Canadian Dollar and Business: Loonie makes slight gain

Crude lends a little bit of support

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was slightly higher on Thursday morning, buoyed by a small retraction in its United States counterpart and a nudge up in crude oil prices. As of 8:40 am CDT, the loonie was at US$0.7293 or US$1=C$1.3711 compared to Wednesday’s close of US$0.7281 or C$1.3734. […] Read more

Canadian Financial Close: Loonie loses a bit more

Higher crude overpowered by stronger greenback

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar dipped back further on Wednesday, adding to yesterday’s decline. The loonie closed at US$0.7281 or US$1=C$1.3734, compared to Tuesday’s finish of US$0.7297 or US$1=C$1.3705. On the U.S. Dollar Index, the greenback added 0.130 of a point at 104.430. Benchmark crude oil prices were slightly […] Read more


Canadian Dollar and Business: Loonies loses more ground

Small gains in US greenback, as crude oil slips

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower on Wednesday morning, as the United States dollar made a small gain and crude oil slipped back. As of 8:36 am CDT, the loonie was at US$0.7278 or US$1=C$1.3737 compared to Tuesday’s close of US$0.7297 or C$1.3705. On the U.S. Dollar Index, […] Read more



Canadian Dollar and Business: Loonie loses a little bit of ground

World waiting to see what Israel does next

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Tuesday morning, as its United States counterpart inched upward while crude oil dipped back. As of 8:51 am CDT, the loonie was at US$0.7306 or US$1=C$1.3684 compared to Monday’s close of US$0.7320 or C$1.3661. On the United States Dollar Index, the […] Read more

Canadian Financial Close: Loonie starts week on small, but positive note

Small upticks in crude lend support

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged up on Monday, supported by gains in crude oil. The loonie closed at US$0.7320 or US$1=C$1.3661, compared to Friday’s finish of US$0.7314 or US$1=C$1.3672. On the U.S. Dollar Index, the greenback tacked on 0.017 of a point at 104.565. Benchmark crude oil prices […] Read more






Canadian Financial Close: Loonie gets stronger on Thursday

The Canadian dollar was higher on Thursday despite disappointing economic news from Statistics Canada (StatCan). The loonie closed at US$0.7300 or US$1=C$1.3698, compared to US$0.7268 or US$1=C$1.3759 on Wednesday. StatCan reported this morning that Canada had a C$2.28 billion trade deficit in March, the largest since June, despite estimates of a surplus of more than […] Read more