Canadian Financial Close: Loonie, crude oil on the rise

Glacier FarmMedia – The Canadian dollar gained ground against the United States dollar on Thursday as crude oil prices recovered some of Wednesday’s losses.      The loonie closed at US$0.7235 or US$1=C$1.3821, compared to US$0.7220 or C$1=C$1.3851 on Wednesday. The United States Dollar Index declined 0.37 of a point at 98.76.      The temporary ceasefire […] Read more




Canadian Dollar and Business Outlook: Crude oil falls, TSX rises after ceasefire announcement

Glacier FarmMedia – The Canadian dollar improved on Wednesday morning as crude oil prices saw a major selloff.      The loonie was at US$0.7213 or US$1=C$1.3864 as of 8:38 a.m. CDT, compared to Tuesday’s close at US$0.7191 or US$1=C$1.3907. The United States Dollar Index lost 1.20 points at 98.65.      The U.S., Israel and Iran […] Read more





Canadian Financial Close: Few changes to markets

Glacier FarmMedia – The Canadian dollar was virtually unchanged on Monday, while crude oil prices made minimal gains.      The loonie closed at US$0.7186 or US$1=C$1.3916, compared to US$0.7185 or C$1=C$1.3918 on Thursday. The Bank of Canada did not post a closing exchange rate on April 3 due to the Good Friday holiday. The United […] Read more