Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger Monday morning, posting solid gains relative to its United States counterpart to start the week. At 8:47 a.m. CST the Canadian dollar was trading at US$0.7011 or US$1=C$1.4263 which compares with Friday’s close of US$0.6928 or US$1=C$1.4435. Donald Trump takes office as the next U.S. […] Read more
Canadian dollar and business outlook
Canadian Financial Close: Loonie ends week in decline
Glacier FarmMedia | MarketsFarm – The Canadian dollar moved lower on Friday due to an increase in the United States dollar and losses in crude oil. The loonie closed at US$0.6928 or US$1=C$1.4435, down from US$0.6950 or US$1=C$1.4388 on Thursday. The U.S. Dollar Index was up 0.45 of a point at 109.40. The U.S. markets […] Read more
Canadian Dollar and Business Outlook: Canola, crude oil weaken
Glacier FarmMedia | MarketsFarm – The Canadian dollar fell sharply on Friday morning. The loonie was at US$0.6921 or US$1=C$1.4449 as of 8:35 a.m. CST, compared to Thursday’s close at US$0.6950 or US$1=C$1.4388. The United States Dollar Index gained 0.43 of a point at 109.39. Crude oil was lower as the Israel-Hamas ceasefire outweighed sanctions […] Read more
Canadian Financial Close: Loonie, crude oil move backwards
Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back on Thursday. The loonie closed at US$0.6950 or US$1=C$1.4388, down from US$0.6976 or US$1=C$1.4334 on Wednesday. However, the United States Dollar Index was down 0.13 of a point at 108.96. Crude oil eased off from expectations the Israel-Hamas ceasefire will halt attacks by […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil return to the red
Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated on Thursday morning. The loonie was at US$0.6948 or US$1=C$1.4393 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.6976 or US$1=C$1.4334. The United States Dollar Index gained 0.19 of a point at 109.28. Crude oil was slightly lower on Thursday. Brent crude oil was […] Read more
Canadian Financial Close: Loonie up, crude oil soars
The Canadian dollar had its highest close in nearly a month on Wednesday. The loonie closed at US$0.6976 or US$1=C$1.4334, up from US$0.6958 or US$1=C$1.4371 on Tuesday. The closing rate hadn’t been this high for the loonie since Dec. 17. The United States Dollar Index was down 0.23 of a point at 109.05. Inflation in […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil higher
Glacier FarmMedia | MarketsFarm – The Canadian dollar moved closer to the 70 United States cent level on Wednesday morning. The loonie was at US$0.6984 or US$1=C$1.4318 as of 8:35 a.m. CST, compared to Tuesday’s close at US$0.6958 or US$1=C$1.4371. The United States Dollar Index lost 0.60 of a point at 108.67 after it was reported […] Read more
Canadian Financial Close: Loonie improves, crude oil retreats
Glacier FarmMedia | MarketsFarm – The Canadian dollar moved up for the second straight day on Tuesday. The loonie closed at US$0.6958 or US$1=C$1.4371, up from US$0.6939 or US$1=C$1.4411 on Monday. The United States Dollar Index lost 0.72 of a point at 109.24 ahead of an inflation report tomorrow morning which could decide the Federal […] Read more
Canadian Dollar and Business Outlook: Loonie makes small gain
Glacier FarmMedia | MarketsFarm – The Canadian dollar was on the rise Tuesday morning. The loonie was at US$0.6947 or US$1=C$1.4395 as of 8:31 a.m. CST, compared to Monday’s close at US$0.6939 or US$1=C$1.4411. The United States Dollar Index lost 0.35 of a point at 109.60. Crude oil underwent a slight correction after prices jumped on […] Read more
Canadian Financial Close: Crude oil jumps, TSX falls
Glacier FarmMedia | MarketsFarm – The Canadian dollar made minimal gains on Monday. The loonie closed at US$0.6939 or US$1=C$1.4411, up from US$0.6934 or US$1=C$1.4422 on Friday. The United States Dollar Index added 0.27 of a point at 109.92. Earlier in the day, the index surpassed the 110-point level for the first time since October 2022. […] Read more