Glacier FarmMedia MarketsFarm – The Canadian dollar ended the week on a positive note on Friday. The loonie closed at US$0.7416 or US$1=C$1.3484, compared to US$0.7411 or US$1=C$1.3493 on Thursday. The United States Dollar Index was down 0.01 of a point at 104.29. Crude oil prices rose on Friday amidst tensions in the Middle East. […] Read more
Canadian Financial Close: Loonie up, crude oil jumps
Canadian Dollar and Business Outlook: Loonie down, crude oil increases
Glacier FarmMedia MarketsFarm – The Canadian dollar took a small step back on Friday morning. The loonie was at US$0.7408 or US$1=C$1.3499 as of 8:32 a.m. CST, compared to Thursday’s close of US$0.7411 or US$1=C$1.3493. The United States Dollar Index was up 0.30 of a point at 104.60. Crude oil prices were higher as gains […] Read more
Canadian Financial Close: Loonie, crude oil make big gains
Glacier FarmMedia MarketsFarm – The Canadian dollar surpassed the 74 United States cent mark on Thursday. The loonie closed at US$0.7411 or US$1=C$1.3493, compared to US$0.7380 or US$1=C$1.3550 on Wednesday. The United States Dollar Index dropped 0.44 of a point at 104.29. The U.S. Commerce Department reported on Thursday that retail sales in January fell 0.8 […] Read more
Canadian Dollar and Business Outlook: Loonie, TSX rise
Glacier FarmMedia MarketsFarm – The Canadian dollar moved above 74 United States cents on Thursday morning. The loonie was at US$0.7407 or US$1=C$1.3501 as of 8:41 a.m. CST, compared to Wednesday’s close of US$0.7380 or US$1=C$1.3550. The United States Dollar Index dropped 0.43 of a point at 104.30. Crude oil prices were higher despite reports of […] Read more
Canadian Financial Close: Crude oil down, TSX rebounds
Glacier FarmMedia MarketsFarm – The Canadian dollar made a modest increase on Wednesday. The loonie closed at US$0.7380 or US$1=C$1.3550, compared to US$0.7377 or US$1=C$1.3556 on Tuesday. The United States Dollar Index declined 0.22 of a point at 104.74. Crude oil prices dropped on Wednesday after larger-than-expected growth in U.S. stockpiles. However, tensions in the Middle […] Read more
Canadian Dollar and Business Outlook: Loonie unchanged, crude oil higher
Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Wednesday morning. The loonie was at US$0.7378 or US$1=C$1.3554 as of 8:35 a.m. CST, compared to Tuesday’s close of US$0.7377 or US$1=C$1.3556. The United States Dollar Index declined 0.12 of a point at 104.84. Crude oil prices were higher despite reports of expanded U.S. stockpiles […] Read more
Canadian Financial Close: Loonie, TSX fall in reaction to U.S. inflation data
Glacier FarmMedia MarketsFarm – The Canadian dollar fell sharply after the release of inflation data in the United States. The loonie closed at US$0.7377 or US$1=C$1.3556, compared to US$0.7435 or US$1=C$1.3450 on Monday. The U.S. Dollar Index jumped 0.71 of a point at 104.12 after the Labor Department reported that the country’s consumer price index increased […] Read more
Canadian Dollar and Business Outlook: Loonie down, TSX falls
Glacier FarmMedia MarketsFarm– The Canadian dollar retreated on Tuesday morning. The loonie was at US$0.7380 or US$1=C$1.3550 as of 8:49 a.m. CST, compared to Monday’s close of US$0.7435 or US$1=C$1.3450. The United States Dollar Index jumped 0.59 of a point at 104.76. The U.S. Labor Department reported today that the country’s consumer price index increased […] Read more
Canadian Financial Close: Loonie slightly higher, crude oil mixed
Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher to start the week. The loonie closed at US$0.7435 or US$1=C$1.3450, compared to US$0.7431 or US$1=C$1.3458 on Friday. The United States Dollar Index was up 0.01 of a point at 104.12. Crude oil prices were mixed on Monday. Brent crude oil declined US$0.13 at US$82.06 […] Read more
Canadian Dollar and Business Outlook: Loonie steady, crude oil decreases
Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Monday morning. The loonie was at US$0.7433 or US$1=C$1.3453 as of 8:48 a.m. CST, compared to Friday’s close of US$0.7431 or US$1=C$1.3458. The United States Dollar Index was up 0.08 of a point at 104.19. After Iran’s foreign minister said there was progress towards a […] Read more