Canadian dollar and business outlook

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was softer Monday morning amid general global economic uncertainty. At 8:45 a.m. CDT the Canadian dollar was trading at US$0.7319 or US$1=C$1.3663, which compares with Friday’s close of US$0.7338 or US$1=C$1.3628. Canadian manufacturing sales rose by 0.4 per cent in May, hitting C$71.4 billion, according […] Read more








Canadian Financial Close: Crude oil, stocks on the rise

Glacier FarmMedia MarketsFarm – The Canadian dollar regained some strength on Wednesday. The loonie closed at US$0.7342 or US$1=C$1.3620, compared to US$0.7332 or US$1=C$1.3638 on Tuesday. The United States Dollar Index was down 0.11 of a point at 105.02. Crude oil prices were higher after a drawdown of United States stockpiles and after OPEC+ maintained […] Read more