Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Thursday, hitting its highest level in two months relative to its United States counterpart. Broad weakness in the U.S. currency internationally accounted for much of the strength. The Canadian dollar settled at US$0.7021 or US$1=C$1.4242, which compares with Wednesday’s close of US$0.6994 or US$1=C$1.4298. […] Read more
Canadian Financial Close: C$ strengthens
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Thursday morning, edging above the 70 U.S. cent mark. At 8:36 a.m. CST the Canadian dollar was trading at US$0.7001 or US$1=C$1.4284 which compares with Wednesday’s close of US$0.6994 or US$1=C$1.4298. Investment in building construction in Canada rose 1.9 per cent in December to […] Read more
Canadian Financial Close: C$ steady amid trade uncertainty
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar held relatively steady on Wednesday, lacking any clear direction as currency traders continued to make sense of shifting trade policy out of the United States. The Canadian dollar settled at US$0.6994 or US$1=C$1.4298, which compares with Tuesday’s close of US$0.6990 or US$1=C$1.4307. The U.S. Consumer Price Index […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Wednesday morning, as financial markets reacted to the latest inflation data out of the United States. At 8:48 a.m. CST the Canadian dollar was trading at US$0.6979 or US$1=C$1.4329 which compares with Tuesday’s close of US$0.6990 or US$1=C$1.4307. The U.S. Consumer Price Index was […] Read more
Canadian Financial Close: C$ firm Tuesday
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer on Tuesday, as currency traders largely ignored the latest trade threats coming out of the United States. The Canadian dollar settled at US$0.6990 or US$1=C$1.4307, which compares with Monday’s close of US$0.6982 or US$1=C$1.4323. U.S. President Donald Trump signed an executive order that will […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Tuesday morning, as financial markets digested the latest tariff news out of the United States. At 8:54 a.m. CST the Canadian dollar was trading at US$0.6981 or US$1=C$1.4325 which compares with Monday’s close of US$0.6982 or US$1=C$1.4323. U.S. President Donald Trump signed an […] Read more
Canadian Financial Close: C$ softens Monday
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Monday, as currency traders reacted to the latest tariff threats from United States President Donald Trump. The Canadian dollar settled at US$0.6982 or US$1=C$1.4323, which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would announce new 25 per cent […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer Monday morning, as financial markets reacted to the latest tariff threats from United States President Donald Trump. At 8:51 a.m. CST the Canadian dollar was trading at US$0.6971 or US$1=C$1.4345 which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would […] Read more
Canadian Financial Close: Loonie strengthens to end week
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was back in positive territory on Friday, ending the week 0.90 of a United States cent higher than one week earlier. The loonie closed at US$0.6994 or US$1=C$1.4298, more than US$0.6982 or US$1=C$1.4322 on Thursday. Statistics Canada reported today that the country added 76,000 jobs in December […] Read more
Canadian Dollar and Business Outlook: Loonie up, unemployment down
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise after the release of welcome economic data on Friday morning. The loonie was at US$0.6994 or US$1=C$1.4298 as of 8:36 a.m. CST, compared to Thursday’s close at US$0.6982 or US$1=C$1.4322. Statistics Canada reported on Friday that Canada added 76,000 jobs in December, bringing […] Read more