Glacier FarmMedia | MarketsFarm – The Canadian dollar was stuck in a downward momentum on Wednesday morning. The loonie was at US$0.7225 or US$1=C$1.3841 as of 8:32 a.m. CDT, compared to Tuesday’s close at US$0.7260 or US$1=C$1.3775. The United States Dollar Index was up 0.22 of a point at 99.74. Crude oil prices jumped after […] Read more
Canadian Dollar and Business Outlook: Loonie tumbles, crude oil rises
Canadian Financial Close: Loonie, crude oil in the red
Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Tuesday as United States markets re-opened following the Memorial Day weekend. The loonie ended the day at US$0.7260 or US$1=C$1.3775, compared to US$0.7283 or US$1=C$1.3731 on Monday. The U.S. Dollar Index was up 0.50 of a point at 99.61 after President Donald Trump […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil prices down
Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Tuesday as United States markets resumed trading after the Memorial Day weekend. The loonie was at US$0.7263 or US$1=C$1.3768 as of 8:32 a.m. CDT, compared to Monday’s close at US$0.7283 or US$1=C$1.3731. The U.S. Dollar Index was up 0.11 of a point at […] Read more
Canadian Financial Close: Loonie rises higher, crude oil steady
Glacier FarmMedia | MarketsFarm – The Canadian dollar rose to its highest close since October. The loonie ended Monday at US$0.7283 or US$1=C$1.3731, compared to US$0.7270 or US$1=C$1.3756 on Friday. The United States Dollar Index was down 0.11 of a point at 99.01. Most U.S. markets were closed due to Memorial Day. Crude oil prices were […] Read more
Canadian Dollar and Business Outlook: Loonie rises over the weekend
Glacier FarmMedia | MarketsFarm – The Canadian dollar made gains on Monday morning as it inched closer to the 73 United States cent mark. The loonie was at US$0.7290 or US$1=C$1.3717 as of 8:32 a.m. CDT, compared to Friday’s close at US$0.7270 or US$1=C$1.3756. The U.S. Dollar Index was down 0.06 of a point at […] Read more
Canadian Financial Close: C$ climbs to seven-month highs
Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Friday, as fresh tariff threats from United States President Donald Trump led to broad weakness in the U.S. currency internationally. The Canadian dollar settled at US$0.7270 or US$1=C$1.3756, which compares with Thursday’s close of US$0.7210 or US$1=C$1.3870. Canadian retail sales were up by 0.8 […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Friday morning, as financial markets reacted to the latest tariff threats out of the United States. At 9:18 a.m. CDT the Canadian dollar was trading at US$0.7264 or US$1=C$1.3767 which compares with Thursday’s close of US$0.7210 or US$1=C$1.3870. Canadian retail sales were up by 0.8 […] Read more
Canadian Financial Close: C$ softens Thursday
Glacier FarmMedia — The Canadian dollar was slightly weaker on Thursday, as broad strength for the United States dollar internationally weighed on values. Positioning ahead of the June interest rate decision from the Bank of Canada accounted for some of the activity. The Canadian dollar settled at US$0.7210 or US$1=C$1.3870, which compares with Wednesday’s close […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, backing away from the two-week highs relative to its United States counterpart hit on Wednesday. At 8:37 a.m. CDT the Canadian dollar was trading at US$0.7203 or US$1=C$1.3883 which compares with Wednesday’s close of US$0.7221 or US$1=C$1.3848. Statistics Canada reported the country’s […] Read more
Canadian Financial Close: C$ at two-week highs
Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Wednesday, hitting its strongest levels in two weeks relative to its United States counterpart amid reduced expectations for a rate cut from the Bank of Canada in June. The Canadian dollar settled at US$0.7221 or US$1=C$1.3848, which compares with Tuesday’s close of US$0.7176 or […] Read more