Canadian Financial Close: New highs for TSX, gold

The Canadian dollar was relatively steady on Wednesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7252 or US$1=C$1.3789 on Tuesday. The United States Dollar Index was down 0.24 of a point at 98.15. Crude oil prices fell on Wednesday after reports suggested OPEC+ could decide at its meeting on Sunday to raise output[...]



Canadian Financial Close: Loonie steady, mercurial day for gold

Glacier FarmMedia -- The Canadian dollar stayed put on Friday, maintaining its 0.24 U.S. cent gain from the previous week. The loonie closed at US$0.7272 or US$1=C$1.3751 on Friday, compared to US$0.7271 or US$1=C$1.3753 on Thursday. Statistics Canada reported this morning that the country’s economy shed 41,000 jobs in July, but the unemployment rate was[...]