Canadian Financial Close: Loonie continues to decline

Glacier FarmMedia MarketsFarm – The Canadian dollar fell to its lowest level in nearly a month on Thursday. The loonie closed at US$0.7458 or US$1=C$1.3409, compared to US$0.7473 or US$1=C$1.3382 on Wednesday. The United States Dollar Index was virtually unchanged, down 0.01 of a point at 102.35. Crude oil prices were up on Thursday due to



Canadian Financial Close: Loonie up, crude oil declines

Glacier FarmMedia MarketsFarm – The Canadian dollar saw a small gain on Wednesday. The loonie closed at US$0.7473 or US$1=C$1.3382, compared to US$0.7468 or US$1=C$1.3391 on Tuesday. The U.S. Dollar Index was down 0.18 of a point at 102.39. Crude oil prices dropped on Wednesday, as an influx of supplies pressured markets. Brent crude oil


Canadian Dollar and Business Outlook: Loonie, crude oil higher

Glacier FarmMedia MarketsFarm – The Canadian dollar made a slight gain on Wednesday morning. The loonie was at US$0.7473 or US$1=C$1.3382, up from Tuesday’s close of US$0.7468 or US$1=C$1.3391. The United States Dollar Index was down 0.02 of a point to 102.55. Crude oil prices added onto Tuesday’s gains. Brent crude oil rose US$0.59 at US$78.18

Canadian Financial Close: Loonie down, crude oil makes gains

The Canadian dollar eased back, marking a second-straight decline for the currency. The loonie closed at US$0.7468 or US$1=C$1.3391, compared to US$0.7478 or US$1=C$1.3372 on Friday. The U.S. Dollar Index was up 0.33 of a point at 102.54. Crude oil prices rose on Tuesday, recovering some of Monday’s losses. Brent crude oil gained US$1.47 at



Canadian Financial Close: Loonie, crude oil prices take a hit

Glacier FarmMedia MarketsFarm – The Canadian dollar took another step back away from the 75 United States cent mark. The loonie closed at US$0.7478 or US$1=C$1.3372, compared to US$0.7492 or US$1=C$1.3247 on Friday. The U.S. Dollar Index was down 0.16 of a point at 102.25. Crude oil prices slid after Saudi Arabia’s state-owned oil company Saudi



Canadian Financial Close: Loonie gains small amount

Unemployment in Canada holds at 5.8 per cent

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar held relatively steady on Friday, adding a little bit of strength from increases in crude oil prices. The Canadian dollar closed at US$0.7492 or US$1=C$1.3347, compared to Thursday’s finish of US$0.7488 or US$1=C$1.3354. On the U.S. Dollar Index, the greenback inched up 0.045 of