Currency markets
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Loonie to stay range bound in 2018
Following the Canadian dollar’s recent rally it should stay range bound, according to financial analysts. “It’s a little bit of…
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Drozd: Loonie turns up following two-week reversal
The Canadian dollar has been having a short covering rally for the past few months, gaining nearly .1000 relative to…
Canadian Financial Close: Loonie stays put, TSX, gold tumble
Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday as rising crude oil prices were countered by a stronger United States dollar. The loonie closed at US$0.7308 or US$1=C$1.3684, compared to US$0.7306 or US$1=C$1.3688 on Monday. The U.S. Dollar Index added 0.64 of a point at 99.02. Air strikes on Iran
Canadian Dollar and Business Outlook: Crude oil rises, markets rattled
Glacier FarmMedia – The Canadian dollar dipped below the 73 United States cent mark Tuesday morning. The loonie was at US$0.7289 or US$1=C$1.3719 as of 8:32 a.m. CST, compared to Monday’s close at US$0.7306 or US$1=C$1.3688. The U.S. Dollar Index rose 0.87 of a point at 99.25. Crude oil prices kept climbing as
Canadian Financial Close: Loonie down, crude oil jumps after Iran attacks
Glacier FarmMedia – The Canadian dollar pulled back on Monday due to a strong upswing in the United States dollar and despite sharp gains in crude oil. The loonie closed at US$0.7306 or US$1=C$1.3688, compared to US$0.7330 or US$1=C$1.3642 on Friday. The United States Dollar Index rose 0.98 of a point at 98.59.
Canadian Dollar and Business Outlook: Loonie down, crude oil jolted by attacks
Glacier FarmMedia – The Canadian dollar pulled back on Monday morning despite Middle East attacks causing a surge in crude oil prices. The loonie was at US$0.7307 or US$1=C$1.3686 as of 8:34 a.m. CST, compared to Friday’s close at US$0.7330 or US$1=C$1.3642. The United States Dollar Index rose 0.85 of a point at 98.45.
Canadian financial close: C$ strengthens Friday
Glacier FarmMedia — The Canadian dollar was stronger on Friday, as crude oil climbed higher and the United States dollar softened. The Canadian dollar settled at US$0.7330 or US$1=C$1.3642, which compares with Thursday’s close of US$0.7306 or US$1=C$1.3688. Canada’s real gross domestic product contracted by 0.2 per cent during the fourth quarter of 2025 after
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was stronger Friday morning despite mixed inflation data. At 9:32 a.m. CST the Canadian dollar was trading at US$0.7332 or US$1=C$1.3639 which compares with Thursday’s close of US$0.7306 or US$1=C$1.3688. Canada’s real gross domestic product contracted by 0.2 per cent during the fourth quarter of 2025 after rising 0.6
Canadian financial close: C$ steady Thursday
Glacier FarmMedia — The Canadian dollar held steady on Thursday. The Canadian dollar settled at US$0.7306 or US$1=C$1.3688, which compares with Wednesday’s close of US$0.7307 or US$1=C$1.3685. Quarterly earnings data from more major Canadian banks continued to top analysts’ expectations, with RBC, TD Bank and CIBC all showing increased profits during the quarter ended Jan.
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning. At 8:56 a.m. CST the Canadian dollar was trading at US$0.7308 or US$1=C$1.3684 which compares with Wednesday’s close of US$0.7307 or US$1=C$1.3685. Quarterly earnings data from more major Canadian banks continued to top analysts’ expectations, with RBC, TD Bank and CIBC all showing increased
Canadian financial close: C$ strengthens Wednesday
Glacier FarmMedia — The Canadian dollar was stronger on Wednesday. The Canadian dollar settled at US$0.7307 or US$1=C$1.3685, which compares with Tuesday’s close of US$0.7295 or US$1=C$1.3708. Solid corporate earnings data from the Bank of Montreal and the National Bank of Canada lent some support to the currency. Canadian Prime Minister Mark Carney will visit
Canadian financial close: C$ softens Tuesday
Glacier FarmMedia — The Canadian dollar was slightly softer on Monday, dipping below 73 U.S. cents. The Canadian dollar settled at US$0.7295 or US$1=C$1.3708, which compares with Monday’s close of US$0.7305 or US$1=C$1.3689. Quarterly earnings data released Tuesday by Scotiabank beat expectations, with strong growth reported in the wealth management and capital markets divisions. Adjusted