Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Monday morning. Support from gains in equity and metal markets was countered by weakness in crude oil. At 9:01 a.m. CDT the Canadian dollar was trading at US$0.7123 or US$1=C$1.4039 which compares with Friday’s close of US$0.7125 or US$1=C$1.4035. Canada’s Industrial Product Price Index […] Read more
Canadian dollar and business outlook
Canadian Financial Close: C$ firm Friday, but still down on week
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday but was still down on a weekly basis for the fourth week in a row. The Canadian dollar settled at US$0.7125 or US$1=C$1.4035, which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048. The continued shutdown of the U.S. government and resulting lack […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar remained rangebound Friday morning, lacking any clear direction. At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7120 or US$1=C$1.4045 which compares with Thursday’s close of US$0.7118 or US$1=C$1.4048. Speaking in Washington, D.C., on Thursday Bank of Canada Governor Tiff Macklem said the growth outlook remained […] Read more
Canadian Financial Close: C$ holding steady
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar held steady on Thursday. The Canadian dollar settled at US$0.7118 or US$1=C$1.4048, which compares with Wednesday’s close of US$0.7120 or US$1=C$1.4045. Speaking in Washington, D.C., Bank of Canada Governor Tiff Macklem said the growth outlook remained “soft” for the country. “We do expect growth in the second […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding steady Thursday morning, with currency traders awaiting comments from Bank of Canada Governor Tiff Macklem later in the day. At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7119 or US$1=C$1.4047 which compares with Wednesday’s close of US$0.7120 or US$1=C$1.4045. Macklem is set to […] Read more
Canadian Financial Close: C$ steady
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar held steady on Wednesday. The Canadian dollar settled at US$0.7120 or US$1=C$1.4045, which compares with Tuesday’s close of US$0.7119 or US$1=C$1.4046. Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in the country fell by 1.2 per cent […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning. At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Tuesday’s close of US$0.7119 or US$1=C$1.4046. Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in […] Read more
Canadian Financial Close: C$ weakens with crude oil
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar weaker on Tuesday, pressured by losses in crude oil. The Canadian dollar settled at US$0.7119 or US$1=C$1.4046, which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets were closed Monday for Thanksgiving. The International Energy Agency raised its forecast for the world oil surplus in 2026 […] Read more
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was softer relative to its United States counterpart Tuesday morning, with losses in crude oil behind some of the weakness in the energy-linked currency. At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets […] Read more
Canadian Financial Close: Markets tumble on Trump comments
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar showed no movement on Friday as it entered the Thanksgiving Day weekend lower than the week before. The loonie was unchanged from Thursday at US$0.7143 or US$1=C$1.4000 on Friday. Yet, it was still down from the Oct. 3 close of US$0.7167 or US$1=C$1.3953. The United States Dollar […] Read more