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, crude oil lower

Glacier FarmMedia – The Canadian dollar eased off on Thursday. The loonie closed at US$0.7231 or US$1=C$1.3829, compared to US$0.7250 or US$1=C$1.3794 on Wednesday. Statistics Canada reported this morning that Canada’s merchandise trade deficit was at C$4.9 billion in July, compared to C$6 billion in June. Canada’s trade surplus with the United States grew by[...]

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[...]