Glacier FarmMedia – The Canadian dollar pulled back on Friday, but still ended with a weekly gain. The loonie closed at US$0.7345 or US$1=C$1.3614, compared to US$0.7350 or US$1=C$1.3605 on Thursday. However, the rate was higher than on Feb. 6 at US$0.7327 or US$1=C$1.3648. The United States Dollar Index was down 0.05 of […] Read more
Canadian Financial Close: Loonie down, TSX, gold recover
Canadian Dollar and Business Outlook: Little movement for loonie, crude oil
Glacier FarmMedia – The Canadian dollar was virtually unchanged on Friday morning. The loonie was at US$0.7349 or US$1=C$1.3607 as of 8:33 a.m. CST, compared to Thursday’s close at US$0.7350 or US$1=C$1.3605. The United States Dollar Index was up 0.11 of a point at 97.04. The U.S. Bureau of Labor Statistics reported today […] 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 Dollar and Business Outlook: Loonie steady, crude oil moves lower
Glacier FarmMedia – The Canadian dollar was virtually unchanged on Thursday morning. The loonie was at US$0.7368 or US$1=C$1.3572 as of 8:35 a.m. CST, compared to Wednesday’s close at US$0.7367 or US$1=C$1.3574. The United States Dollar Index was down 0.01 of a point at 96.82. Crude oil prices pulled back after the International […] 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
Canadian Dollar and Business Outlook: Loonie down, TSX sets new record high
Glacier FarmMedia – The Canadian dollar moved lower to start Wednesday. The loonie was at US$0.7366 or US$1=C$1.3576 as of 8:33 a.m. CST, compared to Tuesday’s close at US$0.7383 or US$1=C$1.3544. The United States Dollar Index improved 0.43 of a point at 97.23. The U.S. Labor Department reported today that the country added […] Read more
Canadian Financial Close: Loonie higher, crude oil mixed
Glacier FarmMedia – The Canadian dollar ended Tuesday with its highest close in 11 days. The loonie closed at US$0.7383 or US$1=C$1.3544, compared to US$0.7366 or US$1=C$1.3576 on Monday. The United States Dollar Index was relatively steady, down 0.02 of a point at 96.80. Crude oil prices were mixed as the market […] Read more
Canadian Dollar and Business Outlook: A bit more strength for loonie
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar continued higher on Tuesday morning, as its United States counterpart slipped lower and crude oil tacked on increases. As of 9:19 am CST, the loonie was at US$0.7388 or US$1=C$1.3537, compared to Monday’s close of US$0.7366 or US$1=C$1.3576. On the U.S. Dollar Index, the […] 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
Canadian Dollar and Business Outlook: Loonie rises, crude oil declines
Glacier FarmMedia – The Canadian dollar gained some strength to start the week. The loonie was at US$0.7361 or US$1=C$1.3585 as of 8:32 a.m. CST, compared to Friday’s close at US$0.7327 or US$1=C$1.3648. The United States Dollar Index shed 0.66 of a point at 96.97. Crude oil prices declined after the U.S. […] Read more