Canadian Dollar and Business Outlook: Weaker crude pulls down loonie

Trump holding off on Columbia tariffs

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was lower on Monday morning due to losses in crude oil, although declines in the United States dollar moderated the step back. As of 8:35 am CST, the loonie was at US$0.6954 or US$1=C$1.4378 compared to Friday’s close of US$0.6975 or US$1=C$1.4336. On the U.S. […] Read more

Canadian Financial Close: C$ firm Friday

Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened on Friday, amid a continued lack of any detail on possible tariffs from the United States. The Canadian dollar settled at US$0.6975 or US$1=C$1.4336, which compares with Thursday’s close of US$0.6958 or US$1=C$1.4371. New home prices in Canada dipped slightly in December, with the national new […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Friday morning. At 8:38 a.m. CST the Canadian dollar was trading at US$0.6981 or US$1=C$1.4325 which compares with Thursday’s close of US$0.6958 or US$1=C$1.4371. New home prices in Canada dipped slightly in December, with the national new housing price index down 0.1 per cent on […] Read more

Canadian Financial Close: C$ steady

Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Thursday. The Canadian dollar settled at US$0.6958 or US$1=C$1.4371 on Wednesday, which compares with Tuesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales in Canada were steady November at C$67.6 billion, according to Statistics Canada data, but early indictors point to a 1.6 per […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning, with expectations for an interest rate cut from the Bank of Canada next week weighing on the currency. At 8:34 a.m. CST the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6959 or US$1=C$1.4369. Retail sales […] Read more

Canadian Financial Close: C$ steady Wednesday

Glacier FarmMedia | MarketsFarm — The Canadian dollar held near unchanged on Wednesday after seeing large moves earlier in the week. The Canadian dollar settled at US$0.6959 or US$1=C$1.4369 on Wednesday, which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding near unchanged Wednesday morning. At 8:49 a.m. CST the Canadian dollar was trading at US$0.6956 or US$1=C$1.4376 which compares with Tuesday’s close of US$0.6961 or US$1=C$1.4366. Canada’s Industrial Product Price Index rose 0.2 per cent in December compared to the previous month, while the Raw […] Read more

Canadian Financial Close: C$ weakens in choppy trade

Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer on Tuesday, as financial markets continued to try and make sense of shifting tariff-talk from United States President Donald Trump. The Canadian dollar settled at US$0.6961 or US$1=C$1.4366 on Tuesday, which compares with Monday’s close of US$0.6978 or US$1=C$1.4330. While no tariffs on Canadian […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, as currency markets reacted to the latest musings from United States President Donald Trump on trade. At 8:43 a.m. CST the Canadian dollar was trading at US$0.6938 or US$1=C$1.4413 which compares with Monday’s close of US$0.6978 or US$1=C$1.4330. While no tariffs on Canadian […] Read more