Canadian Dollar and Business Outlook: Loonie steps back

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar was lower on Wednesday morning. The loonie was at US$0.7216 or US$1=C$1.3858 as of 8:36 a.m. CDT, compared to Tuesday’s close at US$0.7227 or US$1=C$1.3837. The United States Dollar Index was up 0.34 of a point at 98.57. Crude oil prices were slightly higher on Wednesday as the trade […] Read more

Canadian Financial Close: Very little movement for loonie

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar remained relatively steady on Tuesday despite another day of losses for crude oil. The loonie closed at US$0.7227 or US$1=C$1.3837 on Tuesday, compared to US$0.7228 or US$1=C$1.3835 on Monday. The United States Dollar Index declined 0.23 of a point at 98.20. Crude oil prices corrected themselves as uncertainty over […] Read more



Canadian Financial Close: Loonie, crude oil rise higher

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar maintained its positive momentum on Monday, aided by gains in crude oil and despite a strong gain in the United States dollar. The loonie closed at US$0.7228 or US$1=C$1.3835 on Monday, compared to US$0.7218 or US$1=C$1.3854 on Friday. The U.S. Dollar Index added 0.70 of a point at 98.42. Crude […] Read more


Canadian Dollar and Business Outlook: Loonie, crude oil on the rise

Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar stepped up on Monday morning, getting support from increases in crude oil. The loonie was at US$0.7227 or US$1=C$1.3837 as of 8:30 a.m. CDT, compared to Friday’s close at US$0.7218 or US$1=C$1.3854. The United States Dollar Index added 0.18 of a point at 97.90. Crude oil prices were higher on […] Read more

Canadian Financial Close: Loonie returns above 72 U.S. cents

Greenback falls hard

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar on Friday  finally turned around to close higher, following the Statistics Canada retail sales report and that the federal government will remove some tariffs on the United States. StatCan reported June retail sales were up 1.5 per cent at C$70.2 billion with increases […] Read more


Canadian Dollar and Business Outlook: Loonie keeps back peddling

Little movement in U.S. greenback

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The doldrums for the Canadian dollar continued on Friday morning with more declines. As of 8:46 am CDT, the loonie was at US$0.7184 or US$1=C$1.3920 compared to Thursday’s close of US$0.7196 or US$1=C$1.3897. On the United States Dollar Index, the greenback bumped up 0.054 of a point […] Read more

Canadian Financial Close: More losses for loonie

Canuck buck down more than 6/10ths over the last week

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped below 72 U.S. cents on Thursday, as its downturn pressed on for a seventh consecutive session. The loonie finished at US$0.7196 or US$1=C$1.3897, compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. Over the last week, it has dropped 0.64 of a cent. […] Read more


Canadian Dollar and Business Outlook: Loonie still losing ground

Dips below 72 U.S. cents

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased below 72 U.S. cents on Thursday morning, as its United States counterpart rose slightly and crude oil was relatively firm. As of 8:36 am CDT, the loonie was at US$0.7198 or US$1=C$1.3892 compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. On the U.S. […] Read more

Canadian Financial Close: Another dip for the loonie

Greenback steady, crude higher

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped a little lower on Wednesday, unable to latch on to support from crude oil. The loonie finished at US$0.7212 or US$1=C$1.3866, compared to Monday’s close of US$0.7219 or US$1=C$1.3852. The United States Dollar Index tacked on 0.026 of a point at 98.145. […] Read more