Canadian Financial Close: C$ steady Monday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm–The Canadian dollar held steady on Monday, lacking any clear direction. The Canadian dollar settled at US$0.7357 or US$1=C$1.3593 on Monday, which compares with Friday’s close of US$0.7361 or US$1=C$1.3586. Canadian home sales were up by 1.3 per cent in August compared to the previous month but still […] Read more

Canadian dollar and business outlook

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding near unchanged Monday morning. At 9:18 a.m. CDT the Canadian dollar was trading at US$0.7359 or US$1=C$1.3589, which compares with Friday’s close of US$0.7361 or US$1=C$1.3586. Canadian home sales were up by 1.3 per cent in August compared to the previous month […] Read more


Canadian Financial Close: A slight upward nudge for the loonie

Crude fades as Francine subsidies

By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar was relatively steady on Friday, even though its United States counterpart was lower and crude oil edged a little higher. The loonie closed at US$0.7361 or US$1=C$1.3586, compared to Thursday’s finish of US$0.7358 or US$1=C$1.3591. On the U.S. Dollar Index, the greenback gave up 0.223 […] Read more

Canadian Dollar and Business Outlook: Loonie pushes higher

Greenback lower, crude oil rises

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar edged higher on Friday morning, gleaning support from declines in its United States counterpart as well as upticks in crude oil. As of 8:38 am CDT, the loonie was at US$0.7367 or US$1=C$1.3577 compared to Thursday’s close of US$0.7358 or US$1=C$1.3591. On the U.S. Dollar […] Read more


Canadian Financial Close: Loonie holds firm

Doesn't take advantage of weaker greenback, stronger crude oil

By Glen Hallick Glacier Farm Media|MarketsFarm – The Canadian dollar was essentially unchanged on Thursday, despite favourable movements in the United States dollar and in crude oil. The loonie closed at US$0.7358 or US$1=C$1.3591, compared to Wednesday’s finish of US$0.7359 or US$1=C$1.3589. On the U.S. Dollar Index, the greenback lost 0.397 of a point at […] Read more

Canadian Dollar and Business Outlook: Loonie standing pat

Francine pushes crude oil upward

By Glen Hallick Glacier FarmMedia|MarketsFarm – The Canadian dollar was virtually unchanged on Thursday morning with declines in the United States dollar and upticks in crude oil balancing each other off. As of 8:37 am CDT, the loonie was at US$0.7357 or US$1=C$1.3596 compared to Wednesday’s close of US$0.7359 or US$1=C$1.3589. On the U.S. Dollar […] Read more


Canadian Financial Close: Loonie finds some strength in crude oil

Francine threatening Gulf of Mexico oil facilities

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was a pinch higher on Wednesday due to gains in crude oil. The loonie closed at US$0.7359 or US$1=C$1.3589, compared to Tuesday’s finish of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar Index, the greenback added 0.100 of a point at 101.340. Benchmark crude oil […] Read more

Canadian Dollar and Business Outlook: Loonie holding firm along with U.S. greenback

Francine, lower inventories give boost to crude oil

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was virtually unchanged on Wednesday morning given little movement in its United States counterpart and despite increases in crude oil. As of 8:42 am CDT, the loonie was at US$0.7351 or US$1=C$1.3603 compared to Tuesday’s close of US$0.7353 or US$1=C$1.3599. On the U.S. Dollar […] Read more


Canadian Financial Close: Weaker crude oil weighs on loonie

OPEC cuts outlook, crude prices drop

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar took another step back on Tuesday, losing about two-tenths of cent due sharp declines in crude oil. The loonie closed at US$0.7353 or US$1=C$1.3599, compared to Monday’s finish of US$0.7374 or US$1=C$1.3561. On the U.S. Dollar Index, the greenback tacked on 0.080 of a […] Read more