Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding near unchanged Monday morning. At 9:18 a.m. CDT the Canadian dollar was trading at US$0.7359 or US$1=C$1.3589, which compares with Friday’s close of US$0.7361 or US$1=C$1.3586. Canadian home sales were up by 1.3 per cent in August compared to the previous month […] Read more
Canadian dollar and business outlook
Canadian Financial Close: A slight upward nudge for the loonie
Crude fades as Francine subsidies
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar was relatively steady on Friday, even though its United States counterpart was lower and crude oil edged a little higher. The loonie closed at US$0.7361 or US$1=C$1.3586, compared to Thursday’s finish of US$0.7358 or US$1=C$1.3591. On the U.S. Dollar Index, the greenback gave up 0.223 […] Read more
Canadian Dollar and Business Outlook: Loonie pushes higher
Greenback lower, crude oil rises
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar edged higher on Friday morning, gleaning support from declines in its United States counterpart as well as upticks in crude oil. As of 8:38 am CDT, the loonie was at US$0.7367 or US$1=C$1.3577 compared to Thursday’s close of US$0.7358 or US$1=C$1.3591. On the U.S. Dollar […] Read more
Canadian Financial Close: Loonie holds firm
Doesn't take advantage of weaker greenback, stronger crude oil
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar was essentially unchanged on Thursday, despite favourable movements in the United States dollar and in crude oil. The loonie closed at US$0.7358 or US$1=C$1.3591, compared to Wednesday’s finish of US$0.7359 or US$1=C$1.3589. On the U.S. Dollar Index, the greenback lost 0.397 of a point at […] Read more
Canadian Dollar and Business Outlook: Loonie standing pat
Francine pushes crude oil upward
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia|MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning with declines in the United States dollar and upticks in crude oil balancing each other off. As of 8:37 am CDT, the loonie was at US$0.7357 or US$1=C$1.3596 compared to Wednesday’s close of US$0.7359 or US$1=C$1.3589. On the U.S. Dollar […] Read more
Canadian Financial Close: Loonie finds some strength in crude oil
Francine threatening Gulf of Mexico oil facilities
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was a pinch higher on Wednesday due to gains in crude oil. The loonie closed at US$0.7359 or US$1=C$1.3589, compared to Tuesday’s finish of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar Index, the greenback added 0.100 of a point at 101.340. Benchmark crude oil […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm along with U.S. greenback
Francine, lower inventories give boost to crude oil
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Wednesday morning given little movement in its United States counterpart and despite increases in crude oil. As of 8:42 am CDT, the loonie was at US$0.7351 or US$1=C$1.3603 compared to Tuesday’s close of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar […] Read more
Canadian Financial Close: Weaker crude oil weighs on loonie
OPEC cuts outlook, crude prices drop
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar took another step back on Tuesday, losing about two-tenths of cent due sharp declines in crude oil. The loonie closed at US$0.7353 or US$1=C$1.3599, compared to Monday’s finish of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, the greenback tacked on 0.080 of a […] Read more
Canadian Dollar and Business Outlook: Loonie slips with dip in crude
OPEC says demand to soften
Reading Time: < 1 minute The Canadian dollar lost some ground on Tuesday morning as crude oil prices stepped back, As of 8:35 am CDT, the loonie was at US$0.7364 or US$1=C$1.3578 compared to Monday’s close of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, the greenback nudged up 0.090 of a point at 101.250. Benchmark crude oil prices were […] Read more
Canadian Financial Close: Loonie steps back
Greenback on the rise
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar gave up nearly a tenth of a cent on Monday, largely due to strength in its Untied States counterpart. The loonie closed at US$0.7374 or US$1=C$1.3561, compared to Friday’s finish of US$0.7383 or US$1=C$1.3545. On the U.S. Dollar Index, the greenback was up 0.422 […] Read more