By Glen Hallick Glacier FarmMedia – The Canadian dollar was weaker on Friday, due to strength in the United States dollar and a poor jobs report from Statistics Canada. Gains in crude oil tempered the losses in the loonie. The Canadian dollar finished at US$0.7291 or US$1=C$1.3716 compared to Thursday’s close of US$0.7344 or US$1=C$1.3617. […] Read more
Canadian Financial Close: Loonie closes below 73 U.S. cents
Canadian Dollar and Business Outlook: Loonie dips below 73 U.S. cents
Glacier FarmMedia – The Canadian dollar stepped back on Friday morning, following the latest Statistic Canada unemployment report. As of 8:36 am CDT, the Canadian dollar was at US$0.7299 or US$1=C$1.3698 compared to Thursday’s close of US$0.7344 or US$1=C$1.3617. On the United States Dollar Index, the greenback bumped up 0.286 of a point at 99.790. […] Read more
Canadian Financial Close: No break for loonie
By Glen Hallick Glacier FarmMedia – The Canadian dollar continued to fade on Thursday, unable to climb higher on large upswings in crude oil. The loonie finished at US$0.7344 or US$1=C$1.3617 compared to Wednesday’s close of US$0.7360 or US$1=C$1.3587. On the United States Dollar Index, the greenback advanced 0.520 of a point at 98.500. Benchmark […] Read more
Canadian Dollar and Business Outlook: Loonie slips back
By Glen Hallick Glacier FarmMedia – The Canadian dollar shed about a tenth of a cent on Thursday morning, despite another round of hikes in crude oil. As of 8:41 am CDT, the Canadian dollar was at US$0.7349 or US$1=C$1.3605 compared to Wednesday’s close of US$0.7360 or US$1=C$1.3587. On the United States Dollar Index, the […] Read more
Canadian Financial Close: Loonie slips back
By Glen Hallick Glacier FarmMedia – The Canadian dollar stepped back on Wednesday, giving up about a tenth of a cent despite increased crude oil prices. The loonie finished at US$0.7360 or US$1=C$1.3587 compared to Tuesday’s close of US$0.7371 or US$1=C$1.3567. On the United States Dollar Index, the greenback rose 0.406 of a point at […] Read more
Canadian Dollar and Business Outlook: Loonie back tracks
By Glen Hallick Glacier FarmMedia – The Canadian dollar stepped back on Wednesday morning, despite a renewed upswing in crude oil prices. As of 8:39 am CDT, the Canadian dollar was at US$0.7357 or US$1=C$1.3592 compared to Monday’s close of US$0.7371 or US$1=C$1.3567. On the United States Dollar Index, the greenback gained 0.286 of a […] Read more
Canadian Financial Close: Loonie remains firm
By Glen Hallick Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday, as it fended off a sharp drop in crude oil prices. The loonie finished at US$0.7371 or US$1=C$1.3567 compared to Monday’s close of US$0.7367 or US$1=C$1.3574. On the United States Dollar Index, the greenback dipped 0.261 of a point at 98.670. […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
By Glen Hallick Glacier FarmMedia – The Canadian dollar was virtually unchanged on Tuesday morning, as losses in its United States counterpart were balanced off by lower crude oil prices. As of 8:38 am CDT, the Canadian dollar was at US$0.7368 or US$1=C$1.3572 compared to Monday’s close of US$0.7367 or US$1=C$1.3574. On the United States […] Read more
Canadian Financial Close: Crude’s dramatic about face
By Glen Hallick Glacier FarmMedia – The Canadian dollar closed higher on Monday, despite sharp swings in crude oil. The loonie finished at US$0.7367 or US$1=C$1.3574 compared to Friday’s close of US$0.7346 or US$1=C$1.3613. On the United States Dollar Index, the greenback dipped 0.159 of a point at 98.550. Benchmark crude oil prices were lower […] Read more
Canadian Dollar and Business Outlook: Big gains in crude
By Glen Hallick Glacier FarmMedia – The Canadian dollar pushed higher on Monday morning, as crude oil continued surge upward. As of 8:35 am CST, the Canadian dollar was at US$0.7375 or US$1=C$1.3563, compared to Friday’s close of US$0.7346 or US$1=C$1.3613. On the United States Dollar Index, the greenback added 0.191 of a point at […] Read more