Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was higher on Monday morning, due to declines in its United States counterpart and small increases in crude oil. As of 8:35 am CDT, the loonie was at US$0.7312 or US$1=C$1.3674 compared to Friday’s close of US$0.7298 or US$1=C$1.3702. On the U.S. Dollar Index, […] Read more
Canadian Dollar and Business Outlook: Loonie edges higher
Upticks in crude help to push up CDN$
Canadian Financial Close: Loonie steady, crude oil down
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was mostly steady on Friday but dipped below the 73 United States cent mark. The loonie closed at US$0.7298 or US$1=C$1.3702, compared to US$0.7300 or US$1=C$1.3698 on Thursday. The United States Dollar Index was up 0.21 of a point at 105.80. Crude oil prices were lower on Friday […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
Greenback, crude oil balancing off each other
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Friday morning, in light of small upticks in the United States dollar and crude oil. As of 8:31 am CDT, the loonie was at US$0.7297 or US$1=C$1.3703 compared to Thursday’s close of US$0.7300 or US$1=C$1.3698. On the U.S. Dollar Index, […] Read more
Canadian Financial Close: Loonie crosses threshold, crude oil higher
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – After days of small gains, the Canadian dollar reached the 73 United States cent mark on Thursday, despite strength in its United States counterpart. The loonie closed at US$0.7300 or US$1=C$1.3698, compared to US$0.7294 or US$1=C$1.3709 on Wednesday. The United States Dollar Index jumped 0.33 of a point at 105.58. Crude […] Read more
Canadian Dollar and Business Outlook: Loonie up, crude oil makes gains
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar saw a small increase on Thursday morning. The loonie was at US$0.7298 or US$1=C$1.3702 as of 8:34 a.m. CDT, compared to US$0.7294 or US$1=C$1.3709 on Wednesday. The United States Dollar Index was up 0.25 of a point at 105.50. U.S. markets were closed for most of Wednesday due […] Read more
Canadian Financial Close: Loonie higher, crude oil dips
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar moved upwards on Wednesday, closer to the 73 United States cent mark. The loonie closed at US$0.7294 or US$1=C$1.3709, compared to US$0.7287 or US$1=C$1.3723 on Tuesday. The U.S. Dollar Index was unchanged at 105.25 points. Most U.S. markets were closed for most of the day on Wednesday due […] Read more
Canadian Dollar and Business Outlook: Loonie higher, crude oil mixed
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was one step closer to the 73 United States cent mark on Wednesday morning. The loonie was at US$0.7294 or US$1=C$1.3710 as of 8:35 a.m. CDT, compared to US$0.7287 or US$1=C$1.3723 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 105.22. U.S. markets are […] Read more
Canadian Financial Close: Loonie higher, crude oil jumps
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar moved one step upward on Tuesday. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to US$0.7276 or US$1=C$1.3743 on Monday. The United States Dollar Index declined 0.05 of a point at 105.27. Crude oil prices were higher on Tuesday after a Ukrainian drone strike on a Russian refinery […] Read more
Canadian Dollar and Business Outlook: Loonie gains a little bit of ground
Supported by small increases in crude oil
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Tuesday morning due to small gains in crude oil. As of 8:42 am CDT, the loonie was at US$0.7286 or US$1=C$1.3720 compared to Monday’s close of US$0.7276 or US$1=C$1.3743. On the U.S. Dollar Index, the greenback was steady at 104.945. Benchmark […] Read more
Canadian Financial Close: Loonie steady, crude oil rises
Reading Time: < 1 minute The Canadian dollar made little headway on Monday. The loonie closed at US$0.7276 or US$1=C$1.3743, compared to US$0.7272 or US$1=C$1.3751 on Friday. The United States Dollar Index declined 0.19 of a point at 105.36. Crude oil prices jumped on Monday due to bullish economic data from China and speculation OPEC+ could delay adding more supply […] Read more