By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed up on Tuesday morning, as its United States counterpart lost ground, but the increases were tempered by a lack of direction from crude oil. Statistics Canada reported the country’s GDP contracted by 0.3 per cent in October, with preliminary reports pointing to a […] Read more
Canadian Dollar and Business Outlook: A little bit more strength for loonie
Canadian Financial Close: Loonie adds nearly 2/10ths of a cent
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was higher on Monday, propelled by declines in the United States dollar and upticks in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Friday’s close of US$0.7256 or US$1=C$1.3781. On the U.S. Dollar Index, the greenback gave up 0.297 of […] Read more
Canadian Dollar and Business Outlook: Loonie on the rise
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed higher on Monday morning, supported by a decline in the United States dollar and an upswing in crude oil. As of 8:38 am CST, the loonie was at US$0.7274 or US$1=C$1.3752, compared to Friday’s close of US$0.7256 or US$1=C$1.3781. On the U.S. Dollar […] Read more
Canadian Financial Close: Slight movement in loonie
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed relatively steady on Friday, following modest upticks in the United States dollar and crude oil. The loonie closed at US$0.7256 or US$1=C$1.3781 compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. Dollar Index, the greenback rose 0.257 of a point […] Read more
Canadian Dollar and Business Outlook: Loonie firm
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, as small increases in the United States dollar and crude held each other in check. As of 8:40 am CST, the loonie was at US$0.7266 or US$1=C$1.3761, compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. […] Read more
Canadian Financial Close: A slight shift in the loonie
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Thursday, as slight movements in the United States dollar and crude oil offered little direction. The loonie closed at US$0.7260 or US$1=C$1.3774 compared to Wednesday’s close of US$0.7256 or US$1=C$1.37482. On the U.S. Dollar Index, the greenback was up […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning, getting little direction from the United States dollar and crude oil. As of 8:33 am CST, the loonie was at US$0.7260 or US$1=C$1.3775, compared to Wednesday’s close of US$0.7256 or US$1=C$1.3782. On the U.S. Dollar Index, the greenback […] Read more
Canadian Financial Close: Loonie shifts lower
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Wednesday, as the United States dollar improved and despite hikes in crude oil. The loonie closed at US$0.7256 or US$1=C$1.3782 compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback was up 0.231 of a […] Read more
Canadian Dollar and Business Outlook: Loonie pulling back
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Wednesday morning, as its United States counterpart found strength. As of 8:37 am CST, the loonie was at US$0.7259 or US$1=C$1.3776, compared to Tuesday’s close of US$0.7274 or US$1=C$1.3748. On the U.S. Dollar Index, the greenback gained 0.311 of a point […] Read more
Canadian Financial Close: Loonie edges upwards
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar bumped up on Tuesday, supported by declines in the United States dollar and despite sharp losses in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748 compared to Monday’s close of US$0.7262 or US$1=C$1.3770. On the U.S. Dollar Index, the greenback was down […] Read more