Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was firmer Monday morning, with gains in crude oil supportive for the energy-linked currency. At 9:14 a.m. CST the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Friday’s close of US$0.7154 or US$1=C$1.3979. Canada’s manufacturing sector contracted in November, with the S&P Global Canada […] Read more
Canadian dollar and business outlook
Canadian Financial Close: Loonie, TSX rise entering the weekend
Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar saw its highest close in nearly a month following welcomed economic data from Statistics Canada. The loonie jumped to US$0.7154 or US$1=C$1.3979 on Friday, its highest close since Oct. 29, compared to US$0.7126 or US$1=C$1.4034 on Thursday. StatCan reported today that Canada’s economy grew at an annualized rate […] Read more
Canadian Dollar and Business Outlook: Loonie on the rise
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was higher on Friday morning, following the Statistics Canada report on the country’s economic growth. As of 8:35 am CST, the loonie was at US$0.7152 or US$1=C$1.3984, compared to Thursday’s close of US$0.7126 or US$1=C$1.4034. StatCan reported Canada’s real GDP improved by an annualized […] Read more
Canadian Financial Close: Small gain for loonie
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar inched up on Thursday, benefitting from increases in crude oil while the United States dollar held firm. The loonie closed at US$0.7126 or US$1=C$1.4034 compared to Wednesday’s close of US$0.7113 or US$1=C$1.4059. On the U.S. Dollar Index, the greenback was unchanged at 99.522. […] Read more
Canadian Dollar and Business Outlook: Loonie drifts upward
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar drifted higher on Thursday morning, as it gets little direction from the United States dollar and crude oil. As of 8:38 am CST, the loonie was at US$0.7120 or US$1=C$1.4045, compared to Wednesday’s close of US$0.7113 or US$1=C$1.4059. On the U.S. Dollar Index, the […] Read more
Canadian Financial Close: Loonie pushes above 71 cents
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gained almost a quarter cent on Wednesday, getting some support from improved crude oil prices. The loonie closed at US$0.7113 or US$1=C$1.4059 compared to Tuesday’s close of US$0.7090 or US$1=C$1.4104. On the U.S. Dollar Index, the greenback dipped 0.069 of a point at […] Read more
Canadian Dollar and Business Outlook: Loonie nudges higher
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar inched up on Wednesday morning, trying to recover some lost ground. As of 8:41 am CST, the loonie was at US$0.7097 or US$1=C$1.4091, compared to Tuesday’s close of US$0.7090 or US$1=C$1.4104. On the U.S. Dollar Index, the greenback rose 0.211 of a point at […] Read more
Canadian Financial Close: Loonie barely budges
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar held steady on Tuesday, benefitting from a weaker United States dollar while fending off pressure from lower crude prices. The loonie closed at US$0.7090 or US$1=C$1.4104 compared to Monday’s close of US$0.7088 or US$1=C$1.4108. On the U.S. Dollar Index, the greenback pulled back […] Read more
Canadian Dollar and Business Outlook: Loonie unchanged
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was firm on Tuesday morning, as a lower United States dollar was balanced off by declines in crude oil. As of 8:34 am CST, the loonie was at US$0.7088 or US$1=C$1.4108, the same as Monday’s close. On the U.S. Dollar Index, the greenback gave […] Read more
Canadian Financial Close: Loonie inches back
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished relatively steady on Monday, as its United States counterpart followed suit while crude oil was stronger. The loonie closed at US$0.7088 or US$1=C$1.4108 compared to Friday’s close of US$0.7092 or US$1=C$1.4100. On the U.S. Dollar Index, the greenback was virtually unchanged at […] Read more