Canadian Financial Close: Loonie down, records for TSX, gold

Glacier FarmMedia – The Canadian dollar was in reverse coming out of the Labour Day weekend. The loonie closed at US$0.7252 or US$1=C$1.3789 on Tuesday, compared to US$0.7277 or US$1=C$1.3742 on Friday. The Bank of Canada did not publish a closing rate on Monday due to the holiday. The United States Dollar Index was up[...]


Canadian Financial Close: Very little movement for loonie

Glacier FarmMedia -- The Canadian dollar remained relatively steady on Tuesday despite another day of losses for crude oil. The loonie closed at US$0.7227 or US$1=C$1.3837 on Tuesday, compared to US$0.7228 or US$1=C$1.3835 on Monday. The United States Dollar Index declined 0.23 of a point at 98.20. Crude oil prices corrected themselves as uncertainty over[...]

Canadian Dollar and Business Outlook: Loonie swings higher

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was claiming lost ground on Thursday morning as its United States counterpart stepped back. As of 8:53 am CDT, the loonie was at US$0.7257 or US$1=C$1.3778 compared to Wednesday’s close of US$0.7235 or US$1=C$1.3821. On the United States Dollar Index, the greenback was down[...]


Canadian Financial Close: Loonie, crude oil advance

The Canadian dollar reached its highest close in nine days on Wednesday, aided by higher crude oil prices. The loonie closed at US$0.7235 or US$1=C$1.3821 on Wednesday, compared to US$0.7227 or US$1=C$1.3837 on Tuesday. The United States Dollar Index was unchanged at 98.23 points. Crude oil prices recovered some of its Tuesday losses despite the[...]

Canadian Dollar and Business Outlook: Loonie steps back

Glacier FarmMedia – The Canadian dollar was lower on Wednesday morning. The loonie was at US$0.7216 or US$1=C$1.3858 as of 8:36 a.m. CDT, compared to Tuesday’s close at US$0.7227 or US$1=C$1.3837. The United States Dollar Index was up 0.34 of a point at 98.57. Crude oil prices were slightly higher on Wednesday as the trade[...]


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

The Canadian dollar turned lower on Tuesday morning. The loonie was at US$0.7245 or US$1=C$1.3803 as of 8:31 a.m. CDT, compared to Friday’s close at US$0.7277 or US$1=C$1.3742. The Bank of Canada did not publish a closing rate on Monday due to Labour Day. The United States Dollar Index was up 0.60 of a point[...]

Canadian Dollar and Business Outlook: Loonie, crude oil retreat

Glacier FarmMedia – The Canadian dollar eased off on Tuesday morning due to declines in crude oil. The loonie was at US$0.7220 or US$1=C$1.3850 as of 8:33 a.m. CDT, compared to Monday’s close at US$0.7228 or US$1=C$1.3835. The United States Dollar Index was down 0.18 of a point at 98.25. Crude oil prices were lower on[...]