Canadian Financial Close: Loonie remains on the rise

Glacier FarmMedia | MarketsFarm – For the second straight day, the Canadian dollar made up some ground against its United States counterpart. The loonie closed at US$0.7138 or US$1=C$1.4010 on Thursday, compared to US$0.7125 or US$1=C$1.4036 on Wednesday. The U.S. Dollar Index added 0.06 of a point at 106.14. U.S. markets were closed on Thursday due


Canadian Dollar and Business Outlook: Loonie rises slowly

Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to recover on Thursday morning. The loonie was at US$0.7136 or US$1=C$1.4013 as of 8:32 a.m. CST, compared to US$0.7125 or US$1=C$1.4036. The United States Dollar Index increased 0.22 of a point at 106.30. U.S. markets are closed today due to the Thanksgiving Day holiday. Crude

Canadian Financial Close: Loonie up, crude oil steady

Glacier FarmMedia | MarketsFarm – The Canadian dollar bounced back on Wednesday while staying above 71 United States cents. The loonie closed at US$0.7125 or US$1=C$1.4036, compared to US$0.7101 or US$1=C$1.4082 on Tuesday. The U.S. Dollar Index fell 0.89 of a point at 106.12. U.S. markets will be closed on Thursday due to the Thanksgiving Day



Canadian Financial Close: Loonie takes a big hit

Trump's tariffs threaten Canadian economy

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dropped more than a half cent on Tuesday, following statements made by United States President-elect Donald Trump that he will impose 25 per cent tariffs on goods imported from Canada and Mexico on his first day of office. Reports said the tariffs could


Canadian Dollar and Business Outlook: Loonie falls on Trump tariff talk

25 per cent hike on Trump's first day

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Tuesday morning, following the announcement by United States President-elect Donald Trump that his administration would slap a 25 per cent tariff on imported goods from Canada. As of 8:36 am CST, the loonie was at US$0.7085 or US$1=C$1.4114 compared to Monday’s close

Canadian Financial Close: Loonie stands pat

Big drops in greenback, crude oil

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Monday, despite major movements in the United States dollar and crude oil. The loonie closed at US$0.7153 or US$1=C$1.3980 compared to Friday’s finish of US$0.7154 or US$1=1.3979. On the U.S. Dollar Index, the greenback lost 0.662 of a point



Canadian Financial Close: Loonie steps back

U.S. greenback hits two-year high

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped on Friday, forfeiting almost a tenth of a cent to a stronger United States dollar but increases in crude oil halted further declines. The loonie closed at US$0.7154 or US$1=C$1.3979 compared to Thursday’s finish of US$0.7163 or US$1=1.3960. On the U.S. Dollar