Canadian Financial Close: Loonie, TSX come down

  Glacier FarmMedia MarketsFarm – The Canadian dollar barely hung onto the 73 United States cent mark. The loonie closed at US$0.7301 or US$1=C$1.3696, compared to US$0.7307 or US$1=C$1.3686 on Wednesday. The U.S. Dollar Index was up 0.44 of a point at 104.18. Crude oil prices underwent a correction on Thursday, paring some of Wednesday’s increases. […] Read more









Canadian dollar and business outlook

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Monday morning amid general global economic uncertainty. At 8:45 a.m. CDT the Canadian dollar was trading at US$0.7319 or US$1=C$1.3663, which compares with Friday’s close of US$0.7338 or US$1=C$1.3628. Canadian manufacturing sales rose by 0.4 per cent in May, hitting C$71.4 billion, according […] Read more