Canadian Financial Close: Loonie higher as oil and gold jump

Glacier FarmMedia | MarketsFarm – The Canadian dollar advanced on Tuesday, as prices for crude oil and gold shot upward. The loonie ended the day at US$0.7255 or US$1=C$1.3783, compared to US$0.7240 or US$1=C$1.3813 on Monday. The United States Dollar Index fell 0.62 of a point at 99.21. Statistics Canada reported today the country had a merchandise[...]




North American Grain/Oilseed Review: New crop canola, CBOT grains in green

Glacier FarmMedia | MarketsFarm – The July canola contract on the Intercontinental Exchange took a breather on Wednesday, while new crop positions continued their upward momentum. Rain across the southern Prairies in the coming days will improve crop conditions, but they could also pressure prices. Weakening basis levels could also be an indicator of less[...]



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

Glacier FarmMedia – The Canadian dollar was in a downturn on Thursday morning. The loonie was at US$0.7244 or US$1=C$1.3805 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7264 or US$1=C$1.3767. The United States Dollar Index was up 0.28 of a point at 98.12. The U.S. Labor Department reported today that the Producer[...]


Canadian Dollar and Business Outlook: Loonie makes small gain

Glacier FarmMedia – The Canadian dollar was slightly higher on Wednesday morning. The loonie was at US$0.7263 or US$1=C$1.3768 as of 8:29 a.m. CDT, compared to Tuesday’s close at US$0.7260 or US$1=C$1.3775. The United States Dollar Index was down 0.24 of a point at 97.86. Crude oil prices were weaker on Wednesday as the Energy Information[...]

Canadian Dollar and Business Outlook: Loonie, U.S. inflation steady

Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday morning. The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7254 or US$1=C$1.3785. The United States Dollar Index was up 0.04 of a point at 98.56. The U.S. Labor Department said today the country’s inflation rate[...]


Canadian Dollar and Business Outlook: Loonie weaker, crude oil higher

Glacier FarmMedia -- The Canadian dollar opened the week on a low note. The loonie was at US$0.7256 or US$1=C$1.3782 on Monday as of 8:29 a.m. CDT, compared to Friday’s close at US$0.7272 or US$1=C$1.3751. The United States Dollar Index rose 0.28 of a point at 98.46. U.S. inflation data will be released tomorrow, while[...]

Canadian Financial Close: Loonie steady as tariffs come into effect

Glacier FarmMedia -- The Canadian dollar was relatively steady on Thursday as tariffs imposed by United States President Donald Trump came into effect. The loonie closed at US$0.7271 or US$1=C$1.3753, compared to US$0.7275 or US$1=C$1.3746 on Wednesday. Canadian goods not covered under the Canada-U.S.-Mexico Agreement (CUSMA) are subject to 35 per cent levies. The United[...]