Canadian Dollar and Business Outlook: Loonie loses nearly half a U.S. cent

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Thursday morning, giving up nearly a half cent to a stronger United States dollar. The loonie was at US$0.7201 or US$1=C$1.3887 as of 8:38 a.m. CDT, compared to Wednesday’s close at US$0.7248 or US$1=C$1.3796. The United States Dollar Index increased 0.41 of a point at 100.02. On Wednesday, […] Read more



Canadian Dollar and Business Outlook: Loonie, crude oil show little change

Glacier FarmMedia | MarketsFarm – The Canadian dollar was slightly lower on Wednesday morning. The loonie was at US$0.7250 or US$1=C$1.3793 as of 8:30 a.m. CDT, compared to Tuesday’s close at US$0.7255 or US$1=C$1.3783. Statistics Canada reported today that February retail sales totaled C$56.9 billion, up one per cent from January. The United States Dollar […] Read more







Canadian Financial Close: Loonie higher after Carney confirms Trump meeting

PM says talks likely to be 'difficult, but constructive'

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed the week on a high note Friday by adding nearly two-tenths of a cent. The loonie finished at US$0.7246 or US$1=C$1.3800, compared to Thursday’s close of US$0.7228 or US$1=C$1.3836. On the U.S. Dollar Index, the greenback lost 0.204 of a point at […] Read more



Canadian Financial Close: Sharp gains in U.S. dollar weigh on loonie

High crude oil caps loonie's decline

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Thursday in the face of a stronger United States dollar. Increases in crude oil stemmed the loonie’s decline. The Canadian dollar closed Thursday at US$0.7228 or US$1=C$1.3836, compared to Wednesday’s finish of US$0.7240 or US$1=C$1.3812. On the U.S. Dollar Index, […] Read more