Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher to start the week. The loonie closed at US$0.7435 or US$1=C$1.3450, compared to US$0.7431 or US$1=C$1.3458 on Friday. The United States Dollar Index was up 0.01 of a point at 104.12. Crude oil prices were mixed on Monday. Brent crude oil declined US$0.13 at US$82.06 […] Read more
Canadian Financial Close: Loonie slightly higher, crude oil mixed
Canadian Dollar and Business Outlook: Loonie steady, crude oil decreases
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Monday morning. The loonie was at US$0.7433 or US$1=C$1.3453 as of 8:48 a.m. CST, compared to Friday’s close of US$0.7431 or US$1=C$1.3458. The United States Dollar Index was up 0.08 of a point at 104.19. After Iran’s foreign minister said there was progress towards a […] Read more
Canadian Financial Close: Loonie inches a little higher
StatCan says unemployment dips
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged up on Friday supported by increases in crude oil while a slightly stronger United States dollar weighed on values. The Canadian dollar closed at US$0.7431 or US$1=C$1.3458, compared to Thursday’s finish of US$0.7426 or US$1=C$1.3467. On the U.S. Dollar Index, the greenback slipped […] Read more
Canadian Dollar and Business Outlook: Loonie rises a little more
StatCan reports unemployment slips to 5.7 per cent
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Friday morning, due to small increases in crude oil while the United States dollar was relatively steady. Also, Statistics Canada reported on Friday that the country’s unemployment rate declined to 5.7 per cent in December after 37,000 jobs were added. As […] Read more
Canadian Financial Close: Oil jumps but loonie remains steady
Rising Middle East tensions like to price hike
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday, despite sharp upticks in crude oil prices. The Canadian dollar closed at US$0.7426 or US$1=C$1.3467, compared to Wednesday’s finish of US$0.7424 or US$1=C$1.3469. On the U.S. Dollar Index, the greenback inched up 0.093 of a point at 104.010. Benchmark […] Read more
Canadian Dollar and Business Outlook: Little movement in loonie
Gains in greenback, crude oil
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, as upticks in the United States dollar and global crude oil prices balanced off each other. As of 8:35 am CST, the loonie was at US$0.7425 or US$1=C$1.34741 compared to Wednesday’s close of US$0.7424 or C$1.3469. On the […] Read more
Canadian Financial Close: C$ strengthens Wednesday
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Wednesday, finding support from gains in crude oil and global equity markets. The Canadian dollar settled at US$0.7424 or US$1=C$1.3469 on Wednesday, which compares with Tuesday’s close of US$0.7404 or US$1=C$1.3506. Canada’s international trade balance moved from a surplus of C$1.1 […] Read more
Canadian Dollar and Business Outlook: Loonie regaining lost ground
StatCan reports on international trade
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar continued higher on Wednesday morning, supported by declines in the United States dollar and upticks in crude oil. As of 8:35 am CST, the loonie was at US$0.7426 or US$1=C$1.3467 compared to Tuesday’s close of US$0.7404 or C$1.3506. On the U.S. Dollar Index, the […] Read more
Canadian Financial Close: Loonie bumps up
Aboutface for Greenback
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pushed above 74 U.S. cents on Tuesday, due to a weaker United States dollar and increases in crude oil. The Canadian dollar closed at US$0.7404 or US$1=C$1.3506, compared to Monday’s finish of US$0.7393 or US$1=C$1.3527. On the U.S. Dollar Index, the greenback reversed course […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
U.S. dollar, crude balance each other
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, as the United States dollar global crude oil prices essentially balanced each other. As of 8:36 am CST, the loonie was at US$0.7388 or US$1=C$1.3532 compared to Monday’s close of US$0.7393 or C$1.3527. On the U.S. Dollar Index, […] Read more