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






Canadian Financial Close: Loonie, crude oil rise

Glacier FarmMedia – The Canadian dollar made gains on Monday as as its United States counterpart fell back and crude oil was higher.          The loonie closed at US$0.7366 or US$1=C$1.3576, compared to US$0.7327 or US$1=C$1.3648 on Friday, as speculators turned the Canadian dollar into a net long position for the first time in more […] Read more