Canadian Dollar and Business Outlook: Loonie retreats, crude oil recovers

Glacier FarmMedia | MarketsFarm - The Canadian dollar took a step back to start the week. The loonie was at US$0.7331 or US$1=C$1.3641 as of 8:22 a.m. CDT, compared to Friday’s close at US$0.7350 or US$1=C$1.3605. The United States Dollar Index gained 0.24 of a point at 97.42. Crude oil prices were higher after dropping[...]

Canadian Dollar and Business Outlook: Trump threatens Canada with 35 per cent tariff

Glacier FarmMedia | MarketsFarm – Mixed economic news did little to move the Canadian dollar in any direction on Friday morning. The loonie was at US$0.7306 or US$1=C$1.3687 as of 8:19 a.m. CDT, compared to Thursday’s close at US$0.7308 or US$1=C$1.3683. United States President Donald Trump said on Thursday that he plans to impose a blanket[...]


Canadian Dollar and Business Outlook: Loonie, crude oil slip

Glacier FarmMedia | MarketsFarm – The Canadian dollar resumed its downturn on Wednesday, moving closer to the 73 United States cent mark. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:40 a.m. CDT, compared to Tuesday’s close at US$0.7312 or US$1=C$1.3677. The United States Dollar Index added 0.02 of a point at 97.54. U.S.[...]

Canadian Dollar and Business Outlook: Loonie steady, crude oil lower

Glacier FarmMedia | MarketsFarm  - The Canadian dollar was virtually unchanged on Monday morning. The loonie was at US$0.7313 or US$1=C$1.3674 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.7312 or US$1=C$1.3676. The United States Dollar Index was down 0.13 of a point at 97.27. Crude oil prices were lower due to easing[...]


Canadian Financial Close: Loonie can’t sustain gains

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped back on Wednesday, unable to increase on the rise in crude oil. The loonie finished at US$0.7280 or US$1=C$1.3737, compared to Tuesday’s close of US$0.7293 or US$1=C$1.3712. The United States Dollar Index dipped 0.135 of a point at 97.315. Benchmark crude oil[...]

Canadian Dollar and Business Outlook: Loonie holding firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, with a small upticks in the United States dollar and in crude oil countering each other. As of 8:44 am CDT, the loonie was at US$0.7327 or US$1=C$1.3650 compared to Thursday’s close of US$0.7331 or US$1=C$1.3640. On the[...]


Canadian Financial Close: A boost for the loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped about a half cent on Thursday, fueled by a downturn in its United States counterpart. The loonie finished at US$0.7331 or US$1=C$1.3640, compared to Wednesday’s close of US$0.7280 or US$1=C$1.3737. The U.S. Dollar Index lost 0.358 of a point at 96.915, the[...]

Canadian Financial Close: Crude oil drops, new high for TSX

Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off on Monday, but remained above the 73 United States cent mark. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7308 or US$1=C$1.3684 on Friday. The U.S. Dollar Index was up 0.23 of a point at 98.08. Earlier today, U.S. President Donald Trump threatened[...]


Canadian Dollar and Business Outlook: Loonie jumps above 73 U.S. cents

By Glen Hallick Glacier FarmMedia | MarketsFarm – There’s a hike in the Canadian dollar on Thursday morning, as its United States counterpart falls back. As of 8:35 am CDT, the loonie was at US$0.7324 or US$1=C$1.3655 compared to Wednesday’s close of US$0.7280 or US$1=C$1.3737. On the U.S. Dollar Index, the greenback lost 0.423 of[...]

Canadian Dollar and Business Outlook: Loonie slips lower

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Wednesday morning as its United States counterpart was higher. As of 8:43 am CDT, the loonie was at US$0.7275 or US$1=C$1.3746 compared to Tuesday’s close of US$0.7293 or US$1=C$1.3712. On the U.S. Dollar Index, the greenback added 0.265 of a point at[...]