Canadian Dollar and Business Outlook: Loonie down, crude oil drops

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar eased off on Friday morning as the Labour Day weekend approaches. Markets in Canada and the U.S. will not trade on Monday due to Labour Day. The loonie was at US$0.7412 or US$1=C$1.3492 as of 8:31 a.m. CDT, compared to US$0.7422 or US$1=C$1.3474 on Thursday. The United States Dollar […] Read more

Canadian Financial Close: Loonie stays put, crude oil rises

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar closed virtually unchanged on Thursday, with pressure from gains in the United States dollar and support from increases in crude oil countering each other. The loonie closed at US$0.7422 or US$1=C$1.3474, compared to US$0.7423 or US$1=C$1.3471 on Wednesday. Meanwhile, the United States Dollar Index was up 0.29 of a […] Read more


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

Reading Time: < 1 minute The Canadian dollar was easing back again on Thursday morning. The loonie was at US$0.7417 or US$1=C$1.3483 as of 8:31 a.m. CDT, compared to US$0.7423 or US$1=C$1.3472 on Wednesday. The United States Dollar Index increased 0.29 of a point at 101.38. U.S. economic growth, fewer stockpiles and a partial halt in Libyan production caused crude […] Read more

Canadian Financial Close: Loonie, crude oil prices decline

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar saw its first decline in six days on Wednesday. The loonie closed at US$0.7423 or US$1=C$1.3471, compared to US$0.7429 or US$1=C$1.3460 on Tuesday. Meanwhile, the United States Dollar Index was up 0.59 of a point at 101.15. Crude oil prices continued to fade on Wednesday. West Texas Intermediate […] Read more



Canadian Financial Close: Loonie moves up, crude oil comes down

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar rose again on Tuesday, reaching its highest level since February. The loonie closed at US$0.7429 or US$1=C$1.3460, compared to US$0.7418 or US$1=C$1.3481 on Monday. Meanwhile, the United States Dollar Index was down 0.29 of a point at 100.56. Crude oil prices nearly erased its gains from Monday. West Texas […] Read more



Canadian Financial Close: Loonie hits highest point in five months

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar reached its highest value since March on Monday. The loonie closed at US$0.7418 or US$1=C$1.3481, compared to US$0.7392 or US$1=C$1.3529 on Friday. Meanwhile, the United States Dollar Index is up 0.17 of a point at 100.89. Crude oil prices jumped after Iranian militant group Hezbollah launched rockets at […] Read more



Canadian Financial Close: Powell’s comments generates more strength for loonie

Greenback falls hard and crude rises

Reading Time: < 1 minute Canadian Financial Close: Powell’s comments generates more strength for loonie By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was stronger on Friday due to a sharp loss in the United States dollar and increases in crude oil. The loonie closed at US$0.7392 or US$1=C$1.3529, compared to Thursday’s finish of US$0.7352 or US$1=C$1.3602. […] Read more