Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Monday, as currency traders reacted to the latest tariff threats from United States President Donald Trump. The Canadian dollar settled at US$0.6982 or US$1=C$1.4323, which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would announce new 25 per cent […] Read more
Canadian Financial Close: C$ softens Monday
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer Monday morning, as financial markets reacted to the latest tariff threats from United States President Donald Trump. At 8:51 a.m. CST the Canadian dollar was trading at US$0.6971 or US$1=C$1.4345 which compares with Friday’s close of US$0.6994 or US$1=C$1.4298. Trump said Sunday that he would […] Read more
Canadian Financial Close: Loonie strengthens to end week
Glacier FarmMedia | MarketsFarm – The Canadian dollar was back in positive territory on Friday, ending the week 0.90 of a United States cent higher than one week earlier. The loonie closed at US$0.6994 or US$1=C$1.4298, more than US$0.6982 or US$1=C$1.4322 on Thursday. Statistics Canada reported today that the country added 76,000 jobs in December […] Read more
Canadian Dollar and Business Outlook: Loonie up, unemployment down
Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise after the release of welcome economic data on Friday morning. The loonie was at US$0.6994 or US$1=C$1.4298 as of 8:36 a.m. CST, compared to Thursday’s close at US$0.6982 or US$1=C$1.4322. Statistics Canada reported on Friday that Canada added 76,000 jobs in December, bringing […] Read more
Canadian Financial Close: Loonie, crude oil in decline
Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6982 or US$1=C$1.4322, lower than US$0.6995 or US$1=C$1.4295 on Wednesday. The United States Dollar Index added 0.13 points at 107.71. Crude oil was in decline on Thursday. Brent crude oil weakened US$0.33 at US$74.2 per barrel. West Texas […] Read more
Canadian Dollar and Business Outlook: Loonie down, crude oil up
Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated from the 70 United States cent mark on Thursday morning. The loonie was at US$0.6976 or US$1=C$1.4335 as of 8:33 a.m. CST, compared to Wednesday’s close at US$0.6995 or US$1=C$1.4295. The U.S. Dollar Index gained 0.46 of a point at 108.04. Crude oil was on the rise […] Read more
Canadian Financial Close: Loonie hits seven-week high
Glacier FarmMedia | MarketsFarm – The Canadian dollar climbed to its highest close since Dec. 16, but ended Wednesday just shy of 70 United States cents. The loonie closed at US$0.6995 or US$1=C$1.4295, higher than US$0.6971 or US$1=C$1.4345 on Tuesday. The U.S. Dollar Index lost 0.37 points at 107.59. Crude oil dropped due to large […] Read more
Canadian Dollar and Business Outlook: Loonie surpasses 70 U.S. cents
Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to rise on Wednesday morning after planned tariffs on Canadian goods entering the United States were delayed until March. The loonie was at US$0.7003 or US$1=C$1.4280 as of 8:35 a.m. CST, compared to Tuesday’s close at US$0.6971 or US$1=C$1.4345. The United States Dollar Index stepped back by […] Read more
Canadian Financial Close: Turn-around Tuesday for loonie
Glacier FarmMedia | MarketsFarm – The Canadian dollar sharply rose on Tuesday to its highest close since Jan. 24 after planned tariffs on Canadian goods entering the United States were delayed. The loonie closed at US$0.6971 or US$1=C$1.4345, higher than US$0.6848 or US$1=C$1.4603 on Monday. The U.S. Dollar Index lost 1.03 points at 107.96. Meanwhile, […] Read more
Canadian Dollar and Business Outlook: Loonie rises, tariffs delayed
Glacier FarmMedia | MarketsFarm – The Canadian dollar surged on Tuesday morning after United States President Donald Trump announced on Monday afternoon that planned tariffs on Canadian and Mexican imports into the U.S. will be delayed until March. However, tariffs between the U.S. and Chinese imports started today. The loonie was at US$0.6954 or US$1=C$1.4380 […] Read more