Canadian Financial Close: Loonie steady, crude oil falls

Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Friday to end the week. The loonie closed at US$0.7423 or US$1=C$1.3471, compared to US$0.7422 or US$1=C$1.3474 on Thursday. Statistics Canada (StatCan) reported earlier today that while the country added 41,000 jobs in February, the unemployment rate rose to 5.8 per cent. Most parts



Canadian Financial Close: Loonie, TSX surge

Glacier FarmMedia MarketsFarm – The Canadian dollar made a jump to go over 74 United States cents on Thursday. The loonie closed at US$0.7422 or US$1=C$1.3474, compared to US$0.7392 or US$1=C$1.3528 on Wednesday. The Bank of Canada (BoC) announced on Wednesday it will leave its key interest rate unchanged at five per cent. Statistics Canada (StatCan)



Canadian Financial Close: Loonie, crude oil make gains

Glacier FarmMedia MarketsFarm – The Canadian dollar moved towards the 74 United States cent mark on Wednesday. The loonie closed at US$0.7392 or US$1=C$1.3528, compared to US$0.7363 or US$1=C$1.3582 on Tuesday. The Bank of Canada (BoC) announced earlier today it will leave its key interest rate unchanged at five per cent. The U.S. Dollar Index



Canadian Financial Close: Lower loonie, crude oil prices

Glacier FarmMedia MarketsFarm – The Canadian dollar retreated for the second straight day on Tuesday. The loonie closed at US$0.7363 or US$1=C$1.3582, compared to US$0.7368 or US$1=C$1.3572 on Monday. The Bank of Canada (BoC) is expected to hold its key interest rate steady when making its policy announcement on Wednesday. The United States Dollar Index



Canadian Financial Close: Loonie, crude oil retreat

Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Monday. The loonie closed at US$0.7368 or US$1=C$1.3572, compared to US$0.7372 or US$1=C$1.3564 on Friday. The Bank of Canada (BoC) is expected to hold its key interest rate steady when making its policy announcement on Wednesday. Finance Minister Chrystia Freeland announced earlier today