Canadian Financial Close: Loonie steady, TSX tumbles

Glacier FarmMedia | MarketsFarm — The Canadian dollar stayed relatively unchanged and below the 70 United States cent mark to end the week. The loonie finished at US$0.6990 or US$1=C$1.4307 on Friday, compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. Statistics Canada reported that real gross domestic product rose by 0.4 per cent in January, while

Canadian Dollar and Business Outlook: Loonie, U.S. inflation up

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved upwards on Friday morning. The loonie was at US$0.6994 or US$1=C$1.4298 as of 8:33 a.m. CDT, compared to Thursday’s close at US$0.6989 or US$1=C$1.4309. Canadian Prime Minister Mark Carney will have his first conversation with United States President Donald Trump this morning as U.S. tariffs on Canadian


Canadian Financial Close: Loonie down, gold sets new record

Glacier FarmMedia | MarketsFarm — The Canadian dollar dipped back below the 70 United States cent mark on Thursday. The loonie finished at US$0.6989 or US$1=C$1.4309, compared to Wednesday’s close of US$0.7009 or US$1=C$1.4268. The U.S. Dollar Index shed 0.26 of a point at 104.29. Crude oil was slightly higher on Thursday. Brent crude oil

Canadian Dollar and Business Outlook: Loonie declines, gold finds record price

Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its rollercoaster ride on Thursday morning. The loonie was at US$0.6984 or US$1=C$1.4318 as of 8:31 a.m. CDT, compared to Wednesday’s close at US$0.7009 or US$1=C$1.4268. On Wednesday, United States President Donald Trump confirmed there will be 25 per cent tariffs imposed on auto imports starting April








Canadian Financial Close: Loonie up, TSX surges

The Canadian dollar moved closer to 70 United States cents on Monday, the day after the next federal election was called. The loonie closed at US$0.6984 or US$1=C$1.4318 on Monday, higher than US$0.6970 or US$1=C$1.4348. On Sunday, Prime Minister Mark Carney called a snap federal election to be held on April 28. The United States