Canadian Financial Close: C$ strengthens

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday, nearing its highest level in three weeks relative to its United States counterpart as investors positioned themselves ahead of Canadian inflation data due out on Tuesday. The Canadian dollar settled at US$0.7319 or US$1=C$1.3663 on Monday, which compares with Friday’s close […] Read more

Canadian Dollar and Business Outlook: Loonie edges higher

Upticks in crude help to push up CDN$

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was higher on Monday morning, due to declines in its United States counterpart and small increases in crude oil. As of 8:35 am CDT, the loonie was at US$0.7312 or US$1=C$1.3674 compared to Friday’s close of US$0.7298 or US$1=C$1.3702. On the U.S. Dollar Index, […] Read more



Canadian Dollar and Business Outlook: Loonie holding firm

Greenback, crude oil balancing off each other

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was relatively steady on Friday morning, in light of small upticks in the United States dollar and crude oil. As of 8:31 am CDT, the loonie was at US$0.7297 or US$1=C$1.3703 compared to Thursday’s close of US$0.7300 or US$1=C$1.3698. On the U.S. Dollar Index, […] Read more









Canadian Dollar and Business Outlook: Loonie gains a little bit of ground

Supported by small increases in crude oil

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Tuesday morning due to small gains in crude oil. As of 8:42 am CDT, the loonie was at US$0.7286 or US$1=C$1.3720 compared to Monday’s close of US$0.7276 or US$1=C$1.3743. On the U.S. Dollar Index, the greenback was steady at 104.945. Benchmark […] Read more