Canadian dollar and business outlook

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, with losses in crude oil accounting for some of the selling pressure in the energy-linked currency. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657, which compares with Monday’s close of US$0.7348 or US$1=C$1.3609. Crude […] Read more

Canadian Financial Close: Loonie continues losing ground

Spike in crude oil prices can't reverse dollar's course

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed more ground on Monday, as its United States counterpart was relatively steady and despite sharp upticks in crude oil. The loonie closed at US$0.7348 or US$1=C$1.3609, compared to Friday’s finish of US$0.7365 or US$1=C$1.3577. On the U.S. Dollar Index, the greenback dipped […] Read more


Canadian dollar and business outlook

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The Canadian dollar was softer Monday morning, with broad strength in the United States dollar internationally behind some of the relative weakness. At 9:55 a.m. CDT the Canadian dollar was trading at US$0.7350 or US$1=C$1.3605, which compares with Friday’s close of US$0.7365 or US$1=C$1.3577. Gains in […] Read more

Canadian Financial Close: Loonie loses ground to U.S. dollar

Greenback climbs higher

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar gave up more than two-tenths of a cent on Friday, as its United States counterpart pushed upward. The Canadian dollar closed at US$0.7365 or US$1=C$1.3577, compared to Thursday’s finish of US$0.7386 or US$1=C$1.3540. On the U.S. Dollar Index, the greenback climbed 0.480 of […] Read more


Canadian dollar and business outlook

The Canadian dollar was weaker Friday morning, as financial markets reacted to the latest jobs data out of the United States. At 9:40 a.m. CDT the Canadian dollar was trading at US$0.7363 or US$1=C$1.3581, which compares with Thursday’s close of US$0.7386 or US$1=C$1.3540. The U.S. economy added 254,000 jobs in September, far surpassing average trade […] Read more

Canadian Financial Close: Loonie losing ground to rising U.S. dollar

Surge in crude oil cannot stem declines

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar lost more than a quarter of a cent on Thursday, as its United States counterpart continued to rally while sharp increases in crude oil could only temper the loonie’s decline. The Canadian dollar closed at US$0.7386 or US$1=C$1.3540, compared to Wednesday’s finish of […] Read more


Canadian Financial Close: Loonie adds some more value

Rising crude oil provides spillover

By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar increased slightly on Wednesday, pushed upward by rising crude oil prices as a stronger United States dollar limited those gains. The loonie closed at US$0.7412 or US$1=C$1.3491, compared to Tuesday’s finish of US$0.7405 or US$1=C$1.3504. On the U.S. Dollar Index, the greenback advanced 0.414 of […] Read more

Canadian Dollar and Business Outlook: Loonie edges higher

Crude oil prices getting stronger

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar bumped up on Wednesday morning, due to another sharp upswing in crude oil. As of 8:35 am CDT, the loonie was at US$0.7411 or US$1=C$1.3490 compared to Tuesday’s close of US$0.7405 or US$1=C$1.3504. On the U.S. Dollar Index, the greenback gained 0.289 of a point […] Read more


Canadian Financial Close: Loonie holds firm

Crude surges as Iran launches missiles at Israel

By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar was relatively steady on Tuesday, as increases in its United States counterpart and sharp upticks in crude oil virtually balanced off each other. The loonie closed at US$0.7405 or US$1=C$1.3504, compared to Friday’s finish of US$0.7408 or US$1=C$1.3499. On the U.S. Dollar Index, the greenback […] Read more

Canadian Dollar and Business Outlook: Loonie inches lower

Crude eases back despite rising Middle East tensions

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar dipped Tuesday morning, as business resumed in all parts of the country after some provinces observed the National Day for Truth and Reconciliation. As of 8:34 am CDT, the loonie was at US$0.7400 or US$1=C$1.3512 compared to Friday’s close of US$0.7408 or US$1=C$1.3499. On the […] Read more