By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Monday morning, with gains in crude oil providing some underlying support. At 8:51 a.m. CST Monday morning the Canadian dollar was trading at US$0.7476 or US$1=C$1.3376, which compares with Friday’s close of US$0.7475 or US$1=C$1.3378. Job vacancies in Canada came in […] Read more
Canadian dollar and business outlook
Canadian Financial Close: More gains for the loonie
But greenback pushes higher again, as crude relatively steady
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pushed higher on Friday, despite a lack of support. The Canadian dollar closed at US$0.7475 or US$1=C$1.3378, compared to Thursday’s finish of US$0.7452 or US$1=C$1.3419. On the U.S. Dollar Index, the greenback advanced 0.652 of a point at 102.230. Benchmark crude oil prices saw […] Read more
Canadian Dollar and Business Outlook: Loonie still climbing
But U.S. dollar turning around
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar inched its way a little higher on Friday morning, due to a small amount of support from crude oil and despite a stronger United States dollar. As of 8:37 am CST, the loonie was at US$0.7464 or C$1.3394, compared to Thursday’s close of US$0.7452 […] Read more
Canadian Financial Close: Loonie climbs more than three-quarters of a cent
Greenback stumbles badly, crude rises again
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar added more strength on Thursday, as its United States counterpart took another hard hit while crude oil prices had a second good day. The Canadian dollar closed at US$0.7452 or US$1=C$1.3419, compared to Wednesday’s finish of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, […] Read more
Canadian Dollar and Business Outlook: Loonie well above 74 U.S. cents
Weaker greenback, stronger crude oil
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was higher on Thursday morning, as it benefitted from a weaker United States dollar and increases in crude oil. As of 8:37 am CST, the loonie was at US$0.7444 or C$1.3436, compared to Wednesday’s close of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, […] Read more
Canadian Financial Close: Loonie benefits from Fed rate freeze
Greenback hit hard, crude increases
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed higher on Wednesday, propelled by weakness in the United States dollar and increases in crude oil. The Canadian dollar closed at US$0.7374 or US$1=C$1.3561, compared to Tuesday’s finish of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar Index, the greenback dropped 0.934 of a […] Read more
Canadian Dollar and Business Outlook: Loonie adds more ground
Greenback dips as crude nudges up
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar climbed higher on Wednesday morning, aided by slight declines in the United States dollar and small upticks in crude oil. As of 8:36 am CST, the loonie was at US$0.7371 or C$1.3568, compared to Tuesday’s close of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar […] Read more
Canadian Financial Close: Loonie dips as crude, greenback weaken
Crude tumbles to five-month low
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar eased back on Tuesday as crude oil prices fell hard. However, a lower United States dollar curtailed the loonie’s losses. The Canadian dollar closed at US$0.7353 or US$1=C$1.3599, compared to Monday’s finish of US$0.7369 or US$1=C$1.3570. On the U.S. Dollar Index, the greenback was […] Read more
Canadian Dollar and Business Outlook: Crude oil, loonie give up ground
Greenback also shifts lower, tempering loonie's losses
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar stepped back on Tuesday morning, along with declines in crude oil prices. However, those losses were tempered by a somewhat weaker United States dollar. As of 8:40 am CST, the loonie was at US$0.7348 or C$1.3607, compared to Monday’s close of US$0.7369 or US$1=C$1.3570. […] Read more
Canadian Financial Close: Loonie advances 10th of a cent
Subtle support from crude oil prices
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar inched upward on Monday, aided by small gains in global crude oil prices. The loonie closed at US$0.7369 or US$1=C$1.3570, compared to Friday’s finish of US$0.7359 or US$1=C$1.3588. On the United States Dollar Index, the greenback tacked on 0.062 of a point at 103.620. […] Read more