Glacier FarmMedia | MarketsFarm – The Canadian dollar was unchanged on Friday but ended the week more than four-tenths of a United States cent lower. The loonie ended the day at US$0.7308 or US$1=C$1.3683. U.S. President Donald Trump threatened 35 per cent tariffs on Canadian imports, excluding those from the energy sector and those already covered by […] Read more
Canadian Financial Close: Loonie unchanged, crude oil surges
Canadian Dollar and Business Outlook: Trump threatens Canada with 35 per cent tariff
Glacier FarmMedia | MarketsFarm – Mixed economic news did little to move the Canadian dollar in any direction on Friday morning. The loonie was at US$0.7306 or US$1=C$1.3687 as of 8:19 a.m. CDT, compared to Thursday’s close at US$0.7308 or US$1=C$1.3683. United States President Donald Trump said on Thursday that he plans to impose a blanket […] Read more
Canadian Financial Close: Crude oil down, TSX rises
Glacier FarmMedia | MarketsFarm – The Canadian dollar uncovered some upside on Thursday as tariff threats from United States President Donald Trump continued to rattle markets. The loonie ended the day at US$0.7308 or US$1=C$1.3683, compared to US$0.7303 or US$1=C$1.3693 on Wednesday. The U.S. Dollar Index was up 0.04 of a point at 97.60. Benchmark crude oil […] Read more
Canadian Dollar and Business Outlook: Little change for loonie, crude oil slips
Glacier FarmMedia | MarketsFarm — The Canadian dollar was virtually unchanged on Thursday as proposed tariff rates by United States President Donald Trump were top of mind in the market. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:24 a.m. CDT, compared to Wednesday’s close at US$0.7303 or US$1=C$1.3693. The United States Dollar Index […] Read more
Canadian Financial Close: Loonie down, crude oil steady
Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back to its lowest close in two weeks. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7312 or US$1=C$1.3677 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 97.49. Benchmark crude oil prices were virtually unchanged on Wednesday, as increased […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil slip
Glacier FarmMedia | MarketsFarm – The Canadian dollar resumed its downturn on Wednesday, moving closer to the 73 United States cent mark. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:40 a.m. CDT, compared to Tuesday’s close at US$0.7312 or US$1=C$1.3677. The United States Dollar Index added 0.02 of a point at 97.54. U.S. […] Read more
Canadian Financial Close: Loonie down, Trump imposes copper tariff
Glacier FarmMedia | MarketsFarm — The Canadian dollar retreated by approximately one-tenth of a United States cent on Tuesday despite increased crude oil prices. The loonie closed the day at US$0.7312 or US$1=C$1.3677, compared to US$0.7323 or US$1=C$1.3656 on Monday. The U.S. Dollar Index was up 0.02 of a point at 97.50. U.S. President Donald Trump […] Read more
Canadian Dollar and Business Outlook: Loonie, oil prices down
The Canadian dollar continued its decline on Tuesday morning. The loonie was at US$0.7315 or US$1=C$1.3671 as of 8:28 a.m. CDT, compared to Monday’s close at US$0.7323 or US$1=C$1.3656. The United States Dollar Index added 0.06 of a point at 97.54. U.S. President Donald Trump sent letters to 14 countries outlining the tariff rates for […] Read more
Canadian Financial Close: Loonie down, TSX sets new record
Glacier FarmMedia | MarketsFarm – The Canadian dollar retreated as United States markets re-opened after the Independence Day weekend. The loonie closed the day at US$0.7323 or US$1=C$1.3656, compared to US$0.7350 or US$1=C$1.3605 on Friday. The U.S. Dollar Index gained 0.29 of a point at 97.47. Benchmark crude oil prices corrected themselves on Monday after […] Read more
Canadian Dollar and Business Outlook: Loonie retreats, crude oil recovers
Glacier FarmMedia | MarketsFarm – The Canadian dollar took a step back to start the week. The loonie was at US$0.7331 or US$1=C$1.3641 as of 8:22 a.m. CDT, compared to Friday’s close at US$0.7350 or US$1=C$1.3605. The United States Dollar Index gained 0.24 of a point at 97.42. Crude oil prices were higher after dropping […] Read more