Canadian Financial Close: C$ firm Tuesday

Glacier FarmMedia — The Canadian dollar was slightly firmer on Tuesday as currency markets reacted to the latest inflation data out of the United States. The Canadian dollar settled at US$0.7260 or US$1=C$1.3775, which compares with Monday’s close of US$0.7254 or US$1=C$1.3785. Consumer prices in the U.S. were up by 2.7 per cent in July […] Read more



Canadian Financial Close: C$ weaker Monday

Glacier FarmMedia — The Canadian dollar was weaker on Monday, hitting its weakest level in six days relative to its United States counterpart. The Canadian dollar settled at US$0.7254 or US$1=C$1.3785, which compares with Friday’s close of US$0.7272 or US$1=C$1.3751. Monthly U.S. inflation data will be released Tuesday, with positioning ahead of the report accounting […] Read more





Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer Friday morning. At 9:15 a.m. CDT the Canadian dollar was trading at US$0.7269 or US$1=C$1.3757 which compares with Thursday’s close of US$0.7271 or US$1=C$1.3753. Canada’s unemployment rate held steady at 6.9 per cent in July, reported Statistics Canada. Employment dipped by 0.2 points at 60.7 per […] Read more

Canadian Financial Close: Loonie steady as tariffs come into effect

Glacier FarmMedia — The Canadian dollar was relatively steady on Thursday as tariffs imposed by United States President Donald Trump came into effect. The loonie closed at US$0.7271 or US$1=C$1.3753, compared to US$0.7275 or US$1=C$1.3746 on Wednesday. Canadian goods not covered under the Canada-U.S.-Mexico Agreement (CUSMA) are subject to 35 per cent levies. The United […] Read more


Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was slightly softer Thursday morning, backing away from the eight-day high relative to its United States counterpart hit on Wednesday. At 9:15 a.m. CDT the Canadian dollar was trading at US$0.7268 or US$1=C$1.3759 which compares with Wednesday’s close of US$0.7275 or US$1=C$1.3746. Crude oil was firm in early trade, […] Read more

Canadian Financial Close: Loonie, TSX on the rise

Glacier FarmMedia — The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7275 or US$1=C$1.3746, compared to US$0.7254 or US$1=C$1.3785 on Tuesday. The United States Dollar Index dropped 0.53 of a point at 98.25. U.S. President Donald Trump threatened 50 per cent tariffs on goods from India earlier today due to the […] Read more