Canadian Dollar and Business Outlook: Loonie retreating on first day of trading in 2025

U.S. greenback adding more strength

By Glen Hallick Glacier FarmMedia MarketsFarm – As trading resumed on Thursday morning following New Year’s Day, the Canadian dollar stepped back as its United States counterpart continued to add strength. As of 8:41 am CST, the loonie was at US$0.6933 or US$1=C$1.4426 compared to Tuesday’s close of US$0.6950 or US$1=C$1.4389. On the U.S. Dollar […] Read more

Canadian Financial Close: Loonie eases back

Greenback, crude oil make gains

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dipped on Tuesday in the face of a stronger United States dollar, but declines were limited by upticks in crude oil. The political upheaval surrounding Prime Minister Justin Trudeau and his minority Liberal government has settled down for now, taking some pressure off […] Read more



Canadian Financial Close: Modest increase for loonie

Support from upticks in crude oil

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar climbed higher on Monday as gains in crude oil provided support,  a slightly stronger United States dollar limited the increases. The loonie closed Monday at US$0.6955 or US$1=1.4379, compared to Friday’s finish of US$0.6937 or US$1=1.4416. On the U.S. Dollar Index, the greenback […] Read more


Canadian Dollar and Business Outlook: Loonie takes a dip

Increase in U.S. greenback adds more pressure

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar eased back on Monday morning amid ongoing turmoil surrounding Prime Minister Justin Trudeau’s leadership. As of 8:44 am CST, the loonie was at US$0.6932 or US$1=C$1.4433 compared to Friday’s close of US$0.6937 or US$1=C$1.4416. On the U.S. Dollar Index, the greenback gained 0.328 of a […] Read more

Canadian Financial Close: Trudeau at heart of loonie’s losses

Slight movements n greenback, crude oil underpin loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar slipped on Friday due to ongoing concerns about Prime Minister Justin Trudeau’s leadership. Trading in the loonie resumed today following Christmas and Boxing Day. The loonie closed Friday at US$0.6937 or US$1=1.4416, compared to Tuesday’s finish of US$0.6951 or US$1=1.4386. On the U.S. […] Read more


Canadian Dollar and Business Outlook: Loonie eases back

Trading resumes following Christmas and Boxing Day

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was a pinch lower on Friday morning as trading in the currency resumed following Christmas and Boxing Day. As of 8:36 am CST, the loonie was at US$0.6943 or US$1=C$1.4403 compared to Tuesday’s close of US$0.6951 or US$1=C$1.4386. On the U.S. Dollar Index, the greenback […] Read more




Canadian Financial Close: Loonie puts brakes to another day of losses

U.S. greenback takes a hit

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar stabilized on Friday, finishing virtually unchanged. The loonie closed Friday at US$0.6961 or US$1=1.4365, compared to Thursday’s finish of US$0.6959 or US$1=1.4370. On the U.S. Dollar Index, the greenback dropped 0.612 points at 107.540. Statistics Canada reported October retail sales grew 0.6 per […] Read more