By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Wednesday morning as there were small declines in the United States dollar. As of 8:35 am CDT, the loonie was at US$0.7354 or US$1=C$1.3599 compared to Tuesday’s close of US$0.7338 or US$1=C$1.3627. On the U.S. Dollar Index, the greenback shed 0.019 […] Read more
Canadian Dollar and Business Outlook: Loonie adds more ground
Greenback dips, crude oil mixed
Canadian Financial Close: Loonie adds more
Greenback remains on downward slide
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar pushed a bit higher on Tuesday, due to continued weakness in the United States dollar. However, upticks in the former were limited by losses in crude oil. The loonie closed at US$0.7338 or US$1=C$1.3627, compared to Monday’s finish of US$0.7325 or US$1=C$1.3651. On the […] Read more
Canadian Dollar and Business Outlook: Loonie finds more strength
StatCan reports lower inflation
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar edged higher on Tuesday morning as its United States counterpart pushed lower and despite another round of declines in crude oil. As of 8:35 am CDT, the loonie was at US$0.7340 or US$1=C$1.3624 compared to Monday’s close of US$0.7325 or US$1=C$1.3651. On the U.S. […] Read more
Canadian Financial Close: Loonie jumps above 73 U.S. cents
Greenback takes a tumble
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was stronger on Monday, as its United States counterpart fell back and despite significant losses in crude oil. The loonie closed at US$0.7325 or US$1=C$1.3651, compared to Friday’s finish of US$0.7296 or US$1=C$1.3707. On the U.S. Dollar Index, the greenback dropped 0.582 of a […] Read more
Canadian Dollar and Business Outlook: Loonie cracks 73 U.S. cents
Canadian inflation data out Tuesday
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar nudged up on Monday morning as its United States counterpart pulled back. As of 8:37 am CDT, the loonie was at US$0.7318 or US$1=C$1.3668 compared to Friday’s close of US$0.7296 or US$1=C$1.3707. On the United States Dollar Index, the greenback lost 0.222 of a […] Read more
Canadian Financial Close: C$ steady Friday
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Friday. The Canadian dollar settled at US$0.7296 or US$1=C$1.3707 on Friday, which compares with Thursday’s close of US$0.7291 or US$1=C$1.3715. Canadian housing starts increased by 16 per cent in July, hitting a seasonally adjusted rate of 279,508 units, according to a […] Read more
Canadian dollar and business outlook
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding near unchanged Friday morning, lacking any clear direction ahead of the weekend. At 9:10 a.m. CDT the Canadian dollar was trading at US$0.7289 or US$1=C$1.3719, which compares with Thursday’s close of US$0.7291 or US$1=C$1.3715. Canadian housing starts increased by 16 per cent […] Read more
Canadian Financial Close: C$ steady Thursday
By MarketsFarm Glacier FarmMedia MarketsFarm– The Canadian dollar held steady Thursday, lacking any clear direction. The Canadian dollar settled at US$0.7291 or US$1=C$1.3715 on Wednesday, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3711. New home sales in Canada were up by 4.8 per cent in July compared to the same month a year […] Read more
Canadian dollar and business outlook
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was holding steady Thursday morning. At 9:27 a.m. CDT the Canadian dollar was trading at US$0.7295 or US$1=C$1.3708, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3711. New home sales in Canada were up by 4.8 per cent in July compared to the same […] Read more
Canadian Financial Close: C$ strengthens Wednesday
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly stronger on Wednesday as currency markets reacted to updated inflation data out of the United States. The Canadian dollar settled at US$0.7293 or US$1=C$1.3711 on Wednesday, which compares with Tuesday’s close of US$0.7287 or US$1=C$1.3723. Annual inflation in the U.S. dipped to its […] Read more