Canadian Financial Close: Loonie ends down on the week

Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Friday to end a negative week for the currency. The loonie closed the day at US$0.7284 or US$1=C$1.3728, compared to US$0.7287 or US$1=C$1.36724 on Thursday. It ended the week down seven-tenths of a U.S. cent compared to June 13. The United States Dollar Index



Canadian Financial Close: Canada’s unemployment rate rises

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back below the 73 United States cent mark on Thursday. The loonie closed the day at US$0.7287 or US$1=C$1.3724, compared to US$0.7314 or US$1=C$1.3673 on Wednesday. Statistics Canada reported on Thursday that the country’s unemployment rate increased to 6.9 per cent in April, compared to 6.2






Canadian Financial Close: Loonie down, Middle East tensions rise

Glacier FarmMedia | MarketsFarm – The Canadian dollar closed lower on Tuesday as the conflict between Israel and Iran continues to escalate. The loonie finished the day at US$0.7351 or US$1=C$1.3603, compared to US$0.7376 or US$1=C$1.3558 on Monday. The United States Dollar Index jumped 0.81 of a point at 98.81. U.S. President Donald Trump urged for Iran’s