Canadian Dollar and Business Outlook: Loonie still losing ground

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased below 72 U.S. cents on Thursday morning, as its United States counterpart rose slightly and crude oil was relatively firm. As of 8:36 am CDT, the loonie was at US$0.7198 or US$1=C$1.3892 compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. On the U.S.[...]

Canadian Financial Close: Another dip for the loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped a little lower on Wednesday, unable to latch on to support from crude oil. The loonie finished at US$0.7212 or US$1=C$1.3866, compared to Monday’s close of US$0.7219 or US$1=C$1.3852. The United States Dollar Index tacked on 0.026 of a point at 98.145.[...]


Canadian Dollar and Business Outlook: Loonie slips lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Wednesday morning despite a relatively steady United States dollar and upticks in crude oil. As of 8:35 am CDT, the loonie was at US$0.7213 or US$1=C$1.3864 compared to Tuesday’s close of US$0.7219 or US$1=C$1.3852. On the U.S. Dollar Index, the greenback[...]

Canadian Dollar and Business Outlook: Canada’s CPI dips in July

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Tuesday morning despite Statistics Canada reporting inflation was lower last month. As of 8:42 am CDT, the loonie was at US$0.7227 or US$1=C$1.3836 compared to Monday’s close of US$0.7242 or US$1=C$1.3809. On the United States Dollar Index, the greenback shed 0.037[...]


Canadian Financial Close: Loonie holds steady

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Monday following modest increases in the United States dollar and crude oil prices. The loonie finished at US$0.7242 or US$1=C$1.3809, compared to Friday’s close of US$0.7243 or US$1=C$1.3806. The U.S. Dollar Index added 0.258 of a point at 97.970. Benchmark[...]

Canadian Dollar and Business Outlook: Loonie holding firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged Monday morning with little movement in the United States dollar and global crude oil prices. As of 8:43 am CDT, the loonie was at US$0.7245 or US$1=C$1.3800 compared to Friday’s close of US$0.7243 or US$1=C$1.3806. On the U.S. Dollar Index, the[...]


Canadian Financial Close: Loonie returns above 72 U.S. cents

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[...]

Canadian Dollar and Business Outlook: Little movement for loonie

Glacier FarmMedia -- The Canadian dollar was steady Friday morning after losing ground on Thursday. The loonie was at US$0.7247 or US$1=C$1.3799 as of 8:29 a.m. CDT, compared to Thursday’s close at US$0.7243 or US$1=C$1.3806. The United States Dollar Index was down 0.35 of a point at 97.91. Crude oil prices were lower on Friday[...]


Canadian Dollar and Business Outlook: Loonie down, crude oil rises

Glacier FarmMedia – The Canadian dollar was in a downturn on Thursday morning. The loonie was at US$0.7244 or US$1=C$1.3805 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7264 or US$1=C$1.3767. The United States Dollar Index was up 0.28 of a point at 98.12. The U.S. Labor Department reported today that the Producer[...]

Canadian Dollar and Business Outlook: Loonie makes small gain

Glacier FarmMedia – The Canadian dollar was slightly higher on Wednesday morning. The loonie was at US$0.7263 or US$1=C$1.3768 as of 8:29 a.m. CDT, compared to Tuesday’s close at US$0.7260 or US$1=C$1.3775. The United States Dollar Index was down 0.24 of a point at 97.86. Crude oil prices were weaker on Wednesday as the Energy Information[...]