Canadian Dollar and Business: Loonie nudges up

Upticks limited by softer crude oil prices

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was somewhat higher on Wednesday morning, but with further gains limited by declines in crude oil. As of 8:36 am CDT, the loonie was at US$0.7248 or US$1=C$1.3795 compared to Tuesday’s close of US$0.7235 or C$1.3821. On the United States Dollar Index, the greenback […] Read more

Canadian Financial Close: Loonie pulls back more

Dollar closes while Freeland presents budget

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar lost three-tenths of a cent on Tuesday, getting some pressure from the United States dollar and virtually no direction from global crude oil prices. While the Bank of Canada closed the dollar at its usual time, it was in the midst of Minister of […] Read more


Canadian Dollar and Business: Loonie gears down prior to federal budget

Inflation creeps up to 2.9 per cent

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was lower Tuesday morning, ahead of today’s federal budget to be presented by Finance Minister Chrystia Freeland in the House of Commons at 3 pm CDT. As of 8:36 am CDT, the loonie was at US$0.7231 or US$1=C$1.3823 compared to Monday’s close of US$0.7265 […] Read more

Canadian Financial Close: Loonie holds firm

StatCan reports on manufacturing sales, wholesale trade

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Monday, as small shifts in the United States dollar and crude oil prices countered each other. The loonie closed at US$0.7265 or US$1=C$1.3764, compared to Friday’s finish of US$0.7264 or US$1=C$1.3766. On the United States Dollar Index, the greenback tacked […] Read more


Canadian Dollar and Business: Loonie starting week on positive note

Crude lower despite Middle East tensions

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged up on Monday morning, as its United States counterpart moved lower. As of 8:36 am CDT, the loonie was at US$0.7281 or US$1=C$1.3735 compared to Friday’s close of US$0.7264 or C$1.3766. On the U.S. Dollar Index, the greenback dipped 0.017 of a point […] Read more