Search Results for:

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[...]

Glacier FarmMedia -- The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7275 or US$1=C$1.3746, compared to US$0.7254 or US$1=C$1.3785 on Tuesday. The United States Dollar Index dropped 0.53 of a point at 98.25. U.S. President Donald Trump threatened 50 per cent tariffs on goods from India earlier today due to the[...]

Glacier FarmMedia – The Canadian dollar strengthened slightly coming out of the August long weekend. The loonie closed at US$0.7254 or US$1=C$1.3785 on Tuesday, compared to US$0.7248 or US$1=C$1.3797 on Friday. The Bank of Canada did not post a closing rate on Monday. The United States Dollar Index gained 0.03 of a point at 98.81. Crude[...]

Glacier FarmMedia -- The Canadian dollar regained some ground on Friday as its United States counterpart struggled. The loonie closed at US$0.7248 or US$1=C$1.3797, compared to US$0.7223 or US$1=C$1.3844 on Thursday. However, the closing rate paled in comparison to that of a week earlier at US$0.7297 or US$1=C$1.3704. Tariff rates on the goods of numerous[...]

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back nearly two-tenths of a cent on Thursday, as Canada-United States trade talks pressed towards Friday’s deadline. The loonie finished at US$0.7223 or US$1=C$1.3844, compared to Wednesday’s close of US$0.7241 or US$1=C$1.3811. The U.S. Dollar Index nudged up 0.229 of a point[...]