Glacier FarmMedia MarketsFarm – The Canadian dollar saw a small increase on Thursday morning. The loonie was at US$0.7298 or US$1=C$1.3702 as of 8:34 a.m. CDT, compared to US$0.7294 or US$1=C$1.3709 on Wednesday. The United States Dollar Index was up 0.25 of a point at 105.50. U.S. markets were closed for most of Wednesday due […] Read more
Canadian Dollar and Business Outlook: Loonie up, crude oil makes gains
Canadian Financial Close: Loonie higher, crude oil dips
Glacier FarmMedia MarketsFarm – The Canadian dollar moved upwards on Wednesday, closer to the 73 United States cent mark. The loonie closed at US$0.7294 or US$1=C$1.3709, compared to US$0.7287 or US$1=C$1.3723 on Tuesday. The U.S. Dollar Index was unchanged at 105.25 points. Most U.S. markets were closed for most of the day on Wednesday due […] Read more
Canadian Dollar and Business Outlook: Loonie higher, crude oil mixed
Glacier FarmMedia MarketsFarm – The Canadian dollar was one step closer to the 73 United States cent mark on Wednesday morning. The loonie was at US$0.7294 or US$1=C$1.3710 as of 8:35 a.m. CDT, compared to US$0.7287 or US$1=C$1.3723 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 105.22. U.S. markets are […] Read more
Canadian Financial Close: Loonie higher, crude oil jumps
Glacier FarmMedia MarketsFarm – The Canadian dollar moved one step upward on Tuesday. The loonie closed at US$0.7287 or US$1=C$1.3723, compared to US$0.7276 or US$1=C$1.3743 on Monday. The United States Dollar Index declined 0.05 of a point at 105.27. Crude oil prices were higher on Tuesday after a Ukrainian drone strike on a Russian refinery […] Read more
Canadian Dollar and Business Outlook: Loonie gains a little bit of ground
Supported by small increases in crude oil
By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar bumped up on Tuesday morning due to small gains in crude oil. As of 8:42 am CDT, the loonie was at US$0.7286 or US$1=C$1.3720 compared to Monday’s close of US$0.7276 or US$1=C$1.3743. On the U.S. Dollar Index, the greenback was steady at 104.945. Benchmark […] Read more
Canadian Financial Close: Loonie steady, crude oil rises
The Canadian dollar made little headway on Monday. The loonie closed at US$0.7276 or US$1=C$1.3743, compared to US$0.7272 or US$1=C$1.3751 on Friday. The United States Dollar Index declined 0.19 of a point at 105.36. Crude oil prices jumped on Monday due to bullish economic data from China and speculation OPEC+ could delay adding more supply […] Read more
Canadian Dollar and Business Outlook: Loonie mostly unchanged
Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady coming out of the weekend. The loonie was at US$0.7275 or US$1=C$1.3746 as of 8:36 a.m. CDT, compared to US$0.7272 or US$1=C$1.3751 on Friday. The United States Dollar Index was down 0.01 of a point at 105.54. Crude oil prices were higher due to welcome […] Read more
Canadian Financial Close: C$ steady
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar held near unchanged on Friday, lacking any clear direction as investors adjusted positions ahead of the weekend. The Canadian dollar settled at US$0.7272 or US$1=C$1.3751 on Friday, which compares with Thursday’s close of US$0.7275 or US$1=C$1.3746. Manufacturing sales in Canada were up by 1.1 […] Read more
Canadian dollar and business outlook
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker Friday morning, with broad strength in the United States currency globally behind some of the softness. At 9:03 a.m. CDT the Canadian dollar was trading at US$0.7253 or US$1=C$1.3787, which compares with Thursday’s close of US$0.7275 or US$1=C$1.3746. Manufacturing sales in Canada […] Read more
Canadian dollar and business outlook
By Phil Franz-Warkentin, MarketsFarm Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer Thursday morning, as currency traders continued to parse Wednesday’s comments from the United States Federal Reserve. At 8:47 a.m. CDT the Canadian dollar was trading at US$0.7280 or US$1=C$1.3736, which compares with Wednesday’s close of US$0.7299 or US$1=C$1.3700. The Fed left […] Read more