Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Friday morning amid ongoing tariff uncertainty. At 8:51 a.m. CDT the Canadian dollar was trading at US$0.6950 or US$1=C$1.4388 which compares with Thursday’s close of US$0.6940 or US$1=C$1.4409. Canadian manufacturing sales were up by 1.7 per cent in January to C$73.0 billion, reported


Canadian Financial Close: C$ weakens Thursday

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Thursday amid ongoing uncertainty over the escalating trade war with the United States. The Canadian dollar settled at US$0.6940 or US$1=C$1.4409, which compares with Wednesday’s close of US$0.6949 or US$1=C$1.4391. The total value of building permits issued in Canada dipped by 3.2 per cent

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Thursday morning amid ongoing tariff uncertainty. At 8:52 a.m. CDT the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6949 or US$1=C$1.4391. The total value of building permits issued in Canada dipped by 3.2 per cent in


Canadian Financial Close: C$ strengthens following BoC rate cut

Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened relative to its United States counterpart on Wednesday, as currency traders reacted to the latest interest rate announcement from the Bank of Canada. The Canadian dollar settled at US$0.6949 or US$1=C$1.4391, which compares with Tuesday’s close of US$0.6920 or US$1=C$1.4451. The BoC lowered its key overnight

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was firm Wednesday morning as currency traders reacted to the latest policy decision from the Bank of Canada. At 9:31 a.m. CDT the Canadian dollar was trading at US$0.6937 or US$1=C$1.4415 which compares with Tuesday’s close of US$0.6920 or US$1=C$1.4451. Canada’s central bank lowered its key overnight


Canadian Financial Close: C$ softens amid tariff threats

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Tuesday, as currency traders reacted to the latest tariff threats from the United States. The Canadian dollar settled at US$0.6920 or US$1=C$1.4451, which compares with Monday’s close of US$0.6930 or US$1=C$1.4431. U.S. President Donald Trump threatened to raise tariffs on Canadian steel and aluminum

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Tuesday morning, as North American financial markets saw a continuation of Monday’s selloff amid ongoing tariff uncertainty. At 8:43 a.m. CDT the Canadian dollar was trading at US$0.6938 or US$1=C$1.4413 which compares with Monday’s close of US$0.6930 or US$1=C$1.4431. The Bank of Canada


Canadian Financial Close: C$ weakens Monday

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Monday, as currency traders adjusted positions ahead of an expected interest rate cut from the Bank of Canada later this week. Losses in equity markets and crude oil contributed to the softer tone. The Canadian dollar settled at US$0.6930 or US$1=C$1.4431, which compares with

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly weaker Monday morning, amid ongoing uncertainty over tariffs from both China and the United States. At 8:45 a.m. CST the Canadian dollar was trading at US$0.6930 or US$1=C$1.4430 which compares with Friday’s close of US$0.6958 or US$1=C$1.4371. The Bank of Canada is scheduled to make