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 Financial Close: Loonie, U.S. stock markets decline
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
Canadian Financial Close: Loonie pulls back, crude oil climbs
Glacier FarmMedia – The Canadian dollar was lower on Tuesday, despite rising crude oil prices. As of 3:35 p.m. CDT, the loonie was at US$0.7269 or US$1=C$1.3757, compared to US$0.7290 or C$1=C$1.3717 on Monday. The Bank of Canada had yet to post its closing exchange rate at press time. The United States Dollar […] Read more
Canadian Dollar and Business Outlook: Loonie down, crude oil bounces back
Glacier FarmMedia – The Canadian dollar declined Tuesday morning as crude oil tried to rebound from Monday’s losses. The loonie was at US$0.7266 or US$1=C$1.3763 as of 8:38 a.m. CDT, compared to Monday’s close at US$0.7290 or US$1=C$1.3717. The United States Dollar Index gained 0.52 of a point at 99.47. Crude oil prices […] Read more
Canadian Financial Close: Loonie stays put, crude oil falls
Glacier FarmMedia – The Canadian dollar was unchanged on Monday, amidst falling crude oil prices and a weaker United States dollar. The loonie closed at US$0.7290 or US$1=C$1.3717, the same rate as Friday. The U.S. Dollar Index lost half a point at 99.14. Crude oil dropped after U.S. President Donald Trump said he […] Read more
Canadian Dollar and Business Outlook: Loonie steady, crude oil falls after Trump comments
Glacier FarmMedia – The Canadian dollar was unchanged coming out of the weekend while crude oil prices dropped. The loonie was at US$0.7390 or US$1=C$1.3532 as of 8:31 a.m. CDT. The United States Dollar Index declined by 0.16 of a point at 99.49. Crude oil prices fell this morning after U.S. President Donald […] Read more