Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was firmer Monday morning, with gains in crude oil supportive for the energy-linked currency.      At 9:14 a.m. CST the Canadian dollar was trading at US$0.7165 or US$1=C$1.3957 which compares with Friday’s close of US$0.7154 or US$1=C$1.3979.      Canada’s manufacturing sector contracted in November, with the S&P Global Canada […] Read more

Canadian Financial Close: Loonie, TSX rise entering the weekend

Glacier FarmMedia – The Canadian dollar saw its highest close in nearly a month following welcomed economic data from Statistics Canada.      The loonie jumped to US$0.7154 or US$1=C$1.3979 on Friday, its highest close since Oct. 29, compared to US$0.7126 or US$1=C$1.4034 on Thursday. StatCan reported today that Canada’s economy grew at an annualized rate […] Read more


Canadian Dollar and Business Outlook: Loonie on the rise

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar was higher on Friday morning, following the Statistics Canada report on the country’s economic growth. As of 8:35 am CST, the loonie was at US$0.7152 or US$1=C$1.3984, compared to Thursday’s close of US$0.7126 or US$1=C$1.4034. StatCan reported Canada’s real GDP improved by an annualized […] Read more

Canadian Financial Close: Small gain for loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar inched up on Thursday, benefitting from increases in crude oil while the United States dollar held firm. The loonie closed at US$0.7126 or US$1=C$1.4034 compared to Wednesday’s close of US$0.7113 or US$1=C$1.4059. On the U.S. Dollar Index, the greenback was unchanged at 99.522. […] Read more






Canadian Financial Close: Loonie barely budges

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar held steady on Tuesday, benefitting from a weaker United States dollar while fending off pressure from lower crude prices. The loonie closed at US$0.7090 or US$1=C$1.4104 compared to Monday’s close of US$0.7088 or US$1=C$1.4108. On the U.S. Dollar Index, the greenback pulled back […] Read more



Canadian Financial Close: Loonie inches back

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar finished relatively steady on Monday, as its United States counterpart followed suit while crude oil was stronger. The loonie closed at US$0.7088 or US$1=C$1.4108 compared to Friday’s close of US$0.7092 or US$1=C$1.4100. On the U.S. Dollar Index, the greenback was virtually unchanged at […] Read more