Canadian Dollar and Business Outlook: Loonie plunges lower

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar struggled on Wednesday morning. The loonie was at US$0.6969 or US$1=C$1.4349 as of 8:31 a.m. CST, compared to Tuesday’s close at US$0.6999 or US$1=C$1.4287. The United States Dollar Index strengthened 0.21 of a point at 106.51. Crude oil moved slightly lower as the market awaited a deal to […] Read more

Canadian Financial Close: Loonie, crude oil slide

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar slid just below the 70 United States cent mark on Tuesday. The loonie closed Tuesday at US$0.6999 or US$1=C$1.4287, compared to US$0.7030 or US$1=C$1.4225 on Monday. The U.S. Dollar Index dropped 0.34 of a point at 106.26. Crude oil fell on Tuesday to a two-month low after U.S. […] Read more


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

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to decline on Tuesday morning. The loonie was at US$0.7014 or US$1=C$1.4257 as of 8:35 a.m. CST, compared to Monday’s close at US$0.7030 or US$1=C$1.4225. The United States Dollar Index was down 0.17 of a point at 106.42. Crude oil moved lower as U.S. President Donald Trump […] Read more

Canadian Financial Close: Loonie starts week in retreat

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Monday. The loonie closed at US$0.7030 or US$1=C$1.4225, less than US$0.7039 or US$1=C$1.4207 on Friday. The United States Dollar Index added 0.09 of a point at 106.71. Crude oil was higher on Monday as the market monitors progress towards a peace deal […] Read more



Canadian Financial Close: Surrounded by negativity, loonie gets away with a dip

Trump tariff threats pressure markets

Reading Time: < 1 minute The Canadian dollar slipped on Friday due to gains in its United States counterpart and sharp losses in crude oil. The loonie closed Friday at US$0.7039 or US$1=C$1.4207, compared to Thursday’s finish of US$0.7048 or US$1=C$1.4188. On the U.S. Dollar Index, the greenback added 0.286 of a point at 106.555. Benchmark crude oil prices were […] Read more


Canadian Dollar and Business Outlook: Loonie virtually unchanged

StatCan issues retasil sales report

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar held firm on Friday morning following the latest retail sales report from Statistics Canada. As of 8:39 am CST, the loonie was at US$0.7050 or US$1=C$1.4185 compared to Thursday’s close of US$0.7048 or US$1=C$1.4188. On the United States Dollar Index, the greenback climbed 0.241 of […] Read more

Canadian Financial Close: Loonie retakes ground

Hard loss for greenback

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished higher on Thursday by almost two-tenths of cent as the United States dollar pulled back while crude oil edged upward. The loonie closed on Thursday at US$0.7048 or US$1=C$1.4188, compared to Wednesday’s finish of US$0.7031 or US$1=C$1.4223. On the U.S. Dollar Index, […] Read more


Canadian Dollar and Business Outlook: Positive momentum for loonie

Lower greenback, higher crude oil

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar climbed higher on Thursday morning aided by declines in its United States counterpart and upticks in crude oil. As of 8:32 am CST, the loonie was at US$0.7046 or US$1=C$1.4191 compared to Wednesday’s close of US$0.7031 or US$1=C$1.4223. On the United States Dollar Index, the […] Read more

Canadian Financial Close: Loonie dips again

Greenback, crude oil increase

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued to slip back on Wednesday The loonie closed on Wednesday at US$0.7031 or US$1=C$1.4223, compared to Tuesday’s finish of US$0.7046 or US$1=C$1.4193. On the U.S. Dollar Index, the greenback tacked on 0.105 of a point at 107.060. Benchmark crude oil prices edged […] Read more