Canadian Dollar and Business Outlook: Trump threatens Canada with 35 per cent tariff

Glacier FarmMedia | MarketsFarm – Mixed economic news did little to move the Canadian dollar in any direction on Friday morning. The loonie was at US$0.7306 or US$1=C$1.3687 as of 8:19 a.m. CDT, compared to Thursday’s close at US$0.7308 or US$1=C$1.3683. United States President Donald Trump said on Thursday that he plans to impose a blanket […] Read more

Canadian Financial Close: Crude oil down, TSX rises

Glacier FarmMedia | MarketsFarm – The Canadian dollar uncovered some upside on Thursday as tariff threats from United States President Donald Trump continued to rattle markets. The loonie ended the day at US$0.7308 or US$1=C$1.3683, compared to US$0.7303 or US$1=C$1.3693 on Wednesday. The U.S. Dollar Index was up 0.04 of a point at 97.60. Benchmark crude oil […] Read more












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