Canadian Financial Close: Loonie, TSX down, crude oil advances

Glacier FarmMedia – The Canadian dollar retreated on Thursday while crude oil prices turned higher.      The loonie closed at US$0.7223 or US$1=C$1.3844, compared to US$0.7246 or C$1=C$1.3801 on Wednesday.      The United States Dollar Index gained 0.41 of a point at 100.01.      Crude oil advanced after U.S. President Donald Trump warned Iran on



Canadian Financial Close: Loonie down, TSX surges

Glacier FarmMedia – The Canadian dollar declined for the second straight day on Wednesday as crude oil prices eased off.      The loonie closed at US$0.7246 or US$1=C$1.3801, compared to US$0.7267 or C$1=C$1.3761 on Tuesday.      The United States Dollar Index gained 0.20 of a point at 99.63.      Crude oil retreated after the U.S.









Canadian financial close: C$ firm heading into weekend

Glacier FarmMedia — The Canadian dollar was slightly firmer on Friday, as world financial markets continued to react to the shifting news out of the Middle East. The Canadian dollar settled at US$0.7290 or US$1=C$1.3718, which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning. At 8:50 a.m. CDT the Canadian dollar was trading at US$0.7295 or US$1=C$1.3708 which compares with Thursday’s close of US$0.7284 or US$1=C$1.3728. Retail sales in Canada were up by 1.1 per cent in January from the previous month at C$70.7 billion, reported Statistics Canada.