Canadian dollar and business outlook

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Monday morning, with positioning ahead of the latest interest rate announcement from the United States Federal Reserve later in the week behind some of the activity in the currency markets. At 9:00 a.m. CDT the Canadian dollar was trading at US$0.7259 or […] Read more



Canadian Dollar and Business Outlook: Loonie steps back in face of stronger greenback

Oil seeks direction, gold tumbles

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar fell below 73 U.S. cents on Friday morning due to a large increase in its United States counterpart. As of 8:37 am CDT, the loonie was at US$0.7284 or US$1=C$1.3730 compared to Thursday’s close of US$0.7307 or US$1=C$1.3686. On the U.S. Dollar Index, the […] Read more

Canadian Financial Close: Loonie edges higher

Crude advances on possible OPEC+ reversal

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed a pinch higher on Thursday, as the United States dollar eased back while crude oil made gains. The loonie closed at US$0.7307 or US$1=C$1.3686, compared to Wednesday’s finish of US$0.7301 or US$1=C$1.3696. On the U.S. Dollar Index, the greenback lost 0.146 of a […] Read more


Canadian Dollar and Business Outlook: Loonie holding firm

OPEC+ could reverse production increases

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning as increases in the United States dollar and crude oil essentially canceled each other. As of 8:35 am CDT, the loonie was at US$0.7302 or US$1=C$1.3697 compared to Wednesday’s close of US$0.7301 or US$1=C$1.3696. On the U.S. Dollar […] Read more



Canadian Dollar and Business Outlook: Loonies dips after BoC announcement

Crude inches up despite larger U.S. inventories

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back  Wednesday morning following the interest rate announcement from the Bank of Canada. As of 8:54 am CDT, the loonie was at US$0.7298 or US$1=C$1.3704 compared to Tuesday’s close of US$0.7309 or US$1=C$1.3681. On the U.S. Dollar Index, the greenback tacked on 0.049 […] Read more

Canadian Financial Close: Loonie loses a quarter cent

Losses in crude oil pull loonie downward

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Tuesday, as the United States dollar held firm while crude oil retreated. The loonie closed at US$0.7309 or US$1=C$1.3681, compared to Monday’s finish of US$0.7334 or US$1=C$1.3635. On the U.S. Dollar Index, the greenback was virtually unchanged at 104.080 points. Benchmark […] Read more


Canadian Dollar and Business Outlook: Loonies turns lower

Greenback nudges up as crude falls

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar stepped back Tuesday morning, due to upticks in the United States dollar and decreases in crude oil. As of 8:34 am CDT, the loonie was at US$0.7312 or US$1=C$1.3677 compared to Monday’s close of US$0.7334 or US$1=C$1.3635. On the U.S. Dollar Index, the greenback […] Read more

Canadian Financial Close: Loonie holds firm

Greenback, crude oil down hard

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Monday, as declines in crude oil eliminated any support from sharp losses in the United States dollar. The loonie closed at US$0.7334 or US$1=C$1.3635, compared to Friday’s finish of US$0.7333 or US$1=C$1.3637. On the U.S. Dollar Index, the greenback fell […] Read more