Canadian Financial Close: Loonie continues to decline

Glacier FarmMedia MarketsFarm – The Canadian dollar fell to its lowest level in nearly a month on Thursday. The loonie closed at US$0.7458 or US$1=C$1.3409, compared to US$0.7473 or US$1=C$1.3382 on Wednesday. The United States Dollar Index was virtually unchanged, down 0.01 of a point at 102.35. Crude oil prices were up on Thursday due to […] Read more










Canadian Dollar and Business Outlook: Loonie down as crude oil falls

Glacier FarmMedia MarketsFarm – The Canadian dollar retreated on Monday morning due to declining crude oil prices. The loonie was at US$0.7466 or US$1=C$1.3394, down from Friday’s close of US$0.7492 or US$1=C$1.3347. The United States Dollar Index was down 0.06 of a point to 102.35. Crude oil prices were falling after Saudi Arabia’s state producer Saudi […] Read more