By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar increased by almost a quarter cent on Tuesday, as its United States counterpart fell back and crude oil chalked up gains. This was also despite Statistics Canada reporting the country’s economy shrank by 0.3 per cent in October. StatCan’s preliminary estimate called for […] Read more
Canadian Financial Close: Loonie closes shy of 73 U.S. cents
Canadian Dollar and Business Outlook: A little bit more strength for loonie
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed up on Tuesday morning, as its United States counterpart lost ground, but the increases were tempered by a lack of direction from crude oil. Statistics Canada reported the country’s GDP contracted by 0.3 per cent in October, with preliminary reports pointing to a […] Read more
Canadian Financial Close: Loonie adds nearly 2/10ths of a cent
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was higher on Monday, propelled by declines in the United States dollar and upticks in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Friday’s close of US$0.7256 or US$1=C$1.3781. On the U.S. Dollar Index, the greenback gave up 0.297 of […] Read more
Canadian Dollar and Business Outlook: Loonie on the rise
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed higher on Monday morning, supported by a decline in the United States dollar and an upswing in crude oil. As of 8:38 am CST, the loonie was at US$0.7274 or US$1=C$1.3752, compared to Friday’s close of US$0.7256 or US$1=C$1.3781. On the U.S. Dollar […] Read more
Canadian Financial Close: Slight movement in loonie
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed relatively steady on Friday, following modest upticks in the United States dollar and crude oil. The loonie closed at US$0.7256 or US$1=C$1.3781 compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. Dollar Index, the greenback rose 0.257 of a point […] Read more
Canadian Dollar and Business Outlook: Loonie firm
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, as small increases in the United States dollar and crude held each other in check. As of 8:40 am CST, the loonie was at US$0.7266 or US$1=C$1.3761, compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. […] Read more
Canadian Financial Close: A slight shift in the loonie
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Thursday, as slight movements in the United States dollar and crude oil offered little direction. The loonie closed at US$0.7260 or US$1=C$1.3774 compared to Wednesday’s close of US$0.7256 or US$1=C$1.37482. On the U.S. Dollar Index, the greenback was up […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, getting little direction from the United States dollar and crude oil. As of 8:33 am CST, the loonie was at US$0.7260 or US$1=C$1.3775, compared to Wednesday’s close of US$0.7256 or US$1=C$1.3782. On the U.S. Dollar Index, the greenback […] Read more
Canadian Financial Close: Loonie shifts lower
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Wednesday, as the United States dollar improved and despite hikes in crude oil. The loonie closed at US$0.7256 or US$1=C$1.3782 compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback was up 0.231 of a […] Read more
Canadian Dollar and Business Outlook: Loonie pulling back
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Wednesday morning, as its United States counterpart found strength. As of 8:37 am CST, the loonie was at US$0.7259 or US$1=C$1.3776, compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback gained 0.311 of a point […] Read more