Canadian Financial Close: Loonie higher as oil and gold jump

Glacier FarmMedia | MarketsFarm – The Canadian dollar advanced on Tuesday, as prices for crude oil and gold shot upward. The loonie ended the day at US$0.7255 or US$1=C$1.3783, compared to US$0.7240 or US$1=C$1.3813 on Monday. The United States Dollar Index fell 0.62 of a point at 99.21. Statistics Canada reported today the country had a merchandise






Canadian Financial Close: Loonie higher after Carney confirms Trump meeting

PM says talks likely to be 'difficult, but constructive'

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed the week on a high note Friday by adding nearly two-tenths of a cent. The loonie finished at US$0.7246 or US$1=C$1.3800, compared to Thursday’s close of US$0.7228 or US$1=C$1.3836. On the U.S. Dollar Index, the greenback lost 0.204 of a point at


Canadian Dollar and Business Outlook: Loonie strengthens

Greenback takes another hit

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Friday morning due to a weaker United States dollar. As of 8:38 am CDT, the loonie was at US$0.7257 or US$1=C$1.3778 compared to Thursday’s close of US$0.7228 or US$1=C$1.3836. On the U.S. Dollar Index, the greenback lost 0.619 of a point at

Canadian Financial Close: Sharp gains in U.S. dollar weigh on loonie

High crude oil caps loonie's decline

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Thursday in the face of a stronger United States dollar. Increases in crude oil stemmed the loonie’s decline. The Canadian dollar closed Thursday at US$0.7228 or US$1=C$1.3836, compared to Wednesday’s finish of US$0.7240 or US$1=C$1.3812. On the U.S. Dollar Index,


Canadian Dollar and Business Outlook: Loonie holding firm

Greenback stronger, crude lower

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning held in check by a stronger United States dollar and declines in crude oil. As of 8:37 am CDT, the loonie was at US$0.7243 or US$1=C$1.3808 compared to Wednesday’s close of US$0.7242 or US$1=C$1.3809. On the United States Dollar

Canadian Financial Close: Loonie fights off pressure to rise higher

Economy shrinks in February

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar added nearly two-tenths of a cent on Wednesday, despite news Canada’s economy contracted in February. The loonie closed Wednesday at US$0.7240 or US$1=C$1.3812, compared to Tuesday’s finish of US$0.7222 or US$1=C$1.3847. On the United States Dollar Index, the greenback rose 0.457 of a