Canadian Financial Close: C$ weakens in quiet trade

Glacier FarmMedia — The Canadian dollar was weaker on Friday in relatively quiet trade, with markets in the United States closed for Independence Day. The Canadian dollar settled at US$0.7350 or US$1=C$1.3605, which compares with Thursday’s close of US$0.7366 or US$1=C$1.3575. Uncertainty over U.S. trade policies remained a feature in the background. President Donald Trump […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was softer Friday morning, in relatively quiet trade as markets in the United States were closed for Independence Day. At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7349 or US$1=C$1.3607 which compares with Thursday’s close of US$0.7366 or US$1=C$1.3575. While U.S. markets were closed, uncertainty over the […] Read more


Canadian Financial Close: C$ strengthens Thursday

Glacier FarmMedia — The Canadian dollar strengthened Thursday, as currency markets reacted to the latest trade and employment data. The Canadian dollar settled at US$0.7366 or US$1=C$1.3575, which was compares with Wednesday’s close of US$0.7341 or US$1=C$1.3622. Canadian exports were up 1.1 per cent in May while imports fell by 1.6 per cent, reported Statistics […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was stronger Thursday morning as the country’s trade deficit with the rest world narrowed. At 8:49 a.m. CDT the Canadian dollar was trading at US$0.7366 or US$1=C$1.3576 which compares with Wednesday’s close of US$0.7341 or US$1=C$1.3622. Canadian exports were up 1.1 per cent in May while imports fell by […] Read more


Canadian Financial Close: C$ firm Wednesday

Glacier FarmMedia — The Canadian dollar was firmer on Wednesday, as optimism over trade talks with the United States and gains in crude oil provided support. The Canadian dollar settled at US$0.7341 or US$1=C$1.3622, which was compares with Monday’s close of US$0.7330 or US$1=C$1.3643. Canadian markets were closed Tuesday for Canada Day. Crude oil was […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning as activity resumed after Tuesday’s Canada Day holiday. At 8:52 a.m. CDT the Canadian dollar was trading at US$0.7328 or US$1=C$1.3646 which compares with Monday’s close of US$0.7330 or US$1=C$1.3643. Crude oil prices were rising Wednesday amid heightened Mideast tensions. Iran enacted a […] Read more





Canadian Financial Close: Loonie slips following end to trade talks with U.S.

All negotiations end 'effective immediately' says Trump

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Friday, giving up nearly two-tenths of a United States cent. The loonie finished at US$0.7312 or US$1=C$1.3676, compared to Wednesday’s close of US$0.7331 or US$1=C$1.3640. The move came after U.S. President Donald Trump said he’s ending all trade talks with Canada […] Read more

Canadian Dollar and Business Outlook: Loonie holding firm

Greenback, crude balance each other off

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively steady on Friday morning, with a small upticks in the United States dollar and in crude oil countering each other. As of 8:44 am CDT, the loonie was at US$0.7327 or US$1=C$1.3650 compared to Thursday’s close of US$0.7331 or US$1=C$1.3640. On the […] Read more