Canadian Dollar and Business Outlook: Loonie slips, gold falls

Glacier FarmMedia | MarketsFarm -- The Canadian dollar slipped below the 73 United States cent mark on Friday morning. The loonie was at US$0.7298 or US$1=C$1.3702 as of 8:34 a.m. CDT, compared to Thursday’s close at US$0.7337 or US$1=C$1.3630. The United States Dollar Index rose 0.43 of a point at 97.81. Crude oil prices were[...]

Canadian Financial Close: Loonie rises higher, gold falls

Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its rise on Wednesday with its best close in nearly three weeks. The loonie ended Wednesday at US$0.7348 or US$1=C$1.3609, compared to US$0.7334 or US$1=C$1.3635 on Tuesday. The United States Dollar Index dropped 0.19 of a point at 97.20. U.S. President Donald Trump announced new trade deals[...]


Canadian Dollar and Business Outlook: Loonie up, gold surges

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved above the 73 United States cent mark on Monday morning. The loonie was at US$0.7303 or US$1=C$1.3693 as of 9:40 a.m. CDT, compared to Friday’s close at US$0.7289 or US$1=C$1.3720. Canadian Prime Minister Mark Carney and Canada’s premiers will meet for a three-day summit in Muskoka, Ont.[...]



North American Grain/Oilseed Review: Canola, grains in the green

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday in choppy trade. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil prices were down in anticipation of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska today. The western Prairies[...]

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 Financial Close: More losses for loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped below 72 U.S. cents on Thursday, as its downturn pressed on for a seventh consecutive session. The loonie finished at US$0.7196 or US$1=C$1.3897, compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. Over the last week, it has dropped 0.64 of a cent.[...]


Canadian Dollar and Business Outlook: Loonie still losing ground

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased below 72 U.S. cents on Thursday morning, as its United States counterpart rose slightly and crude oil was relatively firm. As of 8:36 am CDT, the loonie was at US$0.7198 or US$1=C$1.3892 compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. On the U.S.[...]

Canadian Financial Close: Another dip for the loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped a little lower on Wednesday, unable to latch on to support from crude oil. The loonie finished at US$0.7212 or US$1=C$1.3866, compared to Monday’s close of US$0.7219 or US$1=C$1.3852. The United States Dollar Index tacked on 0.026 of a point at 98.145.[...]