Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar tacked about a tenth of a cent on Thursday morning as the United States dollar stepped back and crude oil inched upward. As of 8:38 am CST, the loonie was at US$0.6939 or US$1=C$1.4404 compared to Wednesday’s close of US$0.6928 or US$1=C$1.4439. On the United […] Read more
Canadian Dollar and Business Outlook: Small increase for loonie
Oil hovers around unchanged ahead of Trump's tariff deadline
Canadian Financial Close: BoC, Fed interest rate moves
One reduces, one holds firm
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back by nearly two-tenths of a cent on Wednesday, following interest rate announcements by the Bank of Canada and the United States Federal Reserve. The loonie closed on Wednesday at US$0.6928 or US$1=C$1.4435, compared to Tuesday’s finish of US$0.6947 or US$1=C$1.4394. On […] Read more
Canadian Dollar and Business Outlook: BoC makes its move
U.S. Fed set for announcement at 1 CST
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Wednesday morning after the Bank of Canada made its latest interest rate announcement. As of 8:54 am CST, the loonie was at US$0.6928 or US$1=C$1.4439 compared to Tuesday’s close of US$0.6947 or US$1=C$1.4394. On the United States Dollar Index, the greenback added […] Read more
Canadian Financial Close: Loonie eases back
BoC, Fed set to make rate announcements tomorrow
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday due to pressure from a stronger United States dollar. However, increases in crude oil and positioning ahead of two interest rate announcements tempered the losses. The loonie closed on Tuesday at US$0.6947 or US$1=C$1.4394, compared to Monday’s finish of US$0.6954 […] Read more
Canadian Dollar and Business Outlook: Loonie sitting firm
Greenback, crude oil counter each other
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Tuesday morning as a stronger United States dollar was countered by higher crude oil prices. As of 8:45 am CST, the loonie was at US$0.6957 or US$1=C$1.4378 compared to Monday’s close of US$0.6954 or US$1=C$1.4381. On the U.S. Dollar Index, the […] Read more
Canadian Financial Close: Loonie sheds ground
Crude oil fall back
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Monday due to weakness in crude oil and positioning ahead of Wednesday’s interest rate announcement by the Bank of Canada. The loonie closed on Monday at US$0.6954 or US$1=C$1.4381, compared to Friday’s finish of US$0.6975 or US$1=C$1.4336. On the U.S. […] Read more
Canadian Dollar and Business Outlook: Weaker crude pulls down loonie
Trump holding off on Columbia tariffs
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Monday morning due to losses in crude oil, although declines in the United States dollar moderated the step back. As of 8:35 am CST, the loonie was at US$0.6954 or US$1=C$1.4378 compared to Friday’s close of US$0.6975 or US$1=C$1.4336. On the U.S. […] Read more
Canadian Financial Close: C$ firm Friday
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened on Friday, amid a continued lack of any detail on possible tariffs from the United States. The Canadian dollar settled at US$0.6975 or US$1=C$1.4336, which compares with Thursday’s close of US$0.6958 or US$1=C$1.4371. New home prices in Canada dipped slightly in December, with the national new […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Friday morning. At 8:38 a.m. CST the Canadian dollar was trading at US$0.6981 or US$1=C$1.4325 which compares with Thursday’s close of US$0.6958 or US$1=C$1.4371. New home prices in Canada dipped slightly in December, with the national new housing price index down 0.1 per cent on […] Read more
Canadian Financial Close: C$ steady
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Thursday. The Canadian dollar settled at US$0.6958 or US$1=C$1.4371 on Wednesday, which compares with Tuesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales in Canada were steady November at C$67.6 billion, according to Statistics Canada data, but early indictors point to a 1.6 per […] Read more