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[...]

North American Grain/Oilseed Review: Canola, grains in the green

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday in choppy trade. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil prices were down in anticipation of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska today. The western Prairies[...]


Canadian Financial Close: Loonie, crude oil rise higher

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[...]

Canadian Dollar and Business Outlook: Loonie, crude oil on the rise

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[...]


Canadian Dollar and Business Outlook: Loonie keeps back peddling

By Glen Hallick Glacier FarmMedia | MarketsFarm – The doldrums for the Canadian dollar continued on Friday morning with more declines. As of 8:46 am CDT, the loonie was at US$0.7184 or US$1=C$1.3920 compared to Thursday’s close of US$0.7196 or US$1=C$1.3897. On the United States Dollar Index, the greenback bumped up 0.054 of a point[...]

Canadian Financial Close: More losses for loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped below 72 U.S. cents on Thursday, as its downturn pressed on for a seventh consecutive session. The loonie finished at US$0.7196 or US$1=C$1.3897, compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. Over the last week, it has dropped 0.64 of a cent.[...]