Glacier FarmMedia | MarketsFarm – The Canadian dollar slid just below the 70 United States cent mark on Tuesday. The loonie closed Tuesday at US$0.6999 or US$1=C$1.4287, compared to US$0.7030 or US$1=C$1.4225 on Monday. The U.S. Dollar Index dropped 0.34 of a point at 106.26. Crude oil fell on Tuesday to a two-month low after U.S. […] Read more
Canadian Financial Close: Loonie, crude oil slide
Canadian Dollar and Business Outlook: Loonie, crude oil in the red
Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to decline on Tuesday morning. The loonie was at US$0.7014 or US$1=C$1.4257 as of 8:35 a.m. CST, compared to Monday’s close at US$0.7030 or US$1=C$1.4225. The United States Dollar Index was down 0.17 of a point at 106.42. Crude oil moved lower as U.S. President Donald Trump […] Read more
Canadian Financial Close: Loonie starts week in retreat
Glacier FarmMedia | MarketsFarm – The Canadian dollar took a small step back on Monday. The loonie closed at US$0.7030 or US$1=C$1.4225, less than US$0.7039 or US$1=C$1.4207 on Friday. The United States Dollar Index added 0.09 of a point at 106.71. Crude oil was higher on Monday as the market monitors progress towards a peace deal […] Read more
Canadian Dollar and Business Outlook: Loonie eases off
The Canadian dollar was in decline on Monday morning. The loonie was at US$0.7029 or US$1=C$1.4227 as of 8:34 a.m. CST, compared to Friday’s close at US$0.7039 or US$1=C$1.4207. The United States Dollar Index was up 0.07 of a point at 106.69. Crude oil moved slightly upwards on Monday morning as the market waits for […] Read more
Canadian Financial Close: Surrounded by negativity, loonie gets away with a dip
Trump tariff threats pressure markets
The Canadian dollar slipped on Friday due to gains in its United States counterpart and sharp losses in crude oil. The loonie closed Friday at US$0.7039 or US$1=C$1.4207, compared to Thursday’s finish of US$0.7048 or US$1=C$1.4188. On the U.S. Dollar Index, the greenback added 0.286 of a point at 106.555. Benchmark crude oil prices were […] Read more
Canadian Dollar and Business Outlook: Loonie virtually unchanged
StatCan issues retasil sales report
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar held firm on Friday morning following the latest retail sales report from Statistics Canada. As of 8:39 am CST, the loonie was at US$0.7050 or US$1=C$1.4185 compared to Thursday’s close of US$0.7048 or US$1=C$1.4188. On the United States Dollar Index, the greenback climbed 0.241 of […] Read more
Canadian Financial Close: Loonie retakes ground
Hard loss for greenback
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished higher on Thursday by almost two-tenths of cent as the United States dollar pulled back while crude oil edged upward. The loonie closed on Thursday at US$0.7048 or US$1=C$1.4188, compared to Wednesday’s finish of US$0.7031 or US$1=C$1.4223. On the U.S. Dollar Index, […] Read more
Canadian Dollar and Business Outlook: Positive momentum for loonie
Lower greenback, higher crude oil
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar climbed higher on Thursday morning aided by declines in its United States counterpart and upticks in crude oil. As of 8:32 am CST, the loonie was at US$0.7046 or US$1=C$1.4191 compared to Wednesday’s close of US$0.7031 or US$1=C$1.4223. On the United States Dollar Index, the […] Read more
Canadian Financial Close: Loonie dips again
Greenback, crude oil increase
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar continued to slip back on Wednesday The loonie closed on Wednesday at US$0.7031 or US$1=C$1.4223, compared to Tuesday’s finish of US$0.7046 or US$1=C$1.4193. On the U.S. Dollar Index, the greenback tacked on 0.105 of a point at 107.060. Benchmark crude oil prices edged […] Read more
Canadian Dollar and Business Outlook: Slight dip for loonie
Despite upticks in crude oil
By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar slipped back on Wednesday morning. As of 8:35 am CST, the loonie was at US$0.7037 or US$1=C$1.4209 compared to Tuesday’s close of US$0.7046 or US$1=C$1.4193. On the United States Dollar Index, the greenback inched up 0.040 of a point at 106.995. Benchmark crude oil prices […] Read more