Glacier FarmMedia — The Canadian dollar was steady on the day at Wednesday’s close, recovering from three-week lows relative to its United States counterpart earlier in the session. The Canadian dollar settled at US$0.7293 or US$1=C$1.3712, which compares with Tuesday’s close of US$0.7294 or US$1=C$1.3710. The U.S. dollar was broadly weaker internationally amid reports President […] Read more
Canadian Financial Close: C$ ends steady Wednesday
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was weaker Wednesday morning. At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7273 or US$1=C$1.3749 which compares with Tuesday’s close of US$0.7294 or US$1=C$1.3710. The income gap between the highest and lowest income households in Canada reached a record high in the first quarter of 2025 at […] Read more
Canadian Financial Close: C$ softens Tuesday
Glacier FarmMedia — The Canadian dollar was slightly weaker on Monday, as the latest inflation data The Canadian dollar settled at US$0.7294 or US$1=C$1.3710, which compares with Monday’s close of US$0.7303 or US$1=C$1.3693. Canada’s annual inflation rate bumped up to 1.9 per cent in June from 1.7 per cent the previous month, reported Statistics Canada. […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was slightly softer Tuesday morning, as currency markets reacted to the latest inflation data. At 9:27 a.m. CDT the Canadian dollar was trading at US$0.7294 or US$1=C$1.3710 which compares with Monday’s close of US$0.7303 or US$1=C$1.3693. Canada’s annual inflation rate bumped up to 1.9 per cent in June from […] Read more
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was holding near unchanged Monday morning. At 9:08 a.m. CDT the Canadian dollar was trading at US$0.7302 or US$1=C$1.3695 which compares with Friday’s close of US$0.7308 or US$1=C$1.3684. Canadian wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) were up 0.1 per cent in […] Read more
Canadian Financial Close: Loonie unchanged, crude oil surges
Glacier FarmMedia | MarketsFarm – The Canadian dollar was unchanged on Friday but ended the week more than four-tenths of a United States cent lower. The loonie ended the day at US$0.7308 or US$1=C$1.3683. U.S. President Donald Trump threatened 35 per cent tariffs on Canadian imports, excluding those from the energy sector and those already covered by […] Read more
Canadian Dollar and Business Outlook: Trump threatens Canada with 35 per cent tariff
Glacier FarmMedia | MarketsFarm – Mixed economic news did little to move the Canadian dollar in any direction on Friday morning. The loonie was at US$0.7306 or US$1=C$1.3687 as of 8:19 a.m. CDT, compared to Thursday’s close at US$0.7308 or US$1=C$1.3683. United States President Donald Trump said on Thursday that he plans to impose a blanket […] Read more
Canadian Financial Close: Crude oil down, TSX rises
Glacier FarmMedia | MarketsFarm – The Canadian dollar uncovered some upside on Thursday as tariff threats from United States President Donald Trump continued to rattle markets. The loonie ended the day at US$0.7308 or US$1=C$1.3683, compared to US$0.7303 or US$1=C$1.3693 on Wednesday. The U.S. Dollar Index was up 0.04 of a point at 97.60. Benchmark crude oil […] Read more
Canadian Dollar and Business Outlook: Little change for loonie, crude oil slips
Glacier FarmMedia | MarketsFarm — The Canadian dollar was virtually unchanged on Thursday as proposed tariff rates by United States President Donald Trump were top of mind in the market. The loonie was at US$0.7305 or US$1=C$1.3689 as of 8:24 a.m. CDT, compared to Wednesday’s close at US$0.7303 or US$1=C$1.3693. The United States Dollar Index […] Read more
Canadian Financial Close: Loonie down, crude oil steady
Glacier FarmMedia | MarketsFarm – The Canadian dollar fell back to its lowest close in two weeks. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7312 or US$1=C$1.3677 on Tuesday. The U.S. Dollar Index was down 0.03 of a point at 97.49. Benchmark crude oil prices were virtually unchanged on Wednesday, as increased […] Read more