Canadian Financial Close: C$ weakens with crude oil

Glacier FarmMedia — The Canadian dollar weaker on Tuesday, pressured by losses in crude oil.      The Canadian dollar settled at US$0.7119 or US$1=C$1.4046, which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets were closed Monday for Thanksgiving.      The International Energy Agency raised its forecast for the world oil surplus in 2026 […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was softer relative to its United States counterpart Tuesday morning, with losses in crude oil behind some of the weakness in the energy-linked currency.      At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets […] Read more








Canadian Financial Close: Loonie steady, gold adds onto new record

Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday.       The loonie closed at US$0.7167 or US$1=C$1.3952, compared to US$0.7168 or US$1=C$1.3951 on Tuesday. Canadian Prime Minister Mark Carney said officials from Canada and the United States are currently negotiating terms on a new trade deal.       The United States Dollar Index was […] Read more