Canadian Financial Close: Loonie rises, crude oil slips

Glacier FarmMedia | MarketsFarm – The Canadian dollar gained strength on Tuesday, closing at its highest level in 18 days. The loonie ended Tuesday at US$0.7334 or US$1=C$1.3635, compared to US$0.7303 or US$1=C$1.3693 on Monday. Earlier today, Canadian Prime Minister Mark Carney briefed the premiers on ongoing trade negotiations with the United States, telling reporters that he’ll[...]




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, TSX sets new record

Glacier FarmMedia | MarketsFarm - The Canadian dollar retreated as United States markets re-opened after the Independence Day weekend. The loonie closed the day at US$0.7323 or US$1=C$1.3656, compared to US$0.7350 or US$1=C$1.3605 on Friday. The U.S. Dollar Index gained 0.29 of a point at 97.47. Benchmark crude oil prices corrected themselves on Monday after[...]