Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, with expectations for an interest rate cut from the Bank of Canada next week weighing on the currency. At 8:34 a.m. CST the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales

Canadian Financial Close: C$ steady Wednesday

Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Wednesday after seeing large moves earlier in the week. The Canadian dollar settled at US$0.6959 or US$1=C$1.4369 on Wednesday, which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Wednesday morning. At 8:49 a.m. CST the Canadian dollar was trading at US$0.6956 or US$1=C$1.4376 which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous month, while the Raw

Canadian Financial Close: C$ weakens in choppy trade

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer on Tuesday, as financial markets continued to try and make sense of shifting tariff-talk from United States President Donald Trump. The Canadian dollar settled at US$0.6961 or US$1=C$1.4366 on Tuesday, which compares with Monday’s close of US$0.6978 or US$1=C$1.4330. While no tariffs on Canadian


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as currency markets reacted to the latest musings from United States President Donald Trump on trade. At 8:43 a.m. CST the Canadian dollar was trading at US$0.6938 or US$1=C$1.4413 which compares with Monday’s close of US$0.6978 or US$1=C$1.4330. While no tariffs on Canadian



Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Monday morning, posting solid gains relative to its United States counterpart to start the week. At 8:47 a.m. CST the Canadian dollar was trading at US$0.7011 or US$1=C$1.4263 which compares with Friday’s close of US$0.6928 or US$1=C$1.4435. Donald Trump takes office as the next U.S.

Canadian Financial Close: Loonie ends week in decline

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved lower on Friday due to an increase in the United States dollar and losses in crude oil. The loonie closed at US$0.6928 or US$1=C$1.4435, down from US$0.6950 or US$1=C$1.4388 on Thursday. The U.S. Dollar Index was up 0.45 of a point at 109.40. The U.S. markets


Canadian Dollar and Business Outlook: Canola, crude oil weaken

Glacier FarmMedia | MarketsFarm – The Canadian dollar fell sharply on Friday morning. The loonie was at US$0.6921 or US$1=C$1.4449 as of 8:35 a.m. CST, compared to Thursday’s close at US$0.6950 or US$1=C$1.4388. The United States Dollar Index gained 0.43 of a point at 109.39. Crude oil was lower as the Israel-Hamas ceasefire outweighed sanctions

Canadian Financial Close: Loonie, crude oil move backwards

Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6950 or US$1=C$1.4388, down from US$0.6976 or US$1=C$1.4334 on Wednesday. However, the United States Dollar Index was down 0.13 of a point at 108.96. Crude oil eased off from expectations the Israel-Hamas ceasefire will halt attacks by