] Read more

Canadian Dollar and Business Outlook: Loonie plunges lower

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar struggled on Wednesday morning. The loonie was at US$0.6969 or US$1=C$1.4349 as of 8:31 a.m. CST, compared to Tuesday’s close at US$0.6999 or US$1=C$1.4287. The United States Dollar Index strengthened 0.21 of a point at 106.51. Crude oil moved slightly lower as the market awaited a deal to […] Read more


Canadian Financial Close: Loonie, crude oil slide

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar slid just below the 70 United States cent mark on Tuesday. The loonie closed Tuesday at US$0.6999 or US$1=C$1.4287, compared to US$0.7030 or US$1=C$1.4225 on Monday. The U.S. Dollar Index dropped 0.34 of a point at 106.26. Crude oil fell on Tuesday to a two-month low after U.S. […] Read more

Canadian Dollar and Business Outlook: Loonie, crude oil in the red

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to decline on Tuesday morning. The loonie was at US$0.7014 or US$1=C$1.4257 as of 8:35 a.m. CST, compared to Monday’s close at US$0.7030 or US$1=C$1.4225. The United States Dollar Index was down 0.17 of a point at 106.42. Crude oil moved lower as U.S. President Donald Trump […] Read more


Canadian Financial Close: Loonie starts week in retreat

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Monday. The loonie closed at US$0.7030 or US$1=C$1.4225, less than US$0.7039 or US$1=C$1.4207 on Friday. The United States Dollar Index added 0.09 of a point at 106.71. Crude oil was higher on Monday as the market monitors progress towards a peace deal […] Read more



Canadian Financial Close: Surrounded by negativity, loonie gets away with a dip

Trump tariff threats pressure markets

Reading Time: < 1 minute The Canadian dollar slipped on Friday due to gains in its United States counterpart and sharp losses in crude oil. The loonie closed Friday at US$0.7039 or US$1=C$1.4207, compared to Thursday’s finish of US$0.7048 or US$1=C$1.4188. On the U.S. Dollar Index, the greenback added 0.286 of a point at 106.555. Benchmark crude oil prices were […] Read more

Canadian Dollar and Business Outlook: Loonie virtually unchanged

StatCan issues retasil sales report

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar held firm on Friday morning following the latest retail sales report from Statistics Canada. As of 8:39 am CST, the loonie was at US$0.7050 or US$1=C$1.4185 compared to Thursday’s close of US$0.7048 or US$1=C$1.4188. On the United States Dollar Index, the greenback climbed 0.241 of […] Read more