Canadian Financial Close: C$ hits two-year low

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Tuesday, touching its lowest level in two years relative to its United States counterpart as currency traders continue to consider what the next presidency of Donald Trump will mean for the U.S. economy and global trade. The Canadian dollar settled at US$0.7172 or US$1=C$1.3944 […] Read more

Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning as activity picked up after Remembrance Day. Canadian municipalities issued C$13.0 billion worth of building permits in September, which was up by 11.5 per cent from the previous month and the second-highest level since the start of the new series in January 2017, […] Read more








Canadian Financial Close: Loonie, gold down after Trump re-election

Glacier FarmMedia | MarketsFarm – The Canadian dollar dived on Wednesday hours following Donald Trump’s re-election as President of the United States. The loonie was at US$0.7176 or US$1=C$1.3935, compared to US$0.7218 or US$1=C$1.3854 on Tuesday. The United States Dollar Index jumped 1.66 points at 105.09. Crude oil recovered most of its losses from this morning. […] Read more

Canadian Dollar and Business Outlook: Loonie, crude oil down after Trump win

Glacier FarmMedia | MarketsFarm – The Canadian dollar tumbled on Wednesday morning following the re-election of former United States president Donald Trump. The loonie was at US$0.7166 or US$1=C$1.3955 as of 8:34 a.m. CST, compared to US$0.7218 or US$1=C$1.3854 on Tuesday. The U.S. Dollar Index surged by gaining 1.85 points at 105.27. The Federal Reserve will […] Read more