By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped below 72 U.S. cents on Thursday, as its downturn pressed on for a seventh consecutive session. The loonie finished at US$0.7196 or US$1=C$1.3897, compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. Over the last week, it has dropped 0.64 of a cent. […] Read more
Canadian Financial Close: More losses for loonie
Canuck buck down more than 6/10ths over the last week
Canadian Dollar and Business Outlook: Loonie still losing ground
Dips below 72 U.S. cents
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased below 72 U.S. cents on Thursday morning, as its United States counterpart rose slightly and crude oil was relatively firm. As of 8:36 am CDT, the loonie was at US$0.7198 or US$1=C$1.3892 compared to Wednesday’s close of US$0.7212 or US$1=C$1.3866. On the U.S. […] Read more
Canadian Financial Close: Another dip for the loonie
Greenback steady, crude higher
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped a little lower on Wednesday, unable to latch on to support from crude oil. The loonie finished at US$0.7212 or US$1=C$1.3866, compared to Monday’s close of US$0.7219 or US$1=C$1.3852. The United States Dollar Index tacked on 0.026 of a point at 98.145. […] Read more
Canadian Dollar and Business Outlook: Loonie slips lower
Greenback dips as well as crude rises
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Wednesday morning despite a relatively steady United States dollar and upticks in crude oil. As of 8:35 am CDT, the loonie was at US$0.7213 or US$1=C$1.3864 compared to Tuesday’s close of US$0.7219 or US$1=C$1.3852. On the U.S. Dollar Index, the greenback […] Read more
Canadian Financial Close: Loonie continues sliding back
July CPI dips 0.2 of a point
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost nearly a quarter of a cent on Tuesday, unable to gain traction from Statistics Canada’s July inflation report. The loonie finished at US$0.7219 or US$1=C$1.3852, compared to Monday’s close of US$0.7242 or US$1=C$1.3809. The U.S. Dollar Index nudged up 0.118 of a […] Read more
Canadian Dollar and Business Outlook: Canada’s CPI dips in July
Fuel prices fall
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back on Tuesday morning despite Statistics Canada reporting inflation was lower last month. As of 8:42 am CDT, the loonie was at US$0.7227 or US$1=C$1.3836 compared to Monday’s close of US$0.7242 or US$1=C$1.3809. On the United States Dollar Index, the greenback shed 0.037 […] Read more
Canadian Financial Close: Loonie holds steady
Crude rises with positive view of White House meeting
By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar remained firm on Monday following modest increases in the United States dollar and crude oil prices. The loonie finished at US$0.7242 or US$1=C$1.3809, compared to Friday’s close of US$0.7243 or US$1=C$1.3806. The U.S. Dollar Index added 0.258 of a point at 97.970. Benchmark […] Read more
Canadian Dollar and Business Outlook: Loonie holding firm
Trump, Zelenskyy, EU leaders meet today
By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was virtually unchanged Monday morning with little movement in the United States dollar and global crude oil prices. As of 8:43 am CDT, the loonie was at US$0.7245 or US$1=C$1.3800 compared to Friday’s close of US$0.7243 or US$1=C$1.3806. On the U.S. Dollar Index, the […] Read more
Canadian Financial Close: C$ steady Friday
Glacier FarmMedia — The Canadian dollar held steady on Friday as investors squared positions ahead of the weekend. The Canadian dollar settled at US$0.7243 or US$1=C$1.3806, which was unchanged with Thursday’s close. A meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska was being followed closely. Crude oil softened Friday, with […] Read more
Canadian Dollar and Business Outlook: Little movement for loonie
Glacier FarmMedia — The Canadian dollar was steady Friday morning after losing ground on Thursday. The loonie was at US$0.7247 or US$1=C$1.3799 as of 8:29 a.m. CDT, compared to Thursday’s close at US$0.7243 or US$1=C$1.3806. The United States Dollar Index was down 0.35 of a point at 97.91. Crude oil prices were lower on Friday […] Read more