Canadian Financial Close: Loonie slips following end to trade talks with U.S.

All negotiations end 'effective immediately' says Trump

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Friday, giving up nearly two-tenths of a United States cent. The loonie finished at US$0.7312 or US$1=C$1.3676, compared to Wednesday’s close of US$0.7331 or US$1=C$1.3640. The move came after U.S. President Donald Trump said he’s ending all trade talks with Canada […] Read more


Canadian Dollar and Business Outlook: Loonie holding firm

Greenback, crude balance each other off

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, with a small upticks in the United States dollar and in crude oil countering each other. As of 8:44 am CDT, the loonie was at US$0.7327 or US$1=C$1.3650 compared to Thursday’s close of US$0.7331 or US$1=C$1.3640. On the […] Read more

Canadian Financial Close: A boost for the loonie

Weakness in greenback fuels upswing

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped about a half cent on Thursday, fueled by a downturn in its United States counterpart. The loonie finished at US$0.7331 or US$1=C$1.3640, compared to Wednesday’s close of US$0.7280 or US$1=C$1.3737. The U.S. Dollar Index lost 0.358 of a point at 96.915, the […] Read more


Canadian Dollar and Business Outlook: Loonie jumps above 73 U.S. cents

Greenback hits three-year lows

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – There’s a hike in the Canadian dollar on Thursday morning, as its United States counterpart falls back. As of 8:35 am CDT, the loonie was at US$0.7324 or US$1=C$1.3655 compared to Wednesday’s close of US$0.7280 or US$1=C$1.3737. On the U.S. Dollar Index, the greenback lost 0.423 of […] Read more

Canadian Financial Close: Loonie can’t sustain gains

Canadian dollar reverses course to fall back

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped back on Wednesday, unable to increase on the rise in crude oil. The loonie finished at US$0.7280 or US$1=C$1.3737, compared to Tuesday’s close of US$0.7293 or US$1=C$1.3712. The United States Dollar Index dipped 0.135 of a point at 97.315. Benchmark crude oil […] Read more


Canadian Dollar and Business Outlook: Loonie slips lower

U.S. greenback on the rise

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Wednesday morning as its United States counterpart was higher. As of 8:43 am CDT, the loonie was at US$0.7275 or US$1=C$1.3746 compared to Tuesday’s close of US$0.7293 or US$1=C$1.3712. On the U.S. Dollar Index, the greenback added 0.265 of a point at […] Read more

Canadian Financial Close: Loonie closes short of 73 U.S. cents

StatCan provides relatively good news on inflation

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was stronger on Tuesday, but unable to remain above 73 U.S. cents. While the United States dollar turned weaker, as did crude oil prices. The loonie finished at US$0.7293 or US$1=C$1.3712, compared to Monday’s close of US$0.7270 or US$1=C$1.3755. The U.S. Dollar Index […] Read more


Canadian Dollar and Business Outlook: Loonie finding strength

StatCan issues inflation report

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar turned around to push higher on Tuesday morning due to weakness in its United States counterpart and a good economic news. Declines in crude oil tempered the upside. As of 8:37 am CDT, the loonie was at US$0.7294 or US$1=C$1.3709 compared to Monday’s close of […] Read more

Canadian Financial Close: Crude pulls down loonie

Greenback losses soften the blow

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued to step back on Monday, with weakness in crude oil weighing on values. However, losses in the United States dollar tempered further declines. The loonie finished at US$0.7270 or US$1=C$1.3755, compared to Friday’s close of US$0.7284 or US$1=C$1.3728. The U.S. Dollar Index […] Read more