Canadian Financial Close: Loonie steady, crude oil jumps

Glacier FarmMedia MarketsFarm – The Canadian dollar was unchanged on Wednesday despite a weaker United States dollar and higher crude oil prices. The loonie closed at US$0.7307 or US$1=C$1.3686. The U.S. Dollar Index declined 0.50 of a point at 103.77 due to a sharp rally in the Japanese yen. Crude oil prices were higher because






Canadian dollar and business outlook

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Monday morning amid general global economic uncertainty. At 8:45 a.m. CDT the Canadian dollar was trading at US$0.7319 or US$1=C$1.3663, which compares with Friday’s close of US$0.7338 or US$1=C$1.3628. Canadian manufacturing sales rose by 0.4 per cent in May, hitting C$71.4 billion, according


Canadian Financial Close: TSX reaches all-time high close

Glacier FarmMedia MarketsFarm – The Canadian dollar made little change on Friday. The loonie closed at US$0.7338 or US$1=C$1.3628, compared to US$0.7340 or US$1=C$1.3624 on Thursday. The United States Dollar Index dropped 0.35 of a point at 104.09. Crude oil prices were lower after a day of volatile trading. Brent crude oil declined US$0.32 at US$85.08



Canadian Financial Close: Loonie steady, crude oil rises

Glacier FarmMedia MarketsFarm – The Canadian dollar stayed still for the most part on Thursday. The loonie closed at US$0.7340 or US$1=C$1.3624, compared to US$0.7342 or US$1=C$1.3620 on Wednesday. The United States Dollar Index dropped 0.59 of a point at 104.46. Inflation in the U.S. dropped to an annualized rate three per cent in June from