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Glacier FarmMedia – The Canadian dollar eased off on Thursday. The loonie closed at US$0.7231 or US$1=C$1.3829, compared to US$0.7250 or US$1=C$1.3794 on Wednesday. Statistics Canada reported this morning that Canada’s merchandise trade deficit was at C$4.9 billion in July, compared to C$6 billion in June. Canada’s trade surplus with the United States grew by[...]

Glacier FarmMedia – The Canadian dollar declined on Thursday morning. The loonie was at US$0.7242 or US$1=C$1.3808 as of 8:28 a.m. CDT, compared to Wednesday’s close at US$0.7250 or US$1=C$1.3794. The United States Dollar Index was up 0.13 of a point at 98.27. Data from processing firm ADP published Thursday morning said private payrolls in[...]

The Canadian dollar was relatively steady on Wednesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7252 or US$1=C$1.3789 on Tuesday. The United States Dollar Index was down 0.24 of a point at 98.15. Crude oil prices fell on Wednesday after reports suggested OPEC+ could decide at its meeting on Sunday to raise output[...]

Glacier FarmMedia – The Canadian dollar was slightly lower on Wednesday morning. The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7252 or US$1=C$1.3789. The United States Dollar Index was down 0.08 of a point at 98.32. Crude oil prices retreated after reports suggested OPEC+ could decide[...]

Glacier FarmMedia – The Canadian dollar was in reverse coming out of the Labour Day weekend. The loonie closed at US$0.7252 or US$1=C$1.3789 on Tuesday, compared to US$0.7277 or US$1=C$1.3742 on Friday. The Bank of Canada did not publish a closing rate on Monday due to the holiday. The United States Dollar Index was up[...]

The Canadian dollar turned lower on Tuesday morning. The loonie was at US$0.7245 or US$1=C$1.3803 as of 8:31 a.m. CDT, compared to Friday’s close at US$0.7277 or US$1=C$1.3742. The Bank of Canada did not publish a closing rate on Monday due to Labour Day. The United States Dollar Index was up 0.60 of a point[...]

Glacier FarmMedia -- The Canadian dollar ended the week with its highest close in a month. The loonie closed at US$0.7277 or US$1=C$1.3742 on Friday, compared to US$0.7270 or US$1=C$1.3756 on Thursday. By comparison, last week’s close was US$0.7218 or US$1=C$1.3854. Statistics Canada reported today that Canada’s economy shrank by 1.6 per cent in the[...]

Glacier FarmMedia – The Canadian dollar turned lower on Friday morning, taking hits from gains in the United States dollar and losses in crude oil. The loonie was at US$0.7259 or US$1=C$1.3776 as of 8:29 a.m. CDT, compared to Thursday’s close at US$0.7270 or US$1=C$1.3756. Statistics Canada reported today that the country’s economy shrank by[...]