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

Canadian Dollar and Business Outlook: Loonie holding form

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Tuesday morning, as upticks in the United States dollar and crude oil essentially cancelled out each other. As of 8:39 am CST, the loonie was at US$0.7266 or US$1=C$1.3763, compared to Monday’s close of US$0.7263 or US$1=C$1.3768 On the U.S.