Canadian Financial Close: U.S. dollar pushes loonie lower

Surge crude can't completely counter greenback

By Glen Hallick Glacier FarmMedia – The Canadian dollar gave up a little more than a tenth of a cent on Wednesday, due to a stronger United States dollar, but a significant upswing in crude oil tempered the losses. The loonie finished at US$0.7311 or US$1=C$1.3678 compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On […] Read more

Canadian Dollar and Business Outlook: Loonie dips

By Glen Hallick Glacier FarmMedia – The Canadian dollar eased back on Wednesday morning despite sharp gains in crude oil. As of 8:30 am CST, the Canadian dollar was at US$0.7318 or US$1=C$1.3669, compared to Tuesday’s close of US$0.7323 or US$1=C$1.3656. On the U.S. Dollar Index, the greenback added 0.320 of a point at 97.380. […] Read more


Canadian Financial Close: Loonie pulls back

By Glen Hallick Glacier FarmMedia – The Canadian dollar lost more than two-tenths of a cent on Tuesday, as trading resumed after the long weekend. The loonie finished at US$0.7323 or US$1=C$1.3656 compared to Friday’s close of US$0.7345 or US$1=C$1.3624. On the United States Dollar Index, the greenback added 0.221 of a point at 97.040. […] Read more






Canadian Financial Close: Loonie lower, TSX, gold fall

Glacier FarmMedia – The Canadian dollar eased off for the second straight day on Thursday.      The loonie closed at US$0.7350 or US$1=C$1.3605, compared to US$0.7367 or US$1=C$1.3574 on Wednesday.      The United States Dollar Index edged upwards by 0.09 of a point at 96.93.      Crude oil prices suffered losses on Thursday after the […] Read more



Canadian Financial Close: Loonie down, crude oil rises

Glacier FarmMedia – The Canadian dollar showed a decline on Wednesday despite crude oil prices moving upward.      The loonie closed at US$0.7367 or US$1=C$1.3574, compared to US$0.7383 or US$1=C$1.3544 on Tuesday.      The United States Dollar Index gained 0.13 of a point at 96.93.      Crude oil prices were higher after U.S. President Donald […] Read more