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.[...]





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

Glacier FarmMedia | MarketsFarm – The Canadian dollar showed strength for the second straight day on Tuesday. The loonie was at US$0.7314 or US$1=C$1.3672 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7303 or US$1=C$1.3693. The United States Dollar Index was down 0.05 of a point at 97.80. Crude oil prices declined due[...]

Canadian Financial Close: Loonie up as U.S. dollar weakens

Glacier FarmMedia | MarketsFarm – The Canadian dollar closed above the 73 United States cent mark for the first time in a week. The loonie ended Monday at US$0.7303 or US$1=C$1.3693, compared to US$0.7289 or US$1=C$1.3720 on Friday. The U.S. Dollar Index fell 0.64 of a point at 97.84 as markets became wary of President Donald Trump’s[...]


Canadian Financial Close: Loonie unchanged, crude oil surges

Glacier FarmMedia | MarketsFarm – The Canadian dollar was unchanged on Friday but ended the week more than four-tenths of a United States cent lower. The loonie ended the day at US$0.7308 or US$1=C$1.3683. U.S. President Donald Trump threatened 35 per cent tariffs on Canadian imports, excluding those from the energy sector and those already covered by[...]

Canadian Financial Close: Crude oil down, TSX rises

Glacier FarmMedia | MarketsFarm – The Canadian dollar uncovered some upside on Thursday as tariff threats from United States President Donald Trump continued to rattle markets. The loonie ended the day at US$0.7308 or US$1=C$1.3683, compared to US$0.7303 or US$1=C$1.3693 on Wednesday. The U.S. Dollar Index was up 0.04 of a point at 97.60. Benchmark crude oil[...]



Canadian Financial Close: Loonie down, crude oil steady

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back to its lowest close in two weeks. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7312 or US$1=C$1.3677 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 97.49. Benchmark crude oil prices were virtually unchanged on Wednesday, as increased[...]