Canadian Financial Close: Loonie gives up tenth of a cent

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar eased back on Monday, positioning ahead of Wednesday’s interest rate announcements from the Bank of Canada and the United States Federal Reserve. With both central banks likely to freeze their rates, the loonie finished at US$0.7287 or US$1=C$1.3723, compared to Friday’s close of[...]



Canadian Financial Close: Loonie up as U.S. markets tumble

Glacier FarmMedia -- The Canadian dollar regained some ground on Friday as its United States counterpart struggled. The loonie closed at US$0.7248 or US$1=C$1.3797, compared to US$0.7223 or US$1=C$1.3844 on Thursday. However, the closing rate paled in comparison to that of a week earlier at US$0.7297 or US$1=C$1.3704. Tariff rates on the goods of numerous[...]