Canadian Financial Close: Loonie ends week in decline

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar moved lower on Friday due to an increase in the United States dollar and losses in crude oil. The loonie closed at US$0.6928 or US$1=C$1.4435, down from US$0.6950 or US$1=C$1.4388 on Thursday. The U.S. Dollar Index was up 0.45 of a point at 109.40. The U.S. markets […] Read more

Canadian Dollar and Business Outlook: Canola, crude oil weaken

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar fell sharply on Friday morning. The loonie was at US$0.6921 or US$1=C$1.4449 as of 8:35 a.m. CST, compared to Thursday’s close at US$0.6950 or US$1=C$1.4388. The United States Dollar Index gained 0.43 of a point at 109.39. Crude oil was lower as the Israel-Hamas ceasefire outweighed sanctions […] Read more


Canadian Financial Close: Loonie, crude oil move backwards

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6950 or US$1=C$1.4388, down from US$0.6976 or US$1=C$1.4334 on Wednesday. However, the United States Dollar Index was down 0.13 of a point at 108.96. Crude oil eased off from expectations the Israel-Hamas ceasefire will halt attacks by […] Read more

Canadian Dollar and Business Outlook: Loonie, crude oil return to the red

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated on Thursday morning. The loonie was at US$0.6948 or US$1=C$1.4393 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.6976 or US$1=C$1.4334. The United States Dollar Index gained 0.19 of a point at 109.28. Crude oil was slightly lower on Thursday. Brent crude oil was […] Read more


Canadian Financial Close: Loonie up, crude oil soars

Reading Time: < 1 minute The Canadian dollar had its highest close in nearly a month on Wednesday. The loonie closed at US$0.6976 or US$1=C$1.4334, up from US$0.6958 or US$1=C$1.4371 on Tuesday. The closing rate hadn’t been this high for the loonie since Dec. 17. The United States Dollar Index was down 0.23 of a point at 109.05. Inflation in […] Read more






Canadian Financial Close: Crude oil jumps, TSX falls

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar made minimal gains on Monday. The loonie closed at US$0.6939 or US$1=C$1.4411, up from US$0.6934 or US$1=C$1.4422 on Friday. The United States Dollar Index added 0.27 of a point at 109.92. Earlier in the day, the index surpassed the 110-point level for the first time since October 2022. […] Read more

Canadian Dollar and Business Outlook: Loonie pulled in different directions

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Monday morning. The loonie was at US$0.6938 or US$1=C$1.4413 as of 8:32 a.m. CST, compared to US$0.6934 or US$1=C$1.4422. The United States Dollar Index gained 0.23 of a point at 109.88. Earlier in the day, the index surpassed the 110-point level for the […] Read more