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










Canadian Financial Close: Loonie, crude oil decline

Glacier FarmMedia MarketsFarm – The Canadian dollar took another step back on Tuesday. The loonie closed at US$0.7364 or US$1=C$1.3579, compared to US$0.7385 or US$1=C$1.3541 on Monday. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many observers predicting it will remain unchanged. The United States Dollar Index was up […] Read more


Canadian Dollar and Business Outlook: Loonie retreats, crude oil rises

Glacier FarmMedia MarketsFarm – The Canadian dollar declined on Tuesday. The loonie was at US$0.7365 or US$1=C$1.3578, lower than Monday’s close of US$0.7385 or US$1=C$1.3541. The Bank of Canada (BoC) will announce its key interest rate decision on Wednesday with many expecting the central bank to leave the rate unchanged. The United States Dollar Index […] Read more