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

Canadian Financial Close: Loonie shifts lower

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Wednesday, as the United States dollar improved and despite hikes in crude oil. The loonie closed at US$0.7256 or US$1=C$1.3782 compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback was up 0.231 of a


Canadian Dollar and Business Outlook: Loonie pulling back

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Wednesday morning, as its United States counterpart found strength. As of 8:37 am CST, the loonie was at US$0.7259 or US$1=C$1.3776, compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback gained 0.311 of a point

Canadian Financial Close: Loonie edges upwards

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar bumped up on Tuesday, supported by declines in the United States dollar and despite sharp losses in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback was down


Canadian Dollar and Business Outlook: Loonie on the rise

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar improved on Tuesday morning, as its United States counterpart lost ground and despite declines in crude oil. As of 8:36 am CST, the loonie was at US$0.7281 or US$1=C$1.3734, compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback

Canadian Financial Close: Loonie holds firm

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was virtually unchanged on Monday, with the United States dollar and crude oil effectively balancing off each other. The loonie closed at US$0.7262 or US$1=C$1.3770 compared to Friday’s close of US$0.7263 or US$1=C$1.3769. On the U.S. Dollar Index, the greenback shed 0.064 of


Canadian Dollar and Business Outlook: Loonie firm

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Monday morning, with little movement in either the United States dollar or crude oil. As of 8:39 am CST, the loonie was at US$0.7267 or US$1=C$1.3762, compared to Friday’s close of US$0.7263 or US$1=C$1.3769. On the U.S. Dollar Index, the

Canadian Financial Close: Loonie, crude oil move slightly

Glacier FarmMedia – The Canadian dollar moved slightly higher on Friday, ending the week on a high note.          The loonie settled at US$0.7263 or US$1=C$1.3769, compared to US$0.7260 or US$1=C$1.3774 on Thursday.      The United States Dollar Index was up 0.03 of a point at 98.37.      Crude oil prices were lower due to



Canadian Financial Close: Loonie climbs, crude oil reverses

Glacier FarmMedia – The Canadian dollar ended Thursday with its highest close since Sept. 17.          The loonie jumped to US$0.7260 or US$1=C$1.3774, compared to US$0.7228 or US$1=C$1.3835 on Wednesday and the U.S. Dollar Index dropped 0.47 of a point at 98.32. This followed the Bank of Canada maintaining its key rates of 2.25 per