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 Financial Close: Loonie down a shade
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
Canadian Financial Close: Loonie, TSX down, crude oil advances
Glacier FarmMedia – The Canadian dollar retreated on Thursday while crude oil prices turned higher. The loonie closed at US$0.7223 or US$1=C$1.3844, compared to US$0.7246 or C$1=C$1.3801 on Wednesday. The United States Dollar Index gained 0.41 of a point at 100.01. Crude oil advanced after U.S. President Donald Trump warned Iran on […] Read more
Canadian Dollar and Business Outlook: Loonie down, crude oil moves up
Glacier FarmMedia – The Canadian dollar continued to ease off on Thursday morning although crude oil prices regained their upward momentum. The loonie was at US$0.7230 or US$1=C$1.3831 as of 8:35 a.m. CDT, compared to Wednesday’s close at US$0.7246 or US$1=C$1.3801. The United States Dollar Index was up 0.29 of a point at 99.89. […] Read more
Canadian Financial Close: Loonie down, TSX surges
Glacier FarmMedia – The Canadian dollar declined for the second straight day on Wednesday as crude oil prices eased off. The loonie closed at US$0.7246 or US$1=C$1.3801, compared to US$0.7267 or C$1=C$1.3761 on Tuesday. The United States Dollar Index gained 0.20 of a point at 99.63. Crude oil retreated after the U.S. […] Read more
Canadian Dollar and Business Outlook: Loonie declines, crude oil drops
Glacier FarmMedia – The Canadian dollar declined Wednesday morning along with crude oil after the United States sent a ceasefire plan to Iran. The loonie was at US$0.7255 or US$1=C$1.3784 as of 8:35 a.m. CDT, compared to Tuesday’s close at US$0.7267 or US$1=C$1.3761. The United States Dollar Index was down 0.04 of a point […] Read more