By Glen Hallick Glacier FarmMedia – The Canadian dollar closed lower on Thursday, pulled down by a stronger United States dollar. The loonie finished at US$0.7185 or US$1=C$1.3918 compared to Wednesday’s close of US$0.7200 or US$1=C$1.3888. On the U.S. Dollar Index, the greenback was up 0.392 of a point at 99.850. Benchmark crude oil prices […] Read more
Canadian Financial Close: Loonie returns below 72 U.S. cents
Canadian Dollar and Business Outlook: Loonie resumes backtracking
By Glen Hallick Glacier FarmMedia – The Canadian dollar stepped back Thursday morning, after a positive close on Wednesday. The loonie was pulled lower by an increase in the United States dollar, while hikes in crude oil tempered the downside. As of 8:37 am CDT, the Canadian dollar was at US$0.7186 or US$1=C$1.3919 compared to […] Read more
Canadian Financial Close: Loonie regains some ground
By Glen Hallick Glacier FarmMedia – The Canadian dollar gained slightly more than a quarter of a cent on Wednesday, as it stemmed a series of declines. The loonie finished at US$0.7200 or US$1=C$1.3888 compared to Tuesday’s close of US$0.7174 or US$1=C$1.3939. On the U.S. Dollar Index, the greenback was down 0.359 of a point […] Read more
Canadian Dollar and Business Outlook: Loonie adding strength
By Glen Hallick Glacier FarmMedia – The Canadian dollar climbed higher on Tuesday morning, in hopes of reversing its downturn. As of 8:34 am CDT, the Canadian dollar was at US$0.7202 or US$1=C$1.3882 compared to Tuesday’s close of US$0.7174 or US$1=C$1.3939. On the U.S. Dollar Index, the greenback dropped 0.539 of a point at 99.220. […] Read more
Canadian Financial Close: Loonie down a shade
By Glen Hallick Glacier FarmMedia – The Canadian dollar eased back on Tuesday, as a weaker United States dollar edged out gains in crude oil. The Canadian dollar finished at US$0.7174 or US$1=C$1.3939 compared to Monday’s close of US$0.7181 or US$1=C$1.3926. On the U.S. Dollar Index, the greenback fell 0.703 of a point at 99.650. […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
By Glen Hallick Glacier FarmMedia – The Canadian dollar was relatively steady on Tuesday morning, with the United States dollar down while crude oil was mixed. As of 8:37 am CDT, the Canadian dollar was at US$0.7177 or US$1=C$1.3933 compared to Monday’s close of US$0.7181 or US$1=C$1.3926. On the U.S. Dollar Index, the greenback was […] Read more
Canadian Financial Close: Loonie below 72 U.S. cents
By Glen Hallick Glacier FarmMedia – The Canadian dollar continued to fall back on Monday, in the face of a stronger United States dollar. The Canadian dollar finished at US$0.7181 or US$1=C$1.3926 compared to Friday’s close of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar Index, the greenback rose 0.363 of a point at 100.345. Benchmark […] Read more
Canadian Dollar and Business Outlook: Loonie sliding back
By Glen Hallick Glacier FarmMedia – The Canadian dollar was lower on Monday morning, as the United States dollar continued to gain strength and despite stronger crude oil prices. As of 8:50 am CDT, the Canadian dollar was at US$0.7179 or US$1=C$1.3929 compared to Friday’s close of US$0.7207 or US$1=C$1.3875. On the U.S. Dollar Index, […] Read more
Canadian Financial Close: Loonie, U.S. stock markets decline
Glacier FarmMedia – The Canadian dollar remained in retreat on Friday while crude oil prices climbed higher. The loonie closed at US$0.7207 or US$1=C$1.3875, compared to US$0.7223 or C$1=C$1.3844 on Thursday. The United States Dollar Index gained 0.26 of a point at 100.16. Despite U.S. President Donald Trump extending his deadline for Iran […] Read more
Canadian Dollar and Business Outlook: Loonie lower, crude oil climbs
Glacier FarmMedia – The Canadian dollar maintained its downward momentum on Friday morning, while crude oil prices were on the rise. The loonie was at US$0.7213 or US$1=C$1.3864 as of 8:31 a.m. CDT, compared to Thursday’s close at US$0.7223 or US$1=C$1.3844. The United States Dollar Index was up 0.12 of a point at 100.02. […] Read more