Canadian dollar and business outlook

By Phil Franz-Warkentin        Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Friday morning. At 8:48 a.m. CDT the Canadian dollar was trading at US$0.7220 or US$1=C$1.3850, which compares with Thursday’s close of US$0.7222 or US$1=C$1.3846. Crude oil was weaker in early activity, as a slowdown in jobs growth in the United […] Read more



Canadian dollar and business outlook

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Thursday morning. At 9:15 a.m. CDT the Canadian dollar was trading at US$0.7235 or US$1=C$1.3822, which compares with Wednesday’s close of US$0.7242 or US$1=C$1.3809. Canadian manufacturing activity slowed in July, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) dipping to […] Read more

Canadian Financial Close: Plenty of green in markets

Glacier FarmMedia MarketsFarm – The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7342 or US$1=C$1.3809, compared to US$0.7220 or US$1=C$1.3851 on Tuesday. The United States Dollar Index dropped half of a point at 104.05. The U.S. Federal Reserve announced on Wednesday it was leaving its key interest rates unchanged, but suggested […] Read more



Canadian Financial Close: C$ steady ahead of U.S. Fed

The Canadian dollar held steady on Tuesday, with currency traders showing a reluctance to push values too far one way or the other ahead of Wednesday’s interest rate announcement from the United States Federal Reserve. The Canadian dollar settled at US$0.7220 or US$1=C$1.3851 on Tuesday, which compares with Monday’s close of US$0.7219 or US$1=C$1.3852. General […] Read more


Canadian dollar and business outlook

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Tuesday morning as currency traders await the latest interest rate announcement from the United States Federal Reserve on Wednesday. At 9:10 a.m. CDT the Canadian dollar was trading at US$0.7217 or US$1=C$1.3856, which compares with Monday’s close of US$0.7219 or US$1=C$1.3852. General […] Read more

Canadian Financial Close: C$ weakens Monday

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was softer on Monday, as currency traders await the latest interest rate announcement from the United States Federal Reserve on Wednesday. The Canadian dollar was trading at US$0.7219 or US$1=C$1.3852 late Monday, which compares with Friday’s close of US$0.7231 or US$1=C$1.3830. General expectations are […] Read more


Canadian dollar and business outlook

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Monday morning as currency traders await the latest interest rate announcement from the United States Federal Reserve on Wednesday. At 9:11 a.m. CDT the Canadian dollar was trading at US$0.7221 or US$1=C$1.3848, which compares with Friday’s close of US$0.7231 or US$1=C$1.3830. General expectations […] Read more

Canadian Financial Close: Loonie takes a dip

Crude oil's losses provides some push

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased a pinch lower on Friday, as crude oil’s losses increased. The loonie closed at US$0.7231 or US$1=C$1.3830, compared to Thursday’s finish of US$0.7236 or US$1=C$1.3819. On the U.S. Dollar Index, the greenback dipped 0.048 of a point at 104.060. Benchmark crude oil prices […] Read more