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[...]

Canadian Dollar and Business Outlook: Loonie, U.S. inflation steady

Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday morning. The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Monday’s close at US$0.7254 or US$1=C$1.3785. The United States Dollar Index was up 0.04 of a point at 98.56. The U.S. Labor Department said today the country’s inflation rate[...]


Canadian Dollar and Business Outlook: Loonie weaker, crude oil higher

Glacier FarmMedia -- The Canadian dollar opened the week on a low note. The loonie was at US$0.7256 or US$1=C$1.3782 on Monday as of 8:29 a.m. CDT, compared to Friday’s close at US$0.7272 or US$1=C$1.3751. The United States Dollar Index rose 0.28 of a point at 98.46. U.S. inflation data will be released tomorrow, while[...]

Harvest begins in Manitoba: Report

Harvest operations are underway in Manitoba, according to the latest provincial crop report as of Aug. 12 noting that winter cereals and early spring grains and field peas were starting to come off the fields.