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


Canadian Financial Close: Loonie simmers a bit

StatCan releases January CPI data

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stepped back on Tuesday as the country saw a slight increase in inflation and the United States currency strengthened. The loonie closed on Tuesday at US$0.7046 or US$1=C$1.4193, compared to Friday’s finish of US$0.7059 or US$1=C$1.4201. On the U.S. Dollar Index, the greenback […] Read more

Canadian Dollar and Business Outlook: Loonie slips to start the week

StatCan says inflation up in January

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Tuesday morning due to gains in its United States counterpart and little direction from crude oil. As of 8:34 am CST, the loonie was at US$0.7042 or US$1=C$1.4201 compared to Friday’s close of US$0.7059 or US$1=C$1.4166. On the United States Dollar Index, […] Read more