Canadian Financial Close: Loonie sheds a little bit of ground

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Monday, despite support from stronger crude oil. The loonie closed at US$0.7307 or US$1=C$1.3686 compared to Wednesday’s close of US$0.7313 or US$1=C$1.3674. On the U.S. Dollar Index, the greenback inched up 0.017 of a point at 97.715. Benchmark crude oil prices

Canadian Dollar and Business Outlook: Loonie hold firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Monday morning . As of 8:42 am CST, the loonie was at US$0.7316 or US$1=C$1.3668, compared to Wednesday’s close of US$0.7313 or US$1=C$1.3674. On the U.S. Dollar Index, the greenback shed 0.003 of a point at 97.695. Benchmark crude oil


Canadian Financial Close: Loonie closes shy of 73 U.S. cents

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar increased by almost a quarter cent on Tuesday, as its United States counterpart fell back and crude oil chalked up gains. This was also despite Statistics Canada reporting the country’s economy shrank by 0.3 per cent in October. StatCan’s preliminary estimate called for




Canadian Dollar and Business Outlook: Loonie on the rise

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed higher on Monday morning, supported by a decline in the United States dollar and an upswing in crude oil. As of 8:38 am CST, the loonie was at US$0.7274 or US$1=C$1.3752, compared to Friday’s close of US$0.7256 or US$1=C$1.3781. On the U.S. Dollar


Canadian Financial Close: Slight movement in loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed relatively steady on Friday, following modest upticks in the United States dollar and crude oil. The loonie closed at US$0.7256 or US$1=C$1.3781 compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. Dollar Index, the greenback rose 0.257 of a point

Canadian Dollar and Business Outlook: Loonie firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, as small increases in the United States dollar and crude held each other in check. As of 8:40 am CST, the loonie was at US$0.7266 or US$1=C$1.3761, compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S.


Canadian Financial Close: A slight shift in the loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Thursday, as slight movements in the United States dollar and crude oil offered little direction.   The loonie closed at US$0.7260 or US$1=C$1.3774 compared to Wednesday’s close of US$0.7256 or US$1=C$1.37482. On the U.S. Dollar Index, the greenback was up

Canadian Dollar and Business Outlook: Loonie holding firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, getting little direction from the United States dollar and crude oil. As of 8:33 am CST, the loonie was at US$0.7260 or US$1=C$1.3775, compared to Wednesday’s close of US$0.7256 or US$1=C$1.3782. On the U.S. Dollar Index, the greenback