Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer Thursday morning. At 9:17 a.m. CDT the Canadian dollar was trading at US$0.7150 or US$1=C$1.3986 which compares with Wednesday’s close of US$0.7159 or US$1=C$1.3964. Canadian manufacturing sales were down 1.4 per cent in March at C$71.9 billion, reported Statistics Canada. Sales were down for […] Read more
Canadian dollar and business outlook
Canadian Financial Close: C$ steady Wednesday
Glacier FarmMedia — The Canadian dollar held steady on Wednesday, lacking any clear direction. The Canadian dollar settled at US$0.7161 or US$1=C$1.3964, which compares with Tuesday’s close of US$0.7159 or US$1=C$1.3969. The value of building permits issued in Canada fell by 4.1 per cent in March compared to the previous month, coming in at C$549.4 […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly firmer Wednesday morning. At 9:33 a.m. CDT the Canadian dollar was trading at US$0.7160 or US$1=C$1.3966 which compares with Tuesday’s close of US$0.7159 or US$1=C$1.3969. The value of building permits issued in Canada fell by 4.1 per cent in March compared to the previous month, […] Read more
Canadian Financial Close: C$ firm Tuesday
Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened on Tuesday, as currency traders reacted to the new federal cabinet unveiled by Prime Minister Mark Carney. The Canadian dollar settled at US$0.7159 or US$1=C$1.3969, which compares with Monday’s close of US$0.7144 or US$1=C$1.3998. General weakness in the United States dollar internationally contributed to the relative […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was slightly softer relative to its United States counterpart Tuesday morning. At 9:05 a.m. CDT the Canadian dollar was trading at US$0.7138 or US$1=C$1.4010 which compares with Monday’s close of US$0.7144 or US$1=C$1.3998. Consumer prices in the U.S. increased by 2.3 per cent on an annual basis […] Read more
Canadian Financial Close: C$ weakens Monday
Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker on Monday amid broad strength in the United States dollar internationally. The Canadian dollar settled at US$0.7144 or US$1=C$1.3998, which compares with Friday’s close of US$0.7180 or US$1=C$1.3927. China and the U.S. agreed to cut tariffs on each other for 90 days after representatives met […] Read more
Canadian dollar and business outlook
Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Monday morning, as global financial markets reacted to news of a 90-day trade truce between China and the United States. At 9:14 a.m. CDT the Canadian dollar was trading at US$0.7147 or US$1=C$1.3992 which compares with Friday’s close of US$0.7180 or US$1=C$1.3927. China and the […] Read more
Canadian Financial Close: Loonie, crude oil in opposite directions
Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped on Friday, capping off a tough week in which the currency lost more than six-tenths of a United States cent. The loonie ended the day at US$0.7180 or US$1=C$1.3927, compared to US$0.7191 or US$1=C$1.3907 on Thursday. Statistics Canada reported the country’s unemployment rate rose to 6.9 […] Read more
Canadian Dollar and Business Outlook: Loonie down, unemployment up
Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off on Friday morning after the release of mixed economic news from Statistics Canada. The loonie was at US$0.7184 or US$1=C$1.3920 as of 8:30 a.m. CDT, compared to Thursday’s close at US$0.7191 or US$1=C$1.3906. StatCan reported today the country’s unemployment rate increased by two-tenths of a […] Read more
Canadian Financial Close: Loonie falls as U.S. dollar strengthens
Glacier FarmMedia | MarketsFarm – The Canadian dollar dropped sharply on Thursday, closing at its lowest level since April 15. The loonie ended the day at US$0.7191 or US$1=C$1.3907, compared to US$0.7248 or US$1=C$1.3796 on Wednesday. The United States Dollar Index jumped 1.06 points at 100.67 as the markets anticipate trade talks between the U.S. and […] Read more