Canadian Financial Close: Loonie rises, crude oil slips

Glacier FarmMedia | MarketsFarm – The Canadian dollar gained strength on Tuesday, closing at its highest level in 18 days. The loonie ended Tuesday at US$0.7334 or US$1=C$1.3635, compared to US$0.7303 or US$1=C$1.3693 on Monday. Earlier today, Canadian Prime Minister Mark Carney briefed the premiers on ongoing trade negotiations with the United States, telling reporters that he’ll […] Read more






Canadian Financial Close: C$ firm Friday

Glacier FarmMedia — The Canadian dollar strengthened Friday, as dovish comments out of the United States Federal Reserve weighed on the U.S. currency. The Canadian dollar settled at US$0.7289 or US$1=C$1.3720, which compares with Thursday’s close of US$0.7271 or US$1=C$1.3753. The total value of investment in building construction was down by 2.2 per cent in […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly firmer Friday morning, as financial markets reacted to optimistic trade updates, including a deal on dairy with New Zealand and talk that Canada was advancing discussions with South America’s Mercosur group. At 9:39 a.m. CDT the Canadian dollar was trading at US$0.7288 or US$1=C$1.3721 which compares with […] Read more


Canadian Financial Close: C$ weaker Thursday

Glacier FarmMedia — The Canadian dollar was weaker on Thursday, as its United States counterpart regained lost ground in international trade. The Canadian dollar settled at US$0.7271 or US$1=C$1.3753, which compares with Wednesday’s close of US$0.7293 or US$1=C$1.3712. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was softer Thursday morning, as the United States currency saw some strength internationally. Talk that U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell had roiled currency markets on Wednesday, but Trump later walked back those comments. At 9:28 a.m. CDT the Canadian dollar was […] Read more