Canadian financial close: C$ softens slightly

Glacier FarmMedia — The Canadian dollar was slightly softer at Tuesday’s close, with positioning ahead of jobs data due out later in the week behind some of the activity.      The Canadian dollar settled at US$0.7150 or US$1=C$1.3986, which compares with Monday’s close of US$0.7154 or US$1=C$1.3979.      The Organization for Economic Cooperation and Development […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer Tuesday morning.      At 8:58 a.m. CST the Canadian dollar was trading at US$0.7145 or US$1=C$1.3996 which compares with Monday’s close of US$0.7154 or US$1=C$1.3979.      The Organization for Economic Cooperation and Development (OECD) raised its forecast for growth in the world economy in 2025 to […] Read more


Canadian financial close: C$ steady to start week

Glacier FarmMedia — The Canadian dollar failed to hold onto earlier gains relative to its United States counterpart on Monday, holding steady to start the week.      The Canadian dollar settled at US$0.7154 or US$1=C$1.3979, which was unchanged with Friday’s close.      Canada’s manufacturing sector contracted in November, with the S&P Global Canada Manufacturing Purchasing […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was firmer Monday morning, with gains in crude oil supportive for the energy-linked currency.      At 9:14 a.m. CST the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Friday’s close of US$0.7154 or US$1=C$1.3979.      Canada’s manufacturing sector contracted in November, with the S&P Global Canada […] Read more



Canadian Dollar and Business Outlook: Loonie on the rise

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was higher on Friday morning, following the Statistics Canada report on the country’s economic growth. As of 8:35 am CST, the loonie was at US$0.7152 or US$1=C$1.3984, compared to Thursday’s close of US$0.7126 or US$1=C$1.4034. StatCan reported Canada’s real GDP improved by an annualized […] Read more


Canadian Financial Close: Small gain for loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar inched up on Thursday, benefitting from increases in crude oil while the United States dollar held firm. The loonie closed at US$0.7126 or US$1=C$1.4034 compared to Wednesday’s close of US$0.7113 or US$1=C$1.4059. On the U.S. Dollar Index, the greenback was unchanged at 99.522. […] Read more