By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Tuesday morning, ahead of tomorrow’s tariff announced from United States President Donald Trump. As of 8:35 am CDT, the loonie was at US$0.6941 or US$1=C$1.4407 compared to Monday’s close of US$0.6956 or US$1=C$1.4376. On the U.S. Dollar Index, the greenback inched up […] Read more
Canadian Dollar and Business Outlook: Loonie sliding back further
Uncertainty over Trump's tariffs weighing on values
Canadian Financial Close: Loonie pulls back
Crude rises on Trump rhetoric
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost about a third of a cent on Monday despite strong gains in crude oil. The loonie closed Monday at US$0.6956 or US$1=C$1.4376, compared to Friday’s finish of US$0.6990 or US$1=C$1.4307. On the U.S. Dollar Index, the greenback added 0.146 of a point […] Read more
Canadian Dollar and Business Outlook: Loonie steps back
Uncertainty dominates Wednesday's U,S. tariffs
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar pulled back on Monday morning, as uncertainty surrounds the next round of United States tariffs set to be imposed by President Donald Trump on Wednesday. As of 8:33 am CDT, the loonie was at US$0.6960 or US$1=C$1.4369 compared to Friday’s close of US$0.6990 or US$1=C$1.43307. […] Read more
Canadian Financial Close: Loonie steady, TSX tumbles
Glacier FarmMedia | MarketsFarm — The Canadian dollar stayed relatively unchanged and below the 70 United States cent mark to end the week. The loonie finished at US$0.6990 or US$1=C$1.4307 on Friday, compared to Thursday’s close of US$0.6989 or US$1=C$1.4309. Statistics Canada reported that real gross domestic product rose by 0.4 per cent in January, while […] Read more
Canadian Dollar and Business Outlook: Loonie, U.S. inflation up
Glacier FarmMedia | MarketsFarm – The Canadian dollar moved upwards on Friday morning. The loonie was at US$0.6994 or US$1=C$1.4298 as of 8:33 a.m. CDT, compared to Thursday’s close at US$0.6989 or US$1=C$1.4309. Canadian Prime Minister Mark Carney will have his first conversation with United States President Donald Trump this morning as U.S. tariffs on Canadian […] Read more
Canadian Financial Close: Loonie down, gold sets new record
Glacier FarmMedia | MarketsFarm — The Canadian dollar dipped back below the 70 United States cent mark on Thursday. The loonie finished at US$0.6989 or US$1=C$1.4309, compared to Wednesday’s close of US$0.7009 or US$1=C$1.4268. The U.S. Dollar Index shed 0.26 of a point at 104.29. Crude oil was slightly higher on Thursday. Brent crude oil […] Read more
Canadian Dollar and Business Outlook: Loonie declines, gold finds record price
Glacier FarmMedia | MarketsFarm – The Canadian dollar continued its rollercoaster ride on Thursday morning. The loonie was at US$0.6984 or US$1=C$1.4318 as of 8:31 a.m. CDT, compared to Wednesday’s close at US$0.7009 or US$1=C$1.4268. On Wednesday, United States President Donald Trump confirmed there will be 25 per cent tariffs imposed on auto imports starting April […] Read more
Canadian Financial Close: Loonie, U.S. dollar index hit multi-week highs
Glacier FarmMedia | MarketsFarm – For the first time in more than a month, the Canadian dollar ended Wednesday above the 70 United States cent mark. The loonie finished at US$0.7009 or US$1=C$1.4268, compared to Tuesday’s close of US$0.6995 or US$1=C$1.4296. It was the loonie’s highest close since Feb. 24. The U.S. Dollar Index reached its […] Read more
Canadian Dollar and Business Outlook: Loonie, crude oil prices climb upward
Glacier FarmMedia | MarketsFarm – The Canadian dollar had positive momentum on Wednesday morning. The loonie was at US$0.7010 or US$1=C$1.4265 as of 8:31 a.m. CDT, compared to Tuesday’s close at US$0.6995 or US$1=C$1.4296. The United States Dollar Index was up 0.24 of a point at 104.43. Reports of declining U.S. stockpiles lifted crude oil prices […] Read more
Canadian Financial Close: Loonie, crude oil show small increases
The Canadian dollar peaked above the 70-cent mark on Tuesday, but it closed a shade below it. The loonie finished at US$0.6995 or US$1=C$1.4296, compared to Monday’s close of US$0.6984 or US$1=C$1.4318. The United States Dollar Index retreated 0.10 of a point at 104.16. Brent crude oil added US$0.15 at US$73.15 per barrel. West Texas […] Read more