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$1.4000. Canadian markets were closed Monday for Thanksgiving. The International Energy Agency raised its forecast for the world oil surplus in 2026 […] Read more
Canadian Financial Close: C$ weakens with crude oil
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: Markets tumble on Trump comments
Glacier FarmMedia – The Canadian dollar showed no movement on Friday as it entered the Thanksgiving Day weekend lower than the week before. The loonie was unchanged from Thursday at US$0.7143 or US$1=C$1.4000 on Friday. Yet, it was still down from the Oct. 3 close of US$0.7167 or US$1=C$1.3953. The United States Dollar […] Read more
Canadian Dollar and Business Outlook: Loonie steady, more jobs added
Glacier FarmMedia – The Canadian dollar remained steady on Friday despite positive economic news from Statistics Canada. The loonie was at US$0.7144 or US$1=C$1.3998 as of 8:32 a.m. CDT, compared to Thursday’s close at US$0.7143 or US$1=C$1.4000. StatCan reported the country added 60,400 jobs in September and the unemployment rate remained at 7.1 per […] Read more
Canadian Financial Close: Loonie, crude oil move downward
Glacier FarmMedia – The Canadian dollar dipped on Thursday to its lowest close in six months after a week of staying rangebound. The loonie closed at US$0.7143 or US$1=C$1.4000, compared to US$0.7167 or US$1=C$1.3952 on Wednesday. A stronger United States dollar and lower crude oil prices pressured the loonie. The U.S. Dollar Index […] Read more
Canadian Dollar and Business Outlook: Little movement in markets
Glacier FarmMedia– The Canadian dollar continued to show little movement on Thursday. The loonie was at US$0.7165 or US$1=C$1.3957 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7167 or US$1=C$1.3952. The United States Dollar Index was up 0.06 of a point at 98.97. Crude oil prices added onto their recent […] 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
Canadian Dollar and Business Outlook: Loonie, crude oil, gold higher
Glacier FarmMedia – The Canadian dollar moved slightly upwards on Wednesday morning. The loonie was at US$0.7175 or US$1=C$1.3937 as of 8:33 a.m. CDT, compared to Tuesday’s close at US$0.7168 or US$1=C$1.3951. The United States Dollar Index continued to strengthen, rising 0.27 of a point at 98.85. The index hasn’t reached 99 points […] Read more
Canadian Financial Close: Loonie steady, gold surpasses US$4,000
Glacier FarmMedia — The Canadian dollar did not move very much on Tuesday. The loonie closed at US$0.7168 or US$1=C$1.3951, compared to US$0.7166 or US$1=C$1.3955 on Monday. Earlier today, Canadian Prime Minister Mark Carney and United States President Donald Trump met for trade discussions in the White House. The United States Dollar Index […] Read more
Canadian Dollar and Business Outlook: Gold breaks US$4,000 per ounce
Glacier FarmMedia – The Canadian dollar showed little movement on Tuesday morning. The loonie was at US$0.7167 or US$1=C$1.3953 as of 8:32 a.m. CDT, compared to Monday’s close at US$0.7166 or US$1=C$1.3955. The United States Dollar Index continued to strengthen, rising 0.41 of a point at 98.51. Crude oil prices were down […] Read more