Canadian Financial Close: Loonie, crude oil prices decline

Glacier FarmMedia MarketsFarm – The Canadian dollar saw its first decline in six days on Wednesday. The loonie closed at US$0.7423 or US$1=C$1.3471, compared to US$0.7429 or US$1=C$1.3460 on Tuesday. Meanwhile, the United States Dollar Index was up 0.59 of a point at 101.15. Crude oil prices continued to fade on Wednesday. West Texas Intermediate



Canadian Financial Close: Loonie moves up, crude oil comes down

Glacier FarmMedia MarketsFarm – The Canadian dollar rose again on Tuesday, reaching its highest level since February. The loonie closed at US$0.7429 or US$1=C$1.3460, compared to US$0.7418 or US$1=C$1.3481 on Monday. Meanwhile, the United States Dollar Index was down 0.29 of a point at 100.56. Crude oil prices nearly erased its gains from Monday. West Texas






Canadian Financial Close: Powell’s comments generates more strength for loonie

Greenback falls hard and crude rises

Canadian Financial Close: Powell’s comments generates more strength for loonie By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was stronger on Friday due to a sharp loss in the United States dollar and increases in crude oil. The loonie closed at US$0.7392 or US$1=C$1.3529, compared to Thursday’s finish of US$0.7352 or US$1=C$1.3602.


Canadian Dollar and Business Outlook: Loonie back on the rise

Getting support from higher crude oil

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar turned around on Friday morning resuming its upward trajectory, benefitting from a dip in its United States counterpart and upticks in crude oil. As of 8:40 am CDT, the loonie was at US$0.7364 or US$1=C$1.3579 compared to Thursday’s close of US$0.7352 or US$1=C$1.3602. On

Canadian Financial Close: Loonie’s rise blocked by greenback

Higher crude prices not enough

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar’s rise stalled on Thursday, as its United States counterpart regained some of the ground it has recently given up. The loonie closed at US$0.7352 or US$1=C$1.3602, compared to Wednesday’s finish of US$0.7357 or US$1=C$1.3592. On the U.S. Dollar Index, the greenback advanced 0.495 of