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By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was claiming lost ground on Thursday morning as its United States counterpart stepped back. As of 8:53 am CDT, the loonie was at US$0.7257 or US$1=C$1.3778 compared to Wednesday’s close of US$0.7235 or US$1=C$1.3821. On the United States Dollar Index, the greenback was down[...]

The Canadian dollar reached its highest close in nine days on Wednesday, aided by higher crude oil prices. The loonie closed at US$0.7235 or US$1=C$1.3821 on Wednesday, compared to US$0.7227 or US$1=C$1.3837 on Tuesday. The United States Dollar Index was unchanged at 98.23 points. Crude oil prices recovered some of its Tuesday losses despite the[...]

Glacier FarmMedia – The Canadian dollar was lower on Wednesday morning. The loonie was at US$0.7216 or US$1=C$1.3858 as of 8:36 a.m. CDT, compared to Tuesday’s close at US$0.7227 or US$1=C$1.3837. The United States Dollar Index was up 0.34 of a point at 98.57. Crude oil prices were slightly higher on Wednesday as the trade[...]

Glacier FarmMedia -- The Canadian dollar remained relatively steady on Tuesday despite another day of losses for crude oil. The loonie closed at US$0.7227 or US$1=C$1.3837 on Tuesday, compared to US$0.7228 or US$1=C$1.3835 on Monday. The United States Dollar Index declined 0.23 of a point at 98.20. Crude oil prices corrected themselves as uncertainty over[...]

Glacier FarmMedia – The Canadian dollar eased off on Tuesday morning due to declines in crude oil. The loonie was at US$0.7220 or US$1=C$1.3850 as of 8:33 a.m. CDT, compared to Monday’s close at US$0.7228 or US$1=C$1.3835. The United States Dollar Index was down 0.18 of a point at 98.25. Crude oil prices were lower on[...]

Glacier FarmMedia – The Canadian dollar maintained its positive momentum on Monday, aided by gains in crude oil and despite a strong gain in the United States dollar. The loonie closed at US$0.7228 or US$1=C$1.3835 on Monday, compared to US$0.7218 or US$1=C$1.3854 on Friday. The U.S. Dollar Index added 0.70 of a point at 98.42. Crude[...]

Glacier FarmMedia -- The Canadian dollar stepped up on Monday morning, getting support from increases in crude oil. The loonie was at US$0.7227 or US$1=C$1.3837 as of 8:30 a.m. CDT, compared to Friday’s close at US$0.7218 or US$1=C$1.3854. The United States Dollar Index added 0.18 of a point at 97.90. Crude oil prices were higher on[...]

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar on Friday  finally turned around to close higher, following the Statistics Canada retail sales report and that the federal government will remove some tariffs on the United States. StatCan reported June retail sales were up 1.5 per cent at C$70.2 billion with increases[...]