Canadian Dollar and Business Outlook: Loonie steps back

Uncertainty dominates Wednesday's U,S. tariffs

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Monday morning, as uncertainty surrounds the next round of United States tariffs set to be imposed by President Donald Trump on Wednesday. As of 8:33 am CDT, the loonie was at US$0.6960 or US$1=C$1.4369 compared to Friday’s close of US$0.6990 or US$1=C$1.43307. […] Read more

Canadian Financial Close: Loonie steady, TSX tumbles

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar stayed relatively unchanged and below the 70 United States cent mark to end the week. The loonie finished at US$0.6990 or US$1=C$1.4307 on Friday, compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. Statistics Canada reported that real gross domestic product rose by 0.4 per cent in January, while […] Read more


Canadian Dollar and Business Outlook: Loonie, U.S. inflation up

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar moved upwards on Friday morning. The loonie was at US$0.6994 or US$1=C$1.4298 as of 8:33 a.m. CDT, compared to Thursday’s close at US$0.6989 or US$1=C$1.4309. Canadian Prime Minister Mark Carney will have his first conversation with United States President Donald Trump this morning as U.S. tariffs on Canadian […] Read more



Canadian Dollar and Business Outlook: Loonie declines, gold finds record price

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its rollercoaster ride on Thursday morning. The loonie was at US$0.6984 or US$1=C$1.4318 as of 8:31 a.m. CDT, compared to Wednesday’s close at US$0.7009 or US$1=C$1.4268. On Wednesday, United States President Donald Trump confirmed there will be 25 per cent tariffs imposed on auto imports starting April […] Read more

Canadian Financial Close: Loonie, U.S. dollar index hit multi-week highs

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – For the first time in more than a month, the Canadian dollar ended Wednesday above the 70 United States cent mark. The loonie finished at US$0.7009 or US$1=C$1.4268, compared to Tuesday’s close of US$0.6995 or US$1=C$1.4296. It was the loonie’s highest close since Feb. 24. The U.S. Dollar Index reached its […] Read more


Canadian Dollar and Business Outlook: Loonie, crude oil prices climb upward

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar had positive momentum on Wednesday morning. The loonie was at US$0.7010 or US$1=C$1.4265 as of 8:31 a.m. CDT, compared to Tuesday’s close at US$0.6995 or US$1=C$1.4296. The United States Dollar Index was up 0.24 of a point at 104.43. Reports of declining U.S. stockpiles lifted crude oil prices […] Read more




Canadian Financial Close: Loonie up, TSX surges

Reading Time: < 1 minute The Canadian dollar moved closer to 70 United States cents on Monday, the day after the next federal election was called. The loonie closed at US$0.6984 or US$1=C$1.4318 on Monday, higher than US$0.6970 or US$1=C$1.4348. On Sunday, Prime Minister Mark Carney called a snap federal election to be held on April 28. The United States […] Read more