Canadian Financial Close: Loonie barely budges

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar held steady on Tuesday, benefitting from a weaker United States dollar while fending off pressure from lower crude prices. The loonie closed at US$0.7090 or US$1=C$1.4104 compared to Monday’s close of US$0.7088 or US$1=C$1.4108. On the U.S. Dollar Index, the greenback pulled back […] Read more



Canadian Financial Close: Loonie inches back

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished relatively steady on Monday, as its United States counterpart followed suit while crude oil was stronger. The loonie closed at US$0.7088 or US$1=C$1.4108 compared to Friday’s close of US$0.7092 or US$1=C$1.4100. On the U.S. Dollar Index, the greenback was virtually unchanged at […] Read more



Canadian Financial Close: Loonie, retail sales down

Glacier FarmMedia – The Canadian dollar ended the week by dipping below 71 United States cents for the first time since Nov. 6.      The loonie dropped to US$0.7092 or US$1=C$1.4100 on Friday, compared to US$0.7102 or US$1=C$1.4080 on Thursday. Statistics Canada reported today that retail sales in September decreased 0.7 per cent at C$69.8 […] Read more



Canadian Financial Close: Loonie, stock markets down

Glacier FarmMedia – The Canadian dollar closed at its lowest level in two weeks on Thursday.      The loonie dropped to US$0.7102 or US$1=C$1.4080, compared to US$0.7123 or US$1=C$1.4040 on Wednesday.      The United States Dollar Index was up 0.02 of a point at 100.25. The U.S. Labor Department confirmed on Wednesday it will not […] Read more


Canadian Dollar and Business Outlook: Loonie, crude oil in opposite directions

Glacier FarmMedia – The Canadian dollar was slightly lower on Thursday morning, despite increases in crude oil.      The loonie was at US$0.7118 or US$1=C$1.4049 as of 8:36 a.m. CST, compared to Wednesday’s close at US$0.7123 or US$1=C$1.4040.      The United States Dollar Index was down 0.07 of a point at 100.15.      Crude oil prices […] Read more

Canadian Financial Close: Loonie, crude oil drop

Glacier FarmMedia – The Canadian dollar took a tumble on Wednesday due to a stronger United States dollar and weaker crude oil prices.      The loonie declined to US$0.7123 or US$1=C$1.4040, compared to US$0.7144 or US$1=C$1.3997 on Tuesday.      The United States Dollar Index was up 0.65 of a point at 100.20. The U.S. Labor […] Read more