Canadian Dollar and Business Outlook: Loonie retreats, U.S. Fed to announce interest rate

Glacier FarmMedia | MarketsFarm – The Canadian dollar The Canadian continued to decline on Wednesday morning, adding to losses incurred on Tuesday. The loonie was at US$0.7325 or US$1=C$1.3652 as of 8:32 a.m. CDT, compared to Tuesday’s close at US$0.7351 or US$1=C$1.3603. The United States Dollar Index was down 0.13 of a point at 98.69. The […] Read more








Canadian Financial Close: C$ firm Friday

Glacier FarmMedia — The Canadian dollar was firmer on Friday, as markets reacted to the escalating tensions in the Middle East after Israel launched airstrikes on Iran. The Canadian dollar settled at US$0.7354 or US$1=C$1.3598, which was compares with Thursday’s close of US$0.7346 or US$1=C$1.3612. Manufacturing sales in Canada were down for the third straight […] Read more

Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was relatively unchanged Friday morning, despite a rally in crude oil as financial markets reacted to Israeli attacks on Iran overnight and investors moved to safe havens like the United States dollar. At 8:57 a.m. CDT the Canadian dollar was trading at US$0.7341 or US$1=C$1.3622 which compares with Thursday’s […] Read more