Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6982 or US$1=C$1.4322, lower than US$0.6995 or US$1=C$1.4295 on Wednesday. The United States Dollar Index added 0.13 points at 107.71. Crude oil was in decline on Thursday. Brent crude oil weakened US$0.33 at US$74.2 per barrel. West Texas […] Read more
Canadian Financial Close: Loonie, crude oil in decline
Canadian Dollar and Business Outlook: Loonie down, crude oil up
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated from the 70 United States cent mark on Thursday morning. The loonie was at US$0.6976 or US$1=C$1.4335 as of 8:33 a.m. CST, compared to Wednesday’s close at US$0.6995 or US$1=C$1.4295. The U.S. Dollar Index gained 0.46 of a point at 108.04. Crude oil was on the rise […] Read more
Canadian Financial Close: Loonie hits seven-week high
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar climbed to its highest close since Dec. 16, but ended Wednesday just shy of 70 United States cents. The loonie closed at US$0.6995 or US$1=C$1.4295, higher than US$0.6971 or US$1=C$1.4345 on Tuesday. The U.S. Dollar Index lost 0.37 points at 107.59. Crude oil dropped due to large […] Read more
Canadian Dollar and Business Outlook: Loonie surpasses 70 U.S. cents
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to rise on Wednesday morning after planned tariffs on Canadian goods entering the United States were delayed until March. The loonie was at US$0.7003 or US$1=C$1.4280 as of 8:35 a.m. CST, compared to Tuesday’s close at US$0.6971 or US$1=C$1.4345. The United States Dollar Index stepped back by […] Read more
Canadian Financial Close: Turn-around Tuesday for loonie
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar sharply rose on Tuesday to its highest close since Jan. 24 after planned tariffs on Canadian goods entering the United States were delayed. The loonie closed at US$0.6971 or US$1=C$1.4345, higher than US$0.6848 or US$1=C$1.4603 on Monday. The U.S. Dollar Index lost 1.03 points at 107.96. Meanwhile, […] Read more
Canadian Dollar and Business Outlook: Loonie rises, tariffs delayed
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar surged on Tuesday morning after United States President Donald Trump announced on Monday afternoon that planned tariffs on Canadian and Mexican imports into the U.S. will be delayed until March. However, tariffs between the U.S. and Chinese imports started today. The loonie was at US$0.6954 or US$1=C$1.4380 […] Read more
Canadian Financial Close: Loonie drops ahead of tariffs
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell on Monday, less than 24 hours before tariffs on goods coming from and going to the United States are enacted. The loonie closed at US$0.6848 or US$1=C$1.4603, down from US$0.6904 or US$1=C$1.4484 on Friday. The U.S. Dollar Index was up 0.52 of a point at 108.89. […] Read more
Canadian Dollar and Business Outlook: Loonie, TSX tumble due to tariffs
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was down hard on Monday morning as tariffs from the United States on Canadian and Mexican imports, as well as retaliatory tariffs go into effect tomorrow. The loonie was at US$0.6817 or US$1=C$1.4669 as of 8:31 a.m. CST, compared to Friday’s close at US$0.6904 or US$1=C$1.4484. The United […] Read more
Canadian Financial Close: Loonie drops before tariff day
White House says tariffs to be imposed tomorrow
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dropped about a third of a cent on Friday, ahead of United States President Donald Trump slapping 25 per cent tariffs on all imports of goods from Canadian and Mexico, effective Feb. 1. Earlier in the day there were reports of the Trump […] Read more
Canadian Dollar and Business Outlook: Tariff threat pulling loonie lower
Levis set to go Saturday
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Friday morning as the 25 per cent tariffs United States President Donald Trump has threatened on Canada are set to take effect tomorrow. As of 8:37 am CST, the loonie was at US$0.6882 or US$1=C$1.4527 compared to Thursday’s close of US$0.6938 or […] Read more