Canadian Financial Close: Loonie down, TSX soars

Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped below the 72 United States cent mark on Tuesday as the country’s inflation rate slowed down in March. The loonie ended the day at US$0.7177 or US$1=C$1.3934, compared to US$0.7204 or US$1=C$1.3881 on Monday. Statistics Canada reported earlier today the year-by-year inflation rate was 2.3 per cent […] Read more



Canadian Financial Close: Loonie, crude oil advance

Glacier FarmMedia | MarketsFarm – The Canadian dollar closed above the 72 United States cent mark for the first time since November. The loonie ended the day at US$0.7204 or US$1=C$1.3881, compared to US$0.7199 or US$1=C$1.3890 on Friday. Statistics Canada reported earlier today that wholesale trade in February, excluding petroleum, oilseeds and grains, rose 0.3 […] Read more



Canadian Financial Close: Loonie closes stronger

Greenback falls below 100 points

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued its upward swing on Friday, climbing almost two-thirds of a cent and just short of 72 U.S. cents. The loonie closed Friday at US$0.7199 or US$1=C$1.3890, compared to Thursday’s finish of US$0.7135 or US$1=C$1.4015. On the United States Dollar Index, the greenback […] Read more


Canadian Dollar and Business Outlook: Loonie nudges above 72 cents

China ups its tariffs on U.S. to 125 per cent

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar surged ahead on Friday morning as the United States Dollar Index fell below the 100-point mark. As of 8:37 am CDT, the loonie was at US$0.7207 or US$1=C$1.3873 compared to Thursday’s close of US$0.7135 or US$1=C$1.4015. On the index, the greenback dropped 1.335 points at […] Read more

Canadian Financial Close: Loonie stronger on U.S./China trade war

Greenback, equities tumble on Trump tariff turmoil

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar jumped more than two-thirds of a cent on Thursday, after its United States counterpart was weakened by the latest tariff announcement from President Donald Trump. The loonie closed Thursday at US$0.7135 or US$1=C$1.4015, compared to Wednesday’s finish of US$0.7067 or US$1=C$1.4150. On the […] Read more