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 Financial Close: Loonie drops, new record for TSX

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Friday but still ended the week slightly higher than the last. The loonie ended Friday at US$0.7297 or US$1=C$1.3704, compared to US$0.7337 or US$1=C$1.3630 on Thursday. The closing rate on July 18 was US$0.7289 or US$1=C$1.3719. United States President Donald Trump told reporters Friday morning he[...]




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[...]