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 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 continues sliding back

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost nearly a quarter of a cent on Tuesday, unable to gain traction from Statistics Canada’s July inflation report. The loonie finished at US$0.7219 or US$1=C$1.3852, compared to Monday’s close of US$0.7242 or US$1=C$1.3809. The U.S. Dollar Index nudged up 0.118 of a[...]