Canadian Financial Close: Loonie turns lower

Trump looking to tariff Canadian dairy, lumber

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Friday, giving up the previous day’s gains. The loonie closed Friday at US$0.6958 or US$1=C$1.4371, compared to Thursday’s finish of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback stepped back 0.238 of a point at 103.445. United States

Canadian Dollar and Business Outlook: Loonie a little lower

Trump grants pause to tariffs

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Friday morning in the aftermath of sudden changes to United States tariffs. As of 8:37 am CST, the loonie was at US$0.6966 or US$1=C$1.4353 compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. On the U.S. Dollar Index, the greenback was down 0.403


Canadian Financial Close: Canada scores one-month reprieve

Loonie retakes more ground

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its upward swing on Thursday, after United States President Donald Trump agreed to one-month tariff reprieves for Canada and Mexico for goods covered under CUSMA. The loonie closed Thursday at US$0.6989 or US$1=C$1.4309, compared to Wednesday’s finish of US$0.6959 or US$1=C$1.4370. On



Canadian Financial Close: Loonie rebounds

Greenback tumbles further due to tariffs

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped more than a half cent on Wednesday, propelled by more weakness in its United States counterpart while gains were tempered by declines in crude oil. The loonie closed Wednesday at US$0.6959 or US$1=C$1.4370, compared to Tuesday’s finish of US$0.6902 or US$1=C$1.4489. On

Canadian Dollar and Business Outlook: Loonie on the rise

Are changes to U.S. tariffs on horizon?

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar swung higher on Wednesday morning following talk the Trump administration could be willing to ease off the tariffs they imposed yesterday. As of 8:35 am CST, the loonie was at US$0.6961 or US$1=C$1.4362 compared to Tuesday’s close of US$0.6902 or US$1=C$1.4489. On the U.S. Dollar


Canadian Financial Close: Tariffs pull loonie lower

Trudeau announces counter measures to Trump tariffs

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar pulled back on Tuesday, as the financial markets reacted to the tariffs imposed by United States President Donald Trump. The loonie closed Tuesday at US$0.6902 or US$1=C$1.4489, compared to Monday’s finish of US$0.6931 or US$1=C$1.4428. On the U.S. Dollar Index, the greenback fell

Canadian Financial Close: Loonie inches up a little before tariffs

Trump seemingly determined to slap levies on Canada, Mexico, China

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was a pinch higher on Monday, ahead of United States tariffs that are very likely to be imposed tomorrow. The loonie closed Monday at US$0.6931 or US$1=C$1.4428, compared to Friday’s finish of US$0.6926 or US$1=C$1.4438. On the U.S. Dollar Index, the greenback dropped


Canadian Dollar and Business Outlook: Loonie pushes higher

Trump appears to be set to slap levies on Canada, Mexico tomorrow

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Monday morning due to weakness in its United States counterpart the day ahead of the Trump administration imposing tariffs on imports from Canada and Mexico. As of 8:38 am CST, the loonie was at US$0.6944 or US$1=C$1.4400 compared to Friday’s close of

Canadian Financial Close: Loonie, crude oil fall further

Glacier FarmMedia | MarketsFarm – The Canadian dollar added to its losses on Friday, as it dropped more than one United States cent over the past week. The loonie ended the day at US$0.6926 or US$1=C$1.4438, compared to US$0.6934 or US$1=C$1.4422 on Thursday. Statistics Canada reported today that the country’s GDP increased by 2.6 per