Canadian Financial Close: Loonie retreats, crude oil jumps

Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back after the release of economic news from Statistics Canada. The loonie ended Thursday at US$0.7337 or US$1=C$1.3630, compared to US$0.7348 or US$1=C$1.3609 on Wednesday. StatCan reported this morning that retail sales in Canada shrank by 1.1 per cent in May with losses led by[...]

Canadian Dollar and Business Outlook: Loonie steps back, crude oil rises

Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Thursday morning. The loonie was at US$0.7340 or US$1=C$1.3624 as of 8:28 a.m. CDT, compared to Wednesday’s close at US$0.7348 or US$1=C$1.3609. The United States Dollar Index was up 0.14 of a point at 97.35. Crude oil prices were climbing on trade[...]


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: 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: 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[...]

Harvest begins in Manitoba: Report

Harvest operations are underway in Manitoba, according to the latest provincial crop report as of Aug. 12 noting that winter cereals and early spring grains and field peas were starting to come off the fields.