Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding relatively steady Tuesday morning amid broad geopolitical uncertainty. At 8:57 a.m. CST the Canadian dollar was trading at US$0.7206 or US$1=C$1.3877 which compares with Monday’s close of US$0.7207 or US$1=C$1.3875. The total value of building permits issued in Canada declined 13.1 per cent in November from the

Canadian financial close: C$ firm Monday

Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart on Monday. The Canadian dollar settled at US$0.7207 or US$1=C$1.3875, which compares with Friday’s close of US$0.7196 or US$1=C$1.3896. Gold climbed to record highs to start the week, rising above US$4,600 per ounce for the first time ever. Currency and


Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly firmer relative to its United States counterpart Monday morning amid broad geopolitical uncertainty and general risk aversion. At 8:46 a.m. CST the Canadian dollar was trading at US$0.7199 or US$1=C$1.3891 which compares with Friday’s close of US$0.7196 or US$1=C$1.3896. Gold climbed to record highs to start the

Canadian Financial Close: Loonie keeps falling back

By Glen Hallick Glacier FarmMedia – The Canadian dollar slipped below 72 U.S. cents at the close on Friday, as the currency continued its downward slide. The loonie finished at US$0.7196 or US$1=C$1.3896 compared to Thursday’s finish of US$0.7212 or US$1=C$1.3866. On the United States Dollar Index, the greenback remained on its upswing, tacking on






Canadian Financial Close: More losses for loonie

By Glen Hallick Glacier FarmMedia – The Canadian dollar fell nearly two-tenths of a cent on Wednesday, with pressure coming from an increase in the United States dollar and declines in crude oil. The loonie closed at US$0.7234 or US$1=C$1.3823 compared to Tuesday’s finish of US$0.7252 or US$1=C$1.3789. On the U.S. Dollar Index, the greenback


Canadian Dollar and Business Outlook: Loonie drifts lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Wednesday morning, getting little direction from the United States dollar and crude oil. As of 8:42 am CST, the loonie was at US$0.7246 or US$1=C$1.3798, compared to Tuesday’s close of US$0.7252 or US$1=C$1.3789 On the U.S. Dollar Index, the greenback shed

Canadian Financial Close: Loonie slips

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar gave up about a tenth of a cent on Tuesday but held off the worst of the pressure from a stronger United States dollar and weaker crude oil. The loonie closed at US$0.7252 or US$1=C$1.3789 compared to Monday’s close of US$0.7263 or US$1=C$1.3768. On